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Carl Menger And The Origins Of Austrian Economics
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Book Synopsis Carl Menger and the Origins of Austrian Economics by : Max Alter
Download or read book Carl Menger and the Origins of Austrian Economics written by Max Alter and published by Routledge. This book was released on 2020-11-09 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with central elements of the cultural, political and social background of Austrian economic theory in general and Menger's version of it in particular. It draws on Menger's theoretical writings as well as on his explicitly methodological works as source material.
Book Synopsis Austrian Economics in Transition by : H. Hagemann
Download or read book Austrian Economics in Transition written by H. Hagemann and published by Springer. This book was released on 2010-05-28 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes both the consistent and changing elements in the Austrian School of Economics since its foundation in the late 19th Century up to the recent offspring of this School. It investigates the dynamic metamorphosis of the school, mainly with reference to its contact with representatives of history of economic thought.
Book Synopsis Austrian School of Economics: A History of Its Ideas, Ambassadors, and Institutions by :
Download or read book Austrian School of Economics: A History of Its Ideas, Ambassadors, and Institutions written by and published by Ludwig von Mises Institute. This book was released on with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Austrian Economics by : Steven Horwitz
Download or read book Austrian Economics written by Steven Horwitz and published by Cato Institute. This book was released on 2020-07-14 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: What if economics began with people? Choice is an essential feature of the human condition. Every time we embark on a given plan of action, big or small, we make a choice. Whereas many economists model people’s behavior using idealized assumptions, economists of the Austrian School don’t. The Austrian School of Economics takes people as they are and constructs economic theories by examining the logical structure of the choices they make. Austrian Economics: An Introduction book explains the Austrian School’s insights on a wide range of economic topics and introduces some of its key thinkers. It also explains the relationship between the Austrian School and mainstream economics and delves into the criticisms that Austrian School economists have mounted against communist and socialist economic thought.
Book Synopsis Great Austrian Economists, The by : Randall G. Holcombe
Download or read book Great Austrian Economists, The written by Randall G. Holcombe and published by Ludwig von Mises Institute. This book was released on 1999 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Oxford Handbook of Austrian Economics by : Peter J. Boettke
Download or read book The Oxford Handbook of Austrian Economics written by Peter J. Boettke and published by . This book was released on 2015 with total page 833 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Austrian School of Economics is an intellectual tradition in economics and political economy dating back to Carl Menger in the late-19th century. Menger stressed the subjective nature of value in the individual decision calculus. Individual choices are indeed made on the margin, but the evaluations of rank ordering of ends sought in the act of choice are subjective to individual chooser. For Menger, the economic calculus was about scarce means being deployed to pursue an individual's highest valued ends. The act of choice is guided by subjective assessments of the individual, and is open ended as the individual is constantly discovering what ends to pursue, and learning the most effective way to use the means available to satisfy those ends. This school of economic thinking spread outside of Austria to the rest of Europe and the United States in the early-20th century and continued to develop and gain followers, establishing itself as a major stream of heterodox economics. The Oxford Handbook of Austrian Economics provides an overview of this school and its theories. The various contributions discussed in this book all reflect a tension between the Austrian School's orthodox argumentative structure (rational choice and invisible hand) and its addressing of a heterodox problem situations (uncertainty, differential knowledge, ceaseless change). The Austrian economists from the founders to today seek to derive the invisible hand theorem from the rational choice postulate via institutional analysis in a persistent and consistent manner. Scholars and students working in the field of History of Economic Thought, those following heterodox approaches, and those both familiar with the Austrian School or looking to learn more will find much to learn in this comprehensive volume.
Book Synopsis Origins of Money, The by : Carl Menger
Download or read book Origins of Money, The written by Carl Menger and published by Ludwig von Mises Institute. This book was released on 2009 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Marginal Revolutionaries by : Janek Wasserman
Download or read book The Marginal Revolutionaries written by Janek Wasserman and published by Yale University Press. This book was released on 2019-09-24 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: A group history of the Austrian School of Economics, from the coffeehouses of imperial Vienna to the modern-day Tea Party The Austrian School of Economics--a movement that has had a vast impact on economics, politics, and society, especially among the American right--is poorly understood by supporters and detractors alike. Defining themselves in opposition to the mainstream, economists such as Ludwig von Mises, Friedrich Hayek, and Joseph Schumpeter built the School's international reputation with their work on business cycles and monetary theory. Their focus on individualism--and deep antipathy toward socialism--ultimately won them a devoted audience among the upper echelons of business and government. In this collective biography, Janek Wasserman brings these figures to life, showing that in order to make sense of the Austrians and their continued influence, one must understand the backdrop against which their philosophy was formed--notably, the collapse of the Austro-Hungarian Empire and a half-century of war and exile.
Book Synopsis Carl Menger and His Legacy in Economics by : Bruce Caldwell
Download or read book Carl Menger and His Legacy in Economics written by Bruce Caldwell and published by Duke University Press. This book was released on 1990 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers from a conference held on 15-17 April, 1989, to commemorate the acquistion by the Duke University of the papers of Carl Menger.
Book Synopsis The Philosophical Origins of Austrian Economics by : David Gordon
Download or read book The Philosophical Origins of Austrian Economics written by David Gordon and published by Ludwig von Mises Institute. This book was released on 1993 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Austrian Economics in America by : Karen I. Vaughn
Download or read book Austrian Economics in America written by Karen I. Vaughn and published by Cambridge University Press. This book was released on 1998-01-28 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the development of the ideas of the new Austrian school from its beginnings in Vienna in the 1870s to the present. It focuses primarily on showing how the coherent theme that emerges from the thought of Carl Menger, Ludwig von Mises, Friedrich Hayek, Ludwig Lachmann, Israel Kirzner and a variety of new younger Austrians is an examination of the implications of time and ignorance (or processes and knowledge) for economic theory.
Book Synopsis The Historical Setting of the Austrian School of Economics by : Ludwig Mises
Download or read book The Historical Setting of the Austrian School of Economics written by Ludwig Mises and published by Ludwig von Mises Institute. This book was released on 2007 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Great Austrian Economists by : Holcombe Randall G
Download or read book The Great Austrian Economists written by Holcombe Randall G and published by Legare Street Press. This book was released on 2022-10-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Book Synopsis Austrian Economics, Money and Finance by : Thomas Mayer
Download or read book Austrian Economics, Money and Finance written by Thomas Mayer and published by Routledge. This book was released on 2017-11-10 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial crisis has exposed severe shortcomings in mainstream monetary economics and modern finance. It is surprising that these shortcomings have not led to a wider debate about the need to overhaul these theories. Instead, mainstream economists have closed ranks to defend existing theories and public authorities have expanded their interference in markets. This book investigates the problems associated with mainstream monetary economics and finance, and proposes alternatives based on the Austrian school of economics. This school emanated from the work of the nineteenth-century Austrian economist Carl Menger and was developed further by Eugen von Böhm-Bawerk, Ludwig von Mises, and Friedrich August von Hayek. In monetary economics, the Austrian school regards the creation of money by banks through credit extension as a key source of economic instability. From this follows the need for a comprehensive reform of our present monetary system. In a new monetary order, money could be issued by both public and private institutions, and there would be no need for fractional reserve banking. Instead of creating money, banks would intermediate it. In finance, the Austrian school rejects the notion of rational expectations and measurable risk. Individuals use their subjective knowledge to gather and evaluate information, and they act in a world of radical uncertainty. Hence, markets are not "efficient" nor can portfolios be built on the basis of known probability distributions of asset prices as described in the modern finance literature. This book explores the need for a new theoretical foundation for asset pricing and investment management that will give practitioners more useful orientation.
Book Synopsis Criticisms of Classical Political Economy by : Gilles Campagnolo
Download or read book Criticisms of Classical Political Economy written by Gilles Campagnolo and published by Routledge. This book was released on 2012-08-06 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of the German Historical School and of Carl Menger (founder of the Austrian School) is appraised in this new book. This important period of the history of economics is vital to understand how the discipline developed over the next half-century. Gilles Campagnolo has produced an impressive original work which makes use of rarely seen research by Carl Menger and as such this book will be of interest across several discplines, including history of economic thought, economic methodology, philosophy of science and the history of ideas.
Book Synopsis Austrian Economics: Tensions and New Directions by : Bruce J. Caldwell
Download or read book Austrian Economics: Tensions and New Directions written by Bruce J. Caldwell and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: When we first invited the group of distinguished scholars represented here to contribute to a new volume on Austrian economics, four themes were stressed: tensions, new directions, selectivity, and criticism. In this brief introduction we will explain why those themes were emphasized and thereby shed light on our intentions and aspirations for the volume. The subtitle "Tensions and New Directions" indicates clearly the intent of the volume desired. If we take the 1871 publication of Carl Menger's Principles of Economics (Grundsiitze der Volkswirthschaftslehre) as mark ing its birth, the Austrian tradition is now well over one hundred years old. The origins of the so-called "Austrian Revival" are more difficult to pinpoint precisely, but many would accept two decades as a reasonable estimate of its lifespan. In any case, since the mid-1970s several collections of articles written by Austrians have been published. The intent of these collections appeared to be to educate, persuade, and inspire various audiences. Uninformed readers needed to be told about the specifics of the Austrian position, to be shown how it differed from and improved upon its rivals. The initiated needed to be reassured that their commitment to a novel program was justified. As such, much of the recent Austrian literature has consisted either of exegetical accounts of the views of past figures, or of critical assessments of the positions of alternative research programs in economics from an Austrian perspective.
Book Synopsis The Viennese Students of Civilization by : Erwin Dekker
Download or read book The Viennese Students of Civilization written by Erwin Dekker and published by Cambridge University Press. This book was released on 2016-02-19 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fresh look at Austrian economists and the dynamic intellectual and political context in which they lived and worked.
