1st Edition

Microfoundations and Macroeconomics An Austrian Perspective

By Steven Horwitz Copyright 2000
    292 Pages
    by Routledge

    292 Pages
    by Routledge

    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 economists and students.

    Part I: Introduction 1: Introduction: Is there an Austrian Macroeconomics? Part II: Market Process and Microeconomics 2: Prices, Knowledge and Economic Order 3: The Missing Link: Capital Theory as Microfoundations Part III: The Macroeconomics of Monetary Disequilibrium 4: Monetary Equilibrium as an Analytical Framework 5: Inflation, the Market Process, and Social Order 6: Monetary Equilibrium Theory and Deflation 7: W.H.Hutt on Price Rigidities and Macroeconomic Disorder Part IV: Policy Implications and Conclusions 8: Monetary Policy, Monetary Regimes, and Monetary Disequilibria 9: Conclusions: Microfoundations and Macroeconomics

    Biography

    Steven Horwitz