Download or read book Is There an Intellectual Market Niche for Austrian Economics written by Peter J. Boettke and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author articulates a research agenda for the modern Austrian school.
Download or read book Assessing Austrian Economics written by Daniel J. D'Amico and published by Emerald Group Publishing. This book was released on 2019-10-28 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here, leading economists explore whether Austrian economics is still relevant today. Starting with Peter Boettke’s lead essay, “What is Wrong with Austrian Economics?”, chapters include an array of perspectives responding to this question, ranging from economics, to intellectual history, to political science, and to philosophy.
Download or read book The Market Process written by Peter J. Boettke and published by Edward Elgar Publishing. This book was released on 1994 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a series of articles by Austrian School economists. This volume covers a range of economic issues: equilibrium theory, free banking, public choice and the problems of contemporary social reform. It introduces the diversity of contemporary Austrian economics and covers recent research.
Download or read book Handbook on Contemporary Austrian Economics written by Peter J. Boettke and published by Edward Elgar Publishing. This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Austrian school of economics was founded in 1871 with the publication of Carl Menger's Principles of Economics. In his book, Menger argued that economic analysis is universally applicable and that the appropriate unit of analysis is man and his choices. These choices, he wrote, are determined by individual subjective preferences and the margin on which decisions are made. The logic of choice, he believed, is the essential building block to the development of a universally valid economic theory. The home of the field moved first to Britain and then on to the US, and at present a diverse mix of intellectual traditions in economic science is obvious in contemporary Austrian school economists. While one could argue that a unique Austrian school of economics operates within the economic profession today, one could also sensibly argue that the label 'Austrian' no longer possesses any substantive meaning. This Handbook looks through the lens of the latest generation of scholars at the main propositions believed by so-called 'Austrians'. Each contributing author addresses key tenets of the school of thought, and outlines its ongoing contribution to economics and to the social sciences. Contributors: S.A. Beaulier, P.J. Boettke, C.J. Coyne, A.J. Evans, P.T. Leeson, S.C. Miller, B. Powell, F. Sautet, V.H. Storr, E.P. Stringham, J.R. Subrick
Download or read book The Oxford Handbook of Austrian Economics written by Peter J. Boettke and published by Oxford University Press. This book was released on 2015-09-01 with total page 833 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Austrian School of Economics is an intellectual tradition in economics and political economy dating back to Carl Menger in the late-19th century. Menger stressed the subjective nature of value in the individual decision calculus. Individual choices are indeed made on the margin, but the evaluations of rank ordering of ends sought in the act of choice are subjective to individual chooser. For Menger, the economic calculus was about scarce means being deployed to pursue an individual's highest valued ends. The act of choice is guided by subjective assessments of the individual, and is open ended as the individual is constantly discovering what ends to pursue, and learning the most effective way to use the means available to satisfy those ends. This school of economic thinking spread outside of Austria to the rest of Europe and the United States in the early-20th century and continued to develop and gain followers, establishing itself as a major stream of heterodox economics. The Oxford Handbook of Austrian Economics provides an overview of this school and its theories. The various contributions discussed in this book all reflect a tension between the Austrian School's orthodox argumentative structure (rational choice and invisible hand) and its addressing of a heterodox problem situations (uncertainty, differential knowledge, ceaseless change). The Austrian economists from the founders to today seek to derive the invisible hand theorem from the rational choice postulate via institutional analysis in a persistent and consistent manner. Scholars and students working in the field of History of Economic Thought, those following heterodox approaches, and those both familiar with the Austrian School or looking to learn more will find much to learn in this comprehensive volume.
Download or read book The Viennese Students of Civilization written by Erwin Dekker and published by Cambridge University Press. This book was released on 2016-02-19 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fresh look at Austrian economists and the dynamic intellectual and political context in which they lived and worked.
Download or read book The Blackwell Dictionary of Modern Social Thought written by William Outhwaite and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 858 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern social thought ranges widely from the social sciences to philosophy, political theories and doctrines, cultural ideas and movements, and the influence of the natural sciences. Provides an authoritative overview of the main themes of social thought. Long essays and entries give full coverage to each topic. Covers major currents of thought, philosophical and cultural trends, and the individual social sciences from anthropology to welfare economics. New edition updates about 200 entries and includes new entries, suggestions for further reading, and a bibliography of all sources cited within the text.
Download or read book The Church and the Market written by Thomas E. Woods and published by Lexington Books. This book was released on 2015-01-15 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Church and the Market is a vigorous and lively defense of the market economy and a withering attack on all forms of state intervention. It covers labor unions, monopoly, money and banking, business cycles, interest, usury, and much more. Although it makes a particular point of noting the moral arguments of the market economy and that Catholics are of course perfectly at liberty to support it, its audience is much broader than Catholics alone. Readers of all religious traditions and none at all have praised The Church and the Market, first-place winner in the 2006 Templeton Enterprise Awards, as one of the most compelling and persuasive defenses of capitalism against its critics ever written.
Download or read book Austrian Economics written by Eamonn Butler and published by . This book was released on 2020 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Money Trade and Competition written by Herbert Giersch and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: On June 1, 1990, Egon Sohmen would have reached the age of 60 had he not suffered from a fatal illness. It demanded his death at the early age of 46. If he were still with us, he would playa prominent role in the current debate on monetary arrangements and on allocation theory, perhaps in cluding environmental issues and urban economics. His contributions are well remembered by his colleagues and friends, by his former students, and by many in the economics profession on both sides of the Atlantic. In extrapolating his great achievements as a scholar and teacher beyond the time of his death, one is inclined to suppose that Egon Sohmen's name would figure high on many a list of candidates for honors and awards in the field of international economics. For the reconstruction of economics in the German language area Egon Sohmen was invaluable. Born in Linz (Austria), he studied in Vienna at the Business School (Hochschule fUr Welthandel, now Wirtscha!tsuniversitiit), then went to the US as a Fulbright scholar (1953), returned to Europe to take his doctorate in Tiibingen, Germany, (1954) and crossed the Atlantic again to teach at MIT (1955-58) where he obtained a Ph. D. (1958) under Charlie Kindleberger. He might have stayed permanently in the US, con tinuing a career that he started as Assistant Professor at Yale University (1958-61), if the US visa provisions had been applied in a more liberal fashion.
Download or read book Absolute Returns written by Alexander M. Ineichen and published by John Wiley & Sons. This book was released on 2002-11-29 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Absolute Returns" ist ein praktischer Leitfaden zu den Risiken und Gewinnmöglichkeiten im Bereich Hedge Funds. Mit diesem Buch lernen Sie, solide Entscheidungen für Investitionen in Hedge Funds zu treffen. Autor Alexander Ineichen erläutert ausführlich, was Hedge Funds sind, wie diese Fonds den Markt übertreffen können, und welche Risiken sie für den Investor bergen. Er erklärt auch, wie Hedge Funds als alternative Investments mit traditionellen Portfolios kombiniert werden können, um auf diese Weise hervorragende Risiko-Rendite-Eigenschaften zu erreichen. Ausserdem beschreibt er, welche neuen Strategien Hedge Funds einsetzen, um überdurchschnittliche Renditen zu erzielen. Einfach, verständlich und nachvollziehbar geschrieben.
Download or read book Economics for Real People written by Gene Callahan and published by Ludwig von Mises Institute. This book was released on 2002 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reality and Rhetoric written by P. T. Bauer and published by Harvard University Press. This book was released on 1984 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reality and Rhetoric is the culmination of P. T. Bauer's observations and reflections on Third World economies over a period of thirty years. He critically examines the central issues of market versus centrally planned economies, industrial development, official direct and multinational resource transfers to the Third World, immigration policy in the Third World, and economic methodology. In addition, he has written a fascinating account of recent papal doctrine on income inequality and redistribution in the Third World. The major themes that emerge are the importance of non-economic variables, particularly people's aptitudes and mores, to economic growth; the unfortunate results of some current methods of economics; the subtle but important effects of the exchange economy on development; and the politicization of economic life in the Third World. As in Bauer's previous writings, this book is marked by elegant prose, apt examples, a broad economic-historical perspective, and the masterful use of informal reasoning.
Download or read book Innovation Commons written by Jason Potts and published by Oxford University Press. This book was released on 2019-07-02 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation is among the most important topics in understanding economic sustained economic growth. Jason Potts argues that the initial stages of innovation require cooperation under uncertainty and draws from insights on the solving of commons problems to shed light on policies and conditions conducive to the creation of new firms and industries. The problems of innovation commons are overcome, Potts shows, when there are governance institutions that incentivize cooperation, thereby facilitating the pooling of distributed information, knowledge, and other inputs. The entrepreneurial discovery of an economic opportunity is thus an emergent institution resulting from the formation of a cooperative group, under conditions of extreme uncertainty, working toward the mutual purpose of opportunity discovery about a nascent technology or new idea. Among the problems commons address are those of the identity; cooperation; consent; monitoring; punishment; and independence. A commons is efficient compared to the creation of alternative economic institutions that involve extensive contracting and networks, private property rights and price signals, or public goods (i.e. firms, markets, and governments). In other words, the origin of innovation is not entrepreneurial action per se, but the creation of a common pool resource from which entrepreneurs can discover opportunities. Potts' framework draws on the evolutionary theory of cooperation and institutional theory of the commons. It also has important implications for understanding the origin of firms and industries, and for the design of innovation policy. Beginning with a discussion of problems of knowledge and coordination as well as their implications for common pool environments, the book then explores instances of innovation commons and the lifecycle of innovation, including increased institutionalization and rigidness. Potts also discusses the possible implications of the commons framework for policies to sustain innovation dynamics.
Download or read book Essential Economics written by Matthew Bishop and published by Bloomberg Press. This book was released on 2004-05-01 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Groupthink in Government written by Paul ‘t Hart and published by Johns Hopkins University Press. This book was released on 1994-09-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do groups of talented and experienced individuals make disastrously bad collective judgments, such as the Kennedy administration's flawed decision to proceed with the Bay of Pigs invasion in 1961? In his pioneering research on collective decision making, Irving Janis introduced the concept of "groupthink"—a deliberately Orwellian neologism—to describe such occurrences. Now, in the first book-length study of groupthink since Janis's work, Paul 't Hart has provided a rigorous and systematic version of this influential theory which opens several new avenues for research.
Download or read book Cogs and Monsters written by Diane Coyle and published by Princeton University Press. This book was released on 2021-10-12 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: How economics needs to change to keep pace with the twenty-first century and the digital economy Digital technology, big data, big tech, machine learning, and AI are revolutionizing both the tools of economics and the phenomena it seeks to measure, understand, and shape. In Cogs and Monsters, Diane Coyle explores the enormous problems—but also opportunities—facing economics today and examines what it must do to help policymakers solve the world’s crises, from pandemic recovery and inequality to slow growth and the climate emergency. Mainstream economics, Coyle says, still assumes people are “cogs”—self-interested, calculating, independent agents interacting in defined contexts. But the digital economy is much more characterized by “monsters”—untethered, snowballing, and socially influenced unknowns. What is worse, by treating people as cogs, economics is creating its own monsters, leaving itself without the tools to understand the new problems it faces. In response, Coyle asks whether economic individualism is still valid in the digital economy, whether we need to measure growth and progress in new ways, and whether economics can ever be objective, since it influences what it analyzes. Just as important, the discipline needs to correct its striking lack of diversity and inclusion if it is to be able to offer new solutions to new problems. Filled with original insights, Cogs and Monsters offers a road map for how economics can adapt to the rewiring of society, including by digital technologies, and realize its potential to play a hugely positive role in the twenty-first century.
