Reflections on Ethics, Freedom, Welfare Economics, Policy, and the Legacy of Austrian Economics

Reflections on Ethics, Freedom, Welfare Economics, Policy, and the Legacy of Austrian Economics PDF Author: Israel M. Kirzner
Publisher: Collected Works of Israel M. K
ISBN: 9780865978683
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
"Essays examining the science behind markets in order to make ethical judgments. A clear understanding of fundamental concepts of economic science, such as profit, interest, and entrepreneurship, makes possible true statements about welfare economics, the morality of market transactions, and policy issues. From the impact of governmental regulation to the role of institutions in sustaining prosperity, this work shows that the free market is a necessary element in maintaining social harmony and bringing stability to the world"--

Reflections on Ethics, Freedom, Welfare Economics, Policy, and the Legacy of Austrian Economics

Reflections on Ethics, Freedom, Welfare Economics, Policy, and the Legacy of Austrian Economics PDF Author: Israel M. Kirzner
Publisher: Collected Works of Israel M. K
ISBN: 9780865978683
Category : Business & Economics
Languages : en
Pages : 0

Get Book Here

Book Description
"Essays examining the science behind markets in order to make ethical judgments. A clear understanding of fundamental concepts of economic science, such as profit, interest, and entrepreneurship, makes possible true statements about welfare economics, the morality of market transactions, and policy issues. From the impact of governmental regulation to the role of institutions in sustaining prosperity, this work shows that the free market is a necessary element in maintaining social harmony and bringing stability to the world"--

Research in the History of Economic Thought and Methodology

Research in the History of Economic Thought and Methodology PDF Author: Luca Fiorito
Publisher: Emerald Group Publishing
ISBN: 1800711409
Category : Business & Economics
Languages : en
Pages : 264

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Book Description
Volume 39A features a selection of essays presented at the 2019 Conference of the Latin American Society for the History of Economic Thought, edited by Felipe Almeida and Carlos Eduardo Suprinyak, as well as a new general-research essay by Daniel Kuehn, an archival discovery by Katia Caldari and Luca Fiorito, and a book review by John Hall.

Understanding Ludwig Lachmann's Economics

Understanding Ludwig Lachmann's Economics PDF Author: Solomon M. Stein
Publisher: Cambridge University Press
ISBN: 1009099558
Category : Business & Economics
Languages : en
Pages : 97

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Book Description
Ludwig Lachmann is a central but underappreciated figure within the Austrian school of economics. Although his understanding of institutions, his appreciation of the heterogeneity of capital, his emphasis on subjectivity, and his focus on the dynamism and uncertainty of the real world have become dominant positions amongst Austrian economists, he is still viewed as something of an outsider. As such, the contributions of Lachmann's economics are arguably misunderstood. This Element attempts to tease out and discuss the critical contributions of Lachmann's economics. Arguably, one way in which to understand Lachmann's economics is by seeing it as unified in considering, in various ways, a single conceptual 'problem' – the apparent tension between the dynamic nature of social reality and the intelligible nature of the social world. Approaching Lachmann with this theme in mind allows us to put things together more coherently than other exegetical strategies.

Contractual Relations

Contractual Relations PDF Author: David Campbell
Publisher: Oxford University Press
ISBN: 0192597353
Category : Law
Languages : en
Pages : 465

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Book Description
Written by one of the leading contributors to the relational theory of contract, Contractual Relations authoritatively explains the form of the existing law of contract by relating it to its economic, legal, and sociological foundations. This volume demonstrates that economic exchange and legal contract rest on a moral relationship by which each party legitimately pursues its self-interest through recognition of the self-interest of the author. This essential relationship of mutual recognition is in stark contrast to the pursuit of solipsistic self-interest that is central to the classical law of contract. Self-interest of this sort is not morally defensible, nor does it enhance economic welfare. It is for these reasons that the classical law is legally incoherent. The fundamental inadequacies of the classical law's treatment of agreement, consideration, and remedy have emerged as the doctrines of the positive law of contract have been progressively developed to give effect to the relationship of mutual recognition. The welfarist criticism of the classical law has, however, failed to develop a workable concept of self-interest, and so is at odds with what must be retained from the classical law's facilitation of economic exchange and the market economy. The relational law of contract restates self-interest in a morally, economically, and legally attractive manner as the foundation of the social market economy of liberal socialism. Contractual Relations is a fundamental critique of the classical law of contract and the welfarist response to the classical law, and an important statement of the relational theory of contract. This is a thoughtful and essential work for academics and research students in law, economics, and sociology.

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


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


Market Theory and the Price System

Market Theory and the Price System PDF Author: Israel Mayer Kirzner
Publisher: Ludwig von Mises Institute
ISBN: 1610160290
Category :
Languages : en
Pages : 340

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Book Description
Israel Kirzner's outstanding book on price theory is back in print. It is been very difficult to obtain it for decades, even though it is surely the best textbook on Austrian price theory ever written. The prose is crystal clear and the organization exceptional. He takes the reader through the foundations of individual action, exchange, utility, demand and supply, production, and the market process itself. Had it been in print, it would have schooled generations in Austrian price theory, and it is surely useful in the classroom today, or for general reading. Not a collection of essays, it is an integrated presentation from top to bottom, written early in Kirzner's post-doctoral career.

Classical Liberalism and the Austrian School

Classical Liberalism and the Austrian School PDF Author: Ralph Raico
Publisher: Ludwig von Mises Institute
ISBN: 1610165543
Category : Austrian school of economics
Languages : en
Pages : 376

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Book Description


Economic Point of View

Economic Point of View PDF Author: Israel M. Kirzner
Publisher: Ludwig von Mises Institute
ISBN: 161016282X
Category : Economics
Languages : en
Pages : 252

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Book Description


The Constitution of Liberty

The Constitution of Liberty PDF Author: F.A. Hayek
Publisher: Routledge
ISBN: 0429637977
Category : Business & Economics
Languages : en
Pages : 588

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Book Description
Originally published in 1960, The Constitution of Liberty delineates and defends the principles of a free society and traces the origin, rise, and decline of the rule of law. Casting a skeptical eye on the growth of the welfare state, Hayek examines the challenges to freedom posed by an ever expanding government as well as its corrosive effect on the creation, preservation, and utilization of knowledge. In distinction to those who confidently call for the state to play a greater role in society, Hayek puts forward a nuanced argument for prudence. Guided by this quality, he elegantly demonstrates that a free market system in a democratic polity—under the rule of law and with strong constitutional protections of individual rights—represents the best chance for the continuing existence of liberty. Striking a balance between skepticism and hope, Hayek’s profound insights remain strikingly vital half a century on. This definitive edition of The Constitution of Liberty will give a new generation the opportunity to learn from Hayek’s enduring wisdom.