Suchergebnisse

'The Oxford Handbook of Austrian Economics' provides an overview of the main methodological, analytical, and practical implications of the Austrian school of economics. This intellectual tradition in economics and political economy has a long history that dates back to Carl Menger in the late nineteenth century. The various contributions discussed in this book all reflect this 'tension' of an orthodox argumentative structure (rational choice and invisible hand) to address heterodox problem situations (uncertainty, differential knowledge, ceaseless change).

This volume considers what the future might hold for the Austrian tradition of economics. This includes the areas that seem most promising for new research. Instead of criticizing other positions from the standpoint of Austrian analysis, the book turns a critical eye on the Austrian program itself -- where its weak points are, and how important they are in an overall assessment of the Austrian position. The book successfully criticizes many topics related to the Austrian school of thought. Starting with the historical and methodological issues, it examines subjectivism, market coordination, institutions, political economy and evolutionary theory. It concludes with an Afterword by Mario Rizzo and Larry White, which both appraises the contents and assesses the approaches propounded in the volume

An evaluation of environmental life cycle assessment / Frank S. Arnold -- Methods and metaphors in capital theory / Peter Lewin -- Ludwig Von Mises on inflation and expectations / Joseph T. Salerno -- The influence of Frederic Bastiat / Murray N. Rothbard -- Sciences of political lies, or governments and markets of ideas / Reuven Brenner -- The objectivity of scholarship and the ideal of the university / Don Lavoie -- A difficult distinction / Hans F. Sennholz -- Power, the organization of inquiry and the achievement of spontaneous order : a review essay / Warren J. Samuels -- The economics of friedrich hayek / Bruce Caldwell -- The reclamation of interwar monetary economics : a review essay of hayek and the keynesian avalanche by Brian J. McCormick / William N. Butos -- Discovery, transaction costs, and growth : essay on Douglass C. North's institutions, institutional change, and economic performance / Charles N. Steele -- Publications of Israel M. Kirzner / Israel M. Kirzne -- Preface / Peter J. Boettke, Mario J. Rizzo

Twenty five years ago, Austrian economics appeared to be a 'closed chapter in the history of economics.' Today Austrian ideas are flourishing as never before. That is partly due to the compelling nature of Austrian ideas. But there is a good case for arguing that the 'official rebirth' of Austrian economics dates back to a meeting in South Royalton, Vermont in June 1974.