Competition and free trade are both concepts which are absolutely central for the understanding of human societies but are also often the subjects of fears and criticisms. It is argued that it is not possible to understand what competition really is without referring to the concept of freedom, and…
Hardback – 2017-10-05
Routledge
Routledge Foundations of the Market Economy
Austrian Economics Re-examined: The Economics of Time and Ignorance is an expanded version of the 1996 edition of The Economics of Time and Ignorance. This work is a classic statement of the role of subjectivism, radical uncertainty and change through real time in Austrian economics specifically,…
Paperback – 2016-11-07
Routledge
Routledge Foundations of the Market Economy
The U.S. Government’s accumulated national debt and unfunded liabilities in social security and Medicare could be pushing the country towards a fiscal crisis. How could such a crisis be avoided? If a crisis does strike, how might it be dealt with? What might be the long term ramifications of…
Hardback – 2016-09-13
Routledge
Routledge Foundations of the Market Economy
Drawing on the work of the Austrian School and its heirs, Capital in Disequilibrium develops a modern, systematic version of capital theory in order to suggest a new approach to the subject of economics. Original and provocative in his reflection, Lewin offers both a new approach and an accessible…
Paperback – 2016-01-31
Routledge
Routledge Foundations of the Market Economy
How does culture impact economic life? Is culture like a ball and chain that actors must lug around as they pursue their material interests? Or, is culture like a tool-kit from which entrepreneurs can draw resources to aid them in their efforts? Or, is being immersed in a culture like wearing a…
Paperback – 2015-09-29
Routledge
Routledge Foundations of the Market Economy
Important and celebrated economist Leland Yeager is one of the architects of the 'Virginia School' of political economy that has produced two Nobel laureates (James Buchanan and Ronald Coase) and the Public Choice movement. A number of top class contributors have here been brought together…
Paperback – 2015-09-10
Routledge
Routledge Foundations of the Market Economy
The substantial prosperity that characterizes market economies at the beginning of the twenty-first century is relatively recent in human history. Prior to the Industrial Revolution, economic progress was so slow that people would not have been able to recognize it in their lifetimes, whereas today…
Paperback – 2015-03-04
Routledge
Routledge Foundations of the Market Economy
Enterpreneurship is central to the market process, and yet most theories of it fail to tackle the problem of how economic agents learn from their experience. This book redresses this by systematically applying the ideas of Karl Popper. It treats the entrepeneur as a theorist who develops…
Paperback – 2014-12-23
Routledge
Routledge Foundations of the Market Economy
First published in 1992. Routledge is an imprint of Taylor & Francis, an informa company.…
Paperback – 2014-12-23
Routledge
Routledge Foundations of the Market Economy
This collection of Ludwig Lachmann's essays challenges contemporary attitudes to economics and seeks to apply an interpretive approach to the discipline. The essays, spanning six decades, address a wide range of issues in microeconomics, macroeconomics, methodology and the history of thought. They…
Paperback – 2014-12-23
Routledge
Routledge Foundations of the Market Economy
This book gathers a collection of English language essays by Jesús Huerta de Soto over the past ten years, examining the dynamic processes of social cooperation which characterize the market, with particular emphasis on the role of both entrepreneurship and institutions. The author’s…
Paperback – 2014-05-19
Routledge
Routledge Foundations of the Market Economy
Kevin Dowd asserts that state intervention into financial and monetary systems has failed, and that we would be better off if financial markets were left to regulate themselves. This collection will appeal to students, researchers and policy makers in the monetary and financial area.…
Paperback – 2014-04-28
Routledge
Routledge Foundations of the Market Economy
Economics originated as a branch of the humane studies that was concerned with trying to understand how some societies flourish while others stagnate, and also how once-flourishing societies could come to stagnate. Over the major part of the 20th century, however, economists mostly turned away from…
Paperback – 2013-11-11
Routledge
Routledge Foundations of the Market Economy
In Keynes' General Theory of Interest Fiona Maclachlan rehabilitates the largely discredited liquidity preference theory of interest, providing an original and rigorously reasoned restatement of the theory. Her provocative book draws on the methodological tenets of the Austrian school and is…
Paperback – 2013-10-31
Routledge
Routledge Foundations of the Market Economy
Free-market economics has attempted to combine efficiency and freedom by emphasizing the need for neutral rules and meta-rules. These efforts have only been partly successful, for they have failed to address the deeper, normative arguments justifying – and limiting – coercion. This failure has thus…
Paperback – 2013-08-08
Routledge
Routledge Foundations of the Market Economy
In these heady days of ever increasing globalization it has become vital to question whether governments should be allowed to protect domestic enterprises from foreign competitors.This book represents a first attempt to provide a new conceptual basis for discussing the cases in which free trade…
Paperback – 2012-11-15
Routledge
Routledge Foundations of the Market Economy
Risk and Business Cycles examines the causes of business cycles, a perennial topic of interest within economics. The author argues the case for the revival of an important role for monetary causes in business cycle theory, which challenges the current trend towards favouring purely real theories.…
Paperback – 2010-07-15
Routledge
Routledge Foundations of the Market Economy
Entrepreneurship is the engine of economic progress, but mainstream economic models of economic growth tend to leave out the entrepreneurial elements of the economy. This new book from Randall Holcombe begins by identifying areas in which evolutionary and Austrian approaches differ from the…
Paperback – 2009-12-17
Routledge
Routledge Foundations of the Market Economy
In the past, Austrian economics has been seen as almost exclusively focused on microeconomics. Here,Steven Horwitz constructs a systematic presentation of what Austrian macroeconomics would look like. This original and highly accessible work will be of great value and interest to professional…
Paperback – 2009-11-24
Routledge
Routledge Foundations of the Market Economy
The defence of the market and economic freedom have been the main objectives of the investigations by liberal thinkers such as Milton Friedman, Gary Becker, F Hayek and L Von Mises. Bearing in mind that the first two economists are the maximum exponents of the Chicago School and the last two of the…
Paperback – 2009-06-16
Routledge
Routledge Foundations of the Market Economy
This well-written book is the first to deal with entrepreneurship in all its aspects. It considers the economic, psychological, political, legal and cultural dimensions of entrepreneurship from a market-process perspective. David A Harper has produced a volume that analyses why some people are…
Paperback – 2007-09-17
Routledge
Routledge Foundations of the Market Economy
Time and Money argues persuasively that the troubles which characterise modern capital-intensive economies, particularly the episodes of boom and bust, may best be analysed with the aid of a capital-based macroeconomics. The primary focus of this text is the intertemporal structure of capital, an…
Paperback – 2007-01-11
Routledge
Routledge Foundations of the Market Economy
This collection of essays from one of the major Austrian economists working in the world today brings together in one place some of his key writings on a variety of economic issues.…
Paperback – 2006-08-01
Routledge
Routledge Foundations of the Market Economy
This original, provocative work makes a thorough and comprehensive enquiry into the relationship that exists between firms and markets, with separate, in-depth examinations of both the existence and inner organisation of the firm. Sautet develops an accomplished and convincing theory that…
Paperback – 2006-04-06
Routledge
Routledge Foundations of the Market Economy
The internet bubble which peaked in size in 2000 is now well and truly burst. As with all bubbles, there are varying explanations for its occurrence, but the hype which surrounds the internet has shouldered a lot of the blame. There is however, no doubt that the internet has significantly changed…
Hardback – 2003-10-23
Routledge
Routledge Foundations of the Market Economy
What is the nature and role of competition in markets and politics?This book examines the institutional dimension of markets and the rules and institutions that condition the operation of market economies. Particular attention is paid to the the role of the state, specifically the role of…
Hardback – 2001-06-28
Routledge
Routledge Foundations of the Market Economy
John Maynard Keynes and Friedrich Hayek had serious differences of opinion when it came to assessing the fractured inter-war world. G. R. Steele picks apart this debate and argues persuasively that Hayek's outlook will prove to be the more enduring.…
Hardback – 2001-06-14
Routledge
Routledge Foundations of the Market Economy
This book offers a unique insight into the character of Austrian economics. This work also collects the recent work of the leading authorities in this area, and will be an indispensible tool for all those interested in the implications of Austrian approach on economics. The author also examines *…
Hardback – 2000-05-04
Routledge
Routledge Foundations of the Market Economy
Chalmlee-Wright argues that international aid programmes have often been unsuccessful because they are imported. The economics of the Austrian School provide a far stronger theoretical framework which can introduce cultural analysis into questions of economic development and other market processes.…
Hardback – 1997-10-09
Routledge
Routledge Foundations of the Market Economy
Carl Menger, Friedrich Wieser and Eugen Bohm-Bawerk are acknowledged as pioneers in the development of neoclassical economics, as well as being recognized as the founders of the Austrian School of Economics. Neoclassical Microeconomic Theory examines their contribution and compares it with the…
Hardback – 1997-01-02
Routledge
Routledge Foundations of the Market Economy
Dynamics of the Mixed Economy applies the insights of modern Austrian political economy to examine economic policy in mixed economies. It compares and contrasts standard approaches to the growth of the state (including public choice) with that of modern Austrian political economy; examines in…
Hardback – 1996-12-05
Routledge
Routledge Foundations of the Market Economy
The idea of free (or laissez-faire) banking has enjoyed a remarkable renaissance in recent years. It is a novel idea that challenges much of what many banking scholars still take for granted - that banking is inherently unstable, that the banking system needs a lender of last resort or deposit…
Paperback – 1996-05-30
Routledge
Routledge Foundations of the Market Economy
Israel Kirzner is the foremost proponent of the modern Austrian theory of the market process. This book offers substantive insights in support of this theory and a new historical interpretation of how the ideas of modern Austrians emerged.…
Paperback – 1996-05-09
Routledge
Routledge Foundations of the Market Economy
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…
Paperback – 1996-04-18
Routledge
Routledge Foundations of the Market Economy
Frank Machovec argues that the assumption of perfect information has done untold economic damage. It has provided the rationale for active state intervention and has obscured the extent to which entrepreneurial activity depends upon the exploitation of asymmetric information.…
Hardback – 1995-05-04
Routledge
Routledge Foundations of the Market Economy