Evolution of the Market Process: Austrian and Swedish Economics / Edition 1

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"Topics covered in this volume include market process theory, technological change and capital theory. With contributions from a wide variety of scholars including Axel Leijonhufvud, Harald Hagemann and Lars Magnusson, Evolution of the Market Process provides an important contribution to an intriguing debate." Academics and students with an interest in these two schools of thought will find this book to be a valuable asset, while those with an interest in economics generally will also see this as an important addition to their reading lists.
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Table of Contents

1 The metamorphoses of neoclassical economics 3
2 Swedish influences, Austrian advances : the contributions of the Swedish and Austrian schools to market process theory 20
3 How did the great Swedish economists consider their role in public debate? The views of Knut Wicksell, Gustav Cassel, Eli Heckscher, Bertil Ohlin and Gunnar Myrdal 35
4 Gunnar Myrdal and the Stockholm School 57
5 Wicksell on technical change, real wages and employment 69
6 The loose link : Hayek, Lindahl and Myrdal on money 94
7 Capital and business cycles : when Lundberg meets Hayek and Keynes 114
8 Monetary regimes and international co-ordination : what Hayek said and what Wicksell would have said about them 135
9 Austrian production processes and firms 155
10 The 'Wicksell connection' and the Austrian theory of capital : which connection? 170
11 To what extent is the Austrian theory of capital Austrian? Bohm-Bawerk and Hicks reconsidered 197
12 Hayek and Lindahl on disequilibrium dynamics 213
13 Lundberg and Lachmann on expectations 230
14 Have the Swedish and the Austrian schools influenced the French school? 253
15 Hayek's and Myrdal's stance on economic planning 271
16 Hayek with Descartes and Durkheim : reason and the individual 306
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