Austrian Economics: Tensions and New Directions / Edition 1

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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.

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Product Details

  • ISBN-13: 9780792392620
  • Publisher: Springer Netherlands
  • Publication date: 7/31/1993
  • Series: Recent Economic Thought Series, #30
  • Edition description: 1992
  • Edition number: 1
  • Pages: 283
  • Product dimensions: 9.21 (w) x 6.14 (h) x 0.69 (d)

Meet the Author

Rudolf Boehm (Berlin 1927) schrieb u.a. Das Grundlegende und das Wesentliche (1965, auch auf französisch), eine Kritik der Grundlagen des Zeitalters (1974, auch auf niederländisch und auf französisch) und eine Tragik (2001).

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Table of Contents

1 Austrian Economics Between the Wars: Some Historiographical Problems.- 2 The Market as an Isolated Causal Process: A Metaphysical Ground for Realism.- 3 Kirzner’s Theory of Entrepreneurship—A Critique Martin Ricketts.- 4 Subjectivism, Explanation and the Austrian Tradition.- 5 Market Co-ordination.- 6 Orders and Organizations: Toward an Austrian Theory of Social Institutions.- 7 On the Possibility of Austrian Welfare Economics.- 8 Turning Austrian Economics into an Evolutionary Theory.- 9 Afterword: Austrian Economics for the Twenty-First Century.- 10 Afterword: Appraising Austrian Economics: Contentions and Misdirections.

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