Evolution of Austrian Economics
From Menger to Lachmann
1st Edition
Published on 8. April 2014
Book
Paperback/Softback
200 pages
978-1-138-00725-3 (ISBN)
Description
This book argues, against the dominant orthodoxy in the history of economic thought, for the originality of Carl Menger's contribution to the development of the Austrian school of economics. Situating the evolution of Menger's thought in the tradition of classical political economy, the author documents the emergence of a Mengerian logic and its contribution to the formation of a distinctly Austrian tradition of economics.
In its bold elucidation of the shaping of a tradition in economic thought, Tradition and Innovation in Austrian Economics provides a fresh and challenging perspective on the Austrian school which will be of interest to researchers in Austrian economics and the history of economic thought.
In its bold elucidation of the shaping of a tradition in economic thought, Tradition and Innovation in Austrian Economics provides a fresh and challenging perspective on the Austrian school which will be of interest to researchers in Austrian economics and the history of economic thought.
Reviews / Votes
'The undogmatic approach of the author allows a unique judgement of the merits of current and past research in Austrian theory.' - Frank P. Maier-Rigaud - The Review of Austrian Economics [14:1, 97-99, 2001]More details
Series
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Dimensions
Height: 234 mm
Width: 156 mm
Weight
294 gr
ISBN-13
978-1-138-00725-3 (9781138007253)
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Schweitzer Classification
Other editions
Additional editions
E-Book
01/2002
Routledge
€72.49
Available for download
E-Book
01/2002
Routledge
€72.49
Available for download
Book
01/1999
1st Edition
Routledge
€206.10
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Content
Introduction, Part 1: The Originality and Foundations of Menger's Logic, 1. A Particular Interpretation of Menger, 2. Confrontation with an A Posteriori Definition of Marginalism, Part 2: The Progressive Neglect of Menger's Originality, 3. Bohm-Bawerk's 'greatest error', 4. From Imputation to the Proof of Existence of General Equilibrium, 5. The 'Austrian' Theory of Cycles, Part 3: Menger's Legacy, 6. Reappearance of the Mengerian Essence, 7. The Limits of Austrian Praxeology: Rothbard's Line of Thought, 8. The Theory of Entrepreneurship: Kirner's Line of Thought, 9. The Extension of Subjectivism to Expectations: Lachman's Line of Thought, Part 4: Which Way Forward?, 10. Beyond Theoretical Nihilism, 11. Scope and Limits of the Austrian Analyses of Institutions, Conclusion. A Plea for an Opening up to Institutionalist Logic, Notes, Bibliography