An Introduction to Austrian Economics

An Introduction to Austrian Economics
Author: Thomas C. Taylor
Publisher: Ludwig von Mises Institute
Total Pages: 100
Release: 1980
Genre: Austrian school of economics
ISBN: 1610164245

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Austrian Economics

Austrian Economics
Author: Steven Horwitz
Publisher: Cato Institute
Total Pages: 167
Release: 2020-07-14
Genre: Business & Economics
ISBN: 1948647966

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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.

Economics for Real People

Economics for Real People
Author: Gene Callahan
Publisher: Ludwig von Mises Institute
Total Pages: 354
Release: 2002
Genre: Austrian school of economics
ISBN: 1610164679

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Advanced Introduction to the Austrian School of Economics

Advanced Introduction to the Austrian School of Economics
Author: Randall G. Holcombe
Publisher: Edward Elgar Publishing
Total Pages: 160
Release: 2020-07-31
Genre: Business & Economics
ISBN: 1789909643

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Presenting a concise overview of the post-war decline in popularity of the Austrian school of economics and its subsequent revival in the late twentieth century, this updated second edition offers a theoretical and historical introduction to the ideas of the Austrian school and its intellectually distinguishing qualities. This Advanced Introduction considers the field’s key originators and proponents and reflects on the acceleration in interest in the last two decades.

Austrian Economics Re-examined

Austrian Economics Re-examined
Author: Gerald P O'Driscoll Jr
Publisher: Routledge
Total Pages: 469
Release: 2014-12-05
Genre: Business & Economics
ISBN: 1317691350

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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.

The Alternative Austrian Economics

The Alternative Austrian Economics
Author: John E. King
Publisher: Edward Elgar Publishing
Total Pages: 299
Release: 2019-12-27
Genre: Business & Economics
ISBN: 1788971515

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For most economists, ‘Austrian economics’ refers to a distinct school of thought, originating with Mises and Hayek and characterised by a strong commitment to free-market liberalism. This innovative book explores an alternative Austrian tradition in economics. Demonstrating how the debate on the economics of socialism began in Austria long before the 1930s, it analyses the work and impact of many leading Austrian economists through a century of Austrian socialist economics.

Great Austrian Economists, The

Great Austrian Economists, The
Author: Randall G. Holcombe
Publisher: Ludwig von Mises Institute
Total Pages: 273
Release: 1999
Genre: Austrian school of economics
ISBN: 1610164393

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The Oxford Handbook of Austrian Economics

The Oxford Handbook of Austrian Economics
Author: Peter J. Boettke
Publisher:
Total Pages: 833
Release: 2015
Genre: Business & Economics
ISBN: 0199811768

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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.

Austrian Economics in Debate

Austrian Economics in Debate
Author: Willem Keizer
Publisher: Psychology Press
Total Pages: 306
Release: 1997
Genre: Austrian school of economics
ISBN: 9780415140546

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This volume demonstrates how the Austrian challenge, and the debates it inspires, can continue to benefit contemporary developments in micro- and macroeconomic theory, and can offer insights into other schools of thought.