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The Philosophy Of The Austrian School
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Book Synopsis The Philosophy of the Austrian School by : Raimondo Cubeddu
Download or read book The Philosophy of the Austrian School written by Raimondo Cubeddu and published by Routledge. This book was released on 2005-08-18 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Austrian School has made some of the most significant contributions to the social sciences in recent times but attempts to understand it have remained locked in a polemical frame. In contrast, The Philosphy of the Austrian School presents a philosophically grounded account of the School's methodological, political and economic ideas. Whilst acknowledging important differences between the key figures in the School - Menger, Mises, and Hayek - Raimondo Cubeddu finds that they also have significant things in common. Paramount amongst these are theories of subjective value and notions of spontaneous order, both of which rest on theories of seminal avenues of research in the social sciences and a major reformulation of liberal ideology.
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 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 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 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 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 Economics for Real People by : Gene Callahan
Download or read book Economics for Real People written by Gene Callahan and published by Ludwig von Mises Institute. This book was released on 2002 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An Austrian Perspective on the History of Economic Thought by : Murray Newton Rothbard
Download or read book An Austrian Perspective on the History of Economic Thought written by Murray Newton Rothbard and published by Ludwig von Mises Institute. This book was released on with total page 1120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Austrian Economics (Routledge Revivals) by :
Download or read book Austrian Economics (Routledge Revivals) written by and published by Routledge. This book was released on with total page 196 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 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 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 Austro-Libertarian Point of View by : Alan G. Futerman
Download or read book The Austro-Libertarian Point of View written by Alan G. Futerman and published by Springer Nature. This book was released on 2021-11-01 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers several areas of economic theory and political philosophy from the perspective of Austrian Economics and libertarianism. As such, it deals with Epistemology and Methodology, Microeconomics, Macroeconomics, Labor Economics, International Economics, Political Philosophy, Law and Public Policy, all from the Austro-libertarian perspective. Hence, this book offers an integrated view of libertarianism and Austrian economics in the light of recent debates in the areas of economic science and political philosophy. Moreover, it builds from the foundations of the Austrian approach (epistemology and methodology), while the latter material deals with its application to the individual from the microeconomic perspective, which in turn allows an exploration of subjects in macroeconomics. Additionally, this work applies Austro-libertarianism to law, politics, and public policy. Thus, it offers a unified view of the entire approach, in a logical progression, allowing the readers to judge this perspective in full. Futerman and Block say that their book is not a manual, which I suppose it is not. But it is a collection of highly pertinent essays, from which you can understand what is mistaken in the orthodoxy of economics, law, and politics. The central term of art in Austrian economics is that phrase “human action.” It is the exercise of human will, not the blind bumping of one molecule against another or one organism against another, as in the physical sciences... Futerman and Block distinguish Austrian economics as a scientific enterprise based on liberty of the will from “libertarianism” as an advocacy based on policies implied by such liberty. “Although Austrian economics is positive and libertarianism is normative,” they write, “this book shows how both are related; how each can support the other.” Indeed they do. Deirdre N. McCloskey, PhD UIC Distinguished Professor of Economics and of History Emerita, Professor of English Emerita, Professor of Communication Emerita, University of Illinois at Chicago
Book Synopsis Classical Liberalism and the Austrian School by : Ralph Raico
Download or read book Classical Liberalism and the Austrian School written by Ralph Raico and published by Ludwig von Mises Institute. This book was released on 2012 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Human Action written by Ludwig Von Mises and published by . This book was released on 2021-10-08 with total page 908 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2021 Hardcover Reprint of the 1949 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. "Human Action: A Treatise on Economics" is the first comprehensive treatise on economics written by a leading member of the modern Austrian school of economics. Von Mises' contribution was very simple, yet at the same time extremely profound: he pointed out that the whole economy is the result of what individuals do. Individuals act, choose, cooperate, compete, and trade with one another. In this way Mises explained how complex market phenomena develop. Mises did not simply describe economic phenomena - prices, wages, interest rates, money, monopoly and even the trade cycle - he explained them as the outcomes of countless conscious, purposeful actions, choices, and preferences of individuals, each of whom was trying as best as he or she could under the circumstances to attain various wants and ends and to avoid undesired consequences. Hence the title Mises chose for his economic treatise, "Human Action."
Book Synopsis Austrian Economics Re-examined by : Gerald P O'Driscoll Jr
Download or read book Austrian Economics Re-examined written by Gerald P O'Driscoll Jr and published by Routledge. This book was released on 2014-12-05 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: Austrian Economics Re-examined: The Economics of Time and Ignorance is an expanded version of the 1996 edition of The Economics of Time and Ignorance. This work is a classic statement of the role of subjectivism, radical uncertainty and change through real time in Austrian economics specifically, and in modern economics more generally. The new book contains the full text and Introductions of the earlier edition as well as the comprehensive previously-unpublished essay "What is Austrian Economics?" and a new Introduction. The essay is a comprehensive overview of the central themes of the book from a somewhat different perspective than in the book itself. It supplements the analysis in the book. The new Introduction explains that the 2007-8 financial crisis and recent developments in behavioural economics have made the book more relevant than ever before. Austrian Economic Re-examined develops and systematizes the fundamental principles of the Austrian tradition to the analysis of rational expectations, business cycles, monetary theory competition and monopoly, and capital theory. The Open Access version of this book, available at https://www.taylorfrancis.com/books/oa-edit/10.4324/9781315776736, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.
Book Synopsis Handbook on Contemporary Austrian Economics by : Peter J. Boettke
Download or read book Handbook on Contemporary Austrian Economics written by Peter J. Boettke and published by Edward Elgar Pub. This book was released on 2010 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook looks through the lens of the latest generation of scholars at the main propositions believed by so-called 'Austrians'. Each contributing author addresses key tenets of the school of thought, and outlines its ongoing contribution to economics and to the social sciences.
