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  • MPI-MMG  (1)
  • Dekker, Erwin  (1)
  • Van Schoelandt, Chad  (1)
  • 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.
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  • Dekker, Erwin  (1)
  • Van Schoelandt, Chad  (1)
  • 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.
  • Boettke, Peter J.  (2)
  • Aligică, Paul Dragoş  (1)
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    Online Resource
    Online Resource
    Toward a Hayekian Theory of Social Change (2023)
    Blue Ridge Summit : Lexington Books/Fortress Academic
    Details
    ISBN: 9781666937145
    Language: English
    Pages: 1 online resource (247 pages)
    Edition: 1st ed.
    Series Statement: Economy, Polity, and Society Series
    Parallel Title: Erscheint auch als
    DDC: 303.4
    Keywords: Hayek, Friedrich A. von-(Friedrich August),-1899-1992 ; Social change ; Economics ; Social sciences-Philosophy
    Abstract: Bringing together several scholars from different social science disciplines who relate Hayek's theory of social change to empirical phenomena and methodological debates within their respective disciplines, Toward a Hayekian Theory of Social Change explores Hayek's political economy and social philosophy in new perspective.
    Abstract: Cover -- Half Title -- Series Page -- Title Page -- Copyright Page -- List of Tables and Figures -- List of Tables -- List of Figures -- Chapter 1: Technological Progress as the Only Source of Economic Growth?: F. A. Hayek's Critical Assessment of Growth of Technological Knowledge as a Decisive Factor for Economic Growth -- On the Necessity of Technological Progress and Other Fallacies -- The Materialistic Approach -- The Modern Macroeconomic Approach -- F. A. Hayek's Critical Assessment -- As an Economist . . . -- As a Social Philosopher . . . -- The Institutional Framework as the Ultimate Source of Economic Growth -- Conclusion -- Notes -- References -- Chapter 2: Gift-Giving as a Substitution for Monetary Exchange: Evidence from the Potlatch -- The Potlatch -- The Potlatch Ban -- Money as a Substitute for Memory -- Memory as an Alternative to Monetary Exchange -- Institutional Response to Free-Riding -- The Potlatch: Of Human Creation, but Not of Human Design -- The Effects of the Potlatch Ban on Social Memory -- Institutional Stickiness and the Potlatch Ban -- Conclusion -- Notes -- References -- Chapter 3: Locating the Artisan in Hayek's Free Civilization -- Hayek's Free Civilization -- The Artifactuality of a Free Civilization -- Freedom as an Artifact of Civilization -- Individuals as Entrepreneurs -- Bloomington School Artisanship -- Artisans -- Artisanship -- Artifacts -- Locating the Artisan -- Conclusion -- Notes -- References -- Chapter 4: The Form of the Farm -- One Non-Liberal Criticism -- Hayek and Hayekian Environmentalism -- The Great Economy and Small Farm Conservation -- Two Paths Diverge: Membership, Blasphemy, and the Small Farm -- Conclusion: Implications and Exploring Possibilities -- Notes -- References -- Chapter 5: Friedrich Hayek on Freedom and the Rule of Law in The Constitution of Liberty -- Hayek's Defense of Freedom.
    Note: Description based on publisher supplied metadata and other sources
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