Economics Of Time And Ignorance, The / Edition 2

Economics Of Time And Ignorance, The / Edition 2

by Gerald P O'Driscoll Jnr, Mario J Rizzo, Roger W. Garrison
     
 

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

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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.

Product Details

ISBN-13:
9780415121200
Publisher:
Taylor & Francis
Publication date:
04/18/1996
Series:
Routledge Foundations of the Market Economy Series
Edition description:
Revised
Pages:
300
Product dimensions:
6.14(w) x 9.21(h) x 0.63(d)

Table of Contents

Acknowledgements
Introduction: Time and Ignorance After Ten Years
1An Overview of Subjectivist Economics1
2Static versus Dynamic Subjectivism17
3Knowledge and Decisions35
4The Dynamic Conception of Time52
5Uncertainty in Equilibrium71
6Competition and Discovery95
7The Political Economy of Competition and Monopoly130
8A Subjectivist Theory of a Capital-using Economy160
9The Microanalytics of Money188
10Some Unresolved Problems229
Bibliography237
Index254

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