Austrian and German Economic Thought

Austrian and German Economic Thought PDF Author: Kiichiro Yagi
Publisher: Routledge
ISBN: 1136824618
Category : Business & Economics
Languages : en
Pages : 202

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Book Description
This book intends to renovate the view of social sciences in the German-speaking world. It explores the intellectual tension in the social science in Austria and Germany in the late-nineteenth and early-twentieth centuries. It deals with how the emergence of the new school (Austrian School) changed the focus of social science in the German speaking world, and how it prepared the introduction of an evolutionary perspective in economics, politics, and sociology. Based on (mostly hitherto unknown) primary evidence, this development is lively described in a series of encounters and decisions by each social scientists.

Austrian and German Economic Thought

Austrian and German Economic Thought PDF Author: Kiichiro Yagi
Publisher: Routledge
ISBN: 1136824618
Category : Business & Economics
Languages : en
Pages : 202

Get Book Here

Book Description
This book intends to renovate the view of social sciences in the German-speaking world. It explores the intellectual tension in the social science in Austria and Germany in the late-nineteenth and early-twentieth centuries. It deals with how the emergence of the new school (Austrian School) changed the focus of social science in the German speaking world, and how it prepared the introduction of an evolutionary perspective in economics, politics, and sociology. Based on (mostly hitherto unknown) primary evidence, this development is lively described in a series of encounters and decisions by each social scientists.

Austrian and German Economic Thought

Austrian and German Economic Thought PDF Author: Kiichiro Yagi
Publisher: Routledge
ISBN: 113682460X
Category : Business & Economics
Languages : en
Pages : 227

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Book Description
This book intends to renovate the view of social sciences in the German-speaking world. It explores the intellectual tension in the social science in Austria and Germany in the late-nineteenth and early-twentieth centuries. It deals with how the emergence of the new school (Austrian School) changed the focus of social science in the German speaking world, and how it prepared the introduction of an evolutionary perspective in economics, politics, and sociology. Based on (mostly hitherto unknown) primary evidence, this development is lively described in a series of encounters and decisions by each social scientists.

Economic Thought

Economic Thought PDF Author: Heinz D. Kurz
Publisher: Columbia University Press
ISBN: 0231540752
Category : Business & Economics
Languages : en
Pages : 221

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Book Description
In this concise yet comprehensive history, Heinz D. Kurz traces the long arc of economic thought from its emergence in ancient Greece to its systematic presentation among the classical thinkers of the late eighteenth and early nineteenth centuries to the influential work of scholars such as Paul Samuelson and Kenneth J. Arrow. With a keen eye for how economic insights are acquired, lost, and reborn, Kurz focuses on the dynamic individuals who give old ideas new life and the historical events that provoke different approaches and theories. Over the course of this journey, Kurz explains what Adam Smith meant by the "invisible hand"; how Karl Marx's "law of motion" works in capitalist economies; the roots of the Austrian economists' emphasis on the problems of information, incomplete knowledge, and uncertainty; John Maynard Keynes's principle of effective demand and economic stabilization; and the insights and challenges offered by growth theory, welfare economics, game theory, and more. He concludes with a deft summation of world economists' major concerns today and their critical relation to world events.

Austrian Economics in Transition

Austrian Economics in Transition PDF Author: H. Hagemann
Publisher: Springer
ISBN: 0230281613
Category : Business & Economics
Languages : en
Pages : 345

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Book Description
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.

An Austrian Perspective on the History of Economic Thought

An Austrian Perspective on the History of Economic Thought PDF Author: Murray Newton Rothbard
Publisher: Ludwig von Mises Institute
ISBN: 1610164776
Category : Austrian school of economics
Languages : en
Pages : 1120

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Book Description


Austrian School of Economics: A History of Its Ideas, Ambassadors, and Institutions

Austrian School of Economics: A History of Its Ideas, Ambassadors, and Institutions PDF Author:
Publisher: Ludwig von Mises Institute
ISBN: 1610164989
Category :
Languages : en
Pages : 262

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Book Description


The Marginal Revolutionaries

The Marginal Revolutionaries PDF Author: Janek Wasserman
Publisher: Yale University Press
ISBN: 0300228228
Category : Business & Economics
Languages : en
Pages : 367

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Book Description
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.

Austrian Economics and the Political Economy of Freedom

Austrian Economics and the Political Economy of Freedom PDF Author: Richard M. Ebeling
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
He shows the continuities between the positive contributions of the classical economists and the Austrian's in contrast to the neoclassical conceptions of man, the market economy and theory-formation for policy applications. Particular emphasis is given to the Austrian view of the human actor as creative innovator and planner who changes his world to improve his circumstances in comparison to the neoclassical idea of man as a passive economizer within given constraints. The Austrian approach is applied to the problems of the regulated economy, socialist central planning, the welfare state, monetary policy, international trade, and the hundred-year conflict between classical liberalism and collectivism.

An Introduction to the Theory of Value on the Lines of Menger, Wieser, and Böhm-Bawerk

An Introduction to the Theory of Value on the Lines of Menger, Wieser, and Böhm-Bawerk PDF Author: William Smart
Publisher:
ISBN:
Category : Value
Languages : en
Pages : 148

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Book Description


The Oxford Handbook of Austrian Economics

The Oxford Handbook of Austrian Economics PDF Author: Peter J. Boettke
Publisher:
ISBN: 0199811768
Category : Business & Economics
Languages : en
Pages : 833

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Book Description
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.