The Austrian School and the Theory of Value
Author : Friedrich Wieser
Publisher : Library of Alexandria
Page : 25 pages
File Size : 41,66 MB
Release : 2020-09-28
Category : Fiction
ISBN : 1465583319
Author : Friedrich Wieser
Publisher : Library of Alexandria
Page : 25 pages
File Size : 41,66 MB
Release : 2020-09-28
Category : Fiction
ISBN : 1465583319
Author : William Smart
Publisher :
Page : 148 pages
File Size : 35,92 MB
Release : 1891
Category : Value
ISBN :
Author : Steven Horwitz
Publisher : Cato Institute
Page : 167 pages
File Size : 40,23 MB
Release : 2020-07-14
Category : Business & Economics
ISBN : 1948647966
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.
Author :
Publisher : Ludwig von Mises Institute
Page : 262 pages
File Size : 47,68 MB
Release :
Category :
ISBN : 1610164989
Author : Murray Newton Rothbard
Publisher : Ludwig von Mises Institute
Page : 1120 pages
File Size : 15,33 MB
Release :
Category : Austrian school of economics
ISBN : 1610164776
Author : Institute for Humane Studies
Publisher : Mission, Kan. : Sheed & Ward
Page : 260 pages
File Size : 45,87 MB
Release : 1976
Category : Business & Economics
ISBN :
Proceedings of a conference sponsored by the Institute for Humane Studies and held at Royalton College, South Royalton, Vt., in June 1974. Includes index. Bibliography: p. 224-227.
Author : Peter J. Boettke
Publisher :
Page : 833 pages
File Size : 32,7 MB
Release : 2015
Category : Business & Economics
ISBN : 0199811768
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.
Author : Janek Wasserman
Publisher : Yale University Press
Page : 367 pages
File Size : 39,81 MB
Release : 2019-09-24
Category : Business & Economics
ISBN : 0300228228
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.
Author : Gene Callahan
Publisher : Ludwig von Mises Institute
Page : 354 pages
File Size : 13,94 MB
Release : 2002
Category : Austrian school of economics
ISBN : 1610164679
Author : Ludwig Von Mises
Publisher : Ludwig von Mises Institute
Page : 507 pages
File Size : 25,47 MB
Release : 1953
Category : Credit
ISBN : 1610163222