1.

Record Nr.

UNINA9910508452803321

Autore

Futerman Alan G.

Titolo

The Austro-Libertarian Point of View : Essays on Austrian Economics and Libertarianism / / by Alan G. Futerman, Walter E. Block

Pubbl/distr/stampa

Singapore : , : Springer Nature Singapore : , : Imprint : Springer, , 2021

ISBN

981-16-4691-0

Edizione

[1st ed. 2021.]

Descrizione fisica

1 online resource (214 pages)

Collana

Economics and Finance Series

Disciplina

330.157

Soggetti

Macroeconomics

Microeconomics

International economic relations

Finance, Public

Economic policy

Constitutional law

Macroeconomics and Monetary Economics

International Economics

Public Economics

Economic Policy

Constitutional Law

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

1. Epistemology and Methodology -- 2. Microeconomics -- 3. Labor Economics -- 4. Macroeconomics -- 5. International Economics -- 6. Political Philosophy -- 7. Law -- 8. Public Policy -- 9. Final Thoughts.

Sommario/riassunto

This book covers several areas of economic theory and political philosophy from the perspective of Austrian Economics and libertarianism. As such, it deals with Epistemology and Methodology, Microeconomics, Macroeconomics, Labor Economics, International Economics, Political Philosophy, Law and Public Policy, all from the Austro-libertarian perspective. Hence, this book offers an integrated view of libertarianism and Austrian economics in the light of recent debates in the areas of economic science and political philosophy. Moreover, it builds from the foundations of the Austrian approach



(epistemology and methodology), while the latter material deals with its application to the individual from the microeconomic perspective, which in turn allows an exploration of subjects in macroeconomics. Additionally, this work applies Austro-libertarianism to law, politics, and public policy. Thus, it offers a unified view of the entire approach, in a logical progression, allowing the readers to judge this perspective in full. Futerman and Block say that their book is not a manual, which I suppose it is not. But it is a collection of highly pertinent essays, from which you can understand what is mistaken in the orthodoxy of economics, law, and politics. The central term of art in Austrian economics is that phrase “human action.” It is the exercise of human will, not the blind bumping of one molecule against another or one organism against another, as in the physical sciences… Futerman and Block distinguish Austrian economics as a scientific enterprise based on liberty of the will from “libertarianism” as an advocacy based on policies implied by such liberty. “Although Austrian economics is positive and libertarianism is normative,” they write, “this book shows how both are related; how each can support the other.” Indeed they do. Deirdre N. McCloskey, PhD UIC Distinguished Professor of Economics and of History Emerita, Professor of English Emerita, Professor of Communication Emerita, University of Illinois at Chicago.