1.

Record Nr.

UNINA9910158597703321

Autore

Nell Guinevere Liberty

Titolo

The Driving Force of the Collective : Post-Austrian Theory in Response to Israel Kirzner / / by Guinevere Liberty Nell

Pubbl/distr/stampa

New York : , : Palgrave Macmillan US : , : Imprint : Palgrave Macmillan, , 2017

ISBN

1-137-46839-4

Edizione

[1st ed. 2017.]

Descrizione fisica

1 online resource (XII, 294 p.)

Disciplina

330.15

Soggetti

Schools of economics

Economic theory

Regional economics

Spatial economics

Macroeconomics

Economic policy

Economics

Heterodox Economics

Economic Theory/Quantitative Economics/Mathematical Methods

Regional/Spatial Science

Macroeconomics/Monetary Economics//Financial Economics

Political Economy/Economic Systems

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

1. Collaborative Discovery and the Conversive Democratic Process: A Post-Austrian Approach -- 2. The Individualist Subjectivism of Austrian Economics -- 3. Subjectivism, Freedom, and Social-Interest -- 4. The Limits of Democracy: The Real and the Imagined -- 5. The Ethics of Competition and Cooperation -- 6. Some Ethical Insights on the Nature of Profits.-7. Coordination and Collaboration: Agreement as a Criterion for Democratic Goodness -- 8. Reflections on the Misesian Legacy of Hyper-Individualism -- 9. Knowledge and the Austrian Understanding of the Democratic System -- 10. Culture, Hayek, and the idea of Plan-Coordination -- 11. Conversation and the Democratic Process: Some



Doctrinal Touchstones -- 12. The Driving Force of the Collective: The Idea of “Conversation” in Contemporary Economic Theory and in the Post-Austrian Theory of the Democratic Process -- 13. Misallocation and/or Misunderstood: A Reconsideration of the Misesian Calculation Problem -- 14. Society, the Collective, and Economic "Imperialism".

Sommario/riassunto

This book investigates why Austrian economists fail to apply the spontaneous order framework to cooperative relationships – such as a dynamic and evolving public sector – that might complement a thriving market. In direct response to Israel Kirzner's The Driving Force of the Market, Nell challenges traditional Austrian economics by proposing "democratic process theory" as a parallel to market process theory, highlighting the possibilities for an economic organization that harnesses the power of transparent and effective democracy. Keeping in mind the central problems experienced in socialist and capitalist countries due to self-interested political and economic actors, The Driving Force of the Collective highlights the public sector advantages of allowing culture and institutions to evolve endogenously as a spontaneous public sector order.