Economics Of Time And Ignorance, The / Edition 2

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Overview

The Economics of Time and Ignorance is one of the seminal works in modern Austrian economics. Its treatment of historical time and of uncertainty helped set the agenda for the remarkable revival of work in the Austrian tradition which has led to an ever wider interest in the once heretical ideas of Austrian economics. It is here reprinted with a substantial new introductory essay, outlining the major developments in the area since its original publication a decade ago.

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Editorial Reviews

Booknews
A comprehensive overview of cognitive processes in animals focusing on experimental research with a diverse range of animals including bees, dogs, dolphins, mice, monkeys and Japanese macaques. Vauclair (Research Director, Laboratory for Cognitive Neuroscience, National Center for Scientific Research, France) presents novel discussions of animal cognitive development using Piagetian concepts, and reviews specific types of cognition exhibited in studies observing tool use and spatial representations, social relations and behaviors, communication, language, imitations, and self-recognition in animals. Throughout, the author argues that researchers should be less concerned with evolutionary or ecological explanations for cognition differences between species, and more concerned with the work required to increase general understanding. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

Table of Contents

Acknowledgements
Introduction: Time and Ignorance After Ten Years
1 An Overview of Subjectivist Economics 1
2 Static versus Dynamic Subjectivism 17
3 Knowledge and Decisions 35
4 The Dynamic Conception of Time 52
5 Uncertainty in Equilibrium 71
6 Competition and Discovery 95
7 The Political Economy of Competition and Monopoly 130
8 A Subjectivist Theory of a Capital-using Economy 160
9 The Microanalytics of Money 188
10 Some Unresolved Problems 229
Bibliography 237
Index 254
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