1.

Record Nr.

UNINA9910778863303321

Autore

Gloria-Palermo Sandye

Titolo

The evolution of Austrian economics : from Menger to Lachmann / / Sandye Gloria-Palermo

Pubbl/distr/stampa

London ; ; New York : , : Routledge, , 1999

ISBN

1-134-64719-0

1-280-33529-7

0-203-01153-8

0-203-17032-6

Descrizione fisica

1 online resource (199 p.)

Collana

Routledge studies in the history of economics ; ; 24

Disciplina

330.15/7

Soggetti

Austrian school of economics - History

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. [170]-181) and index.

Nota di contenuto

Book Cover; Title; Contents; List of figures; Acknowledgements; Introduction; A particular interpretation of Menger; Confrontation with an a posteriori definition of marginalism; Bohm-Bawerk's 'greatest error'; From imputation to the proof of existence of general equilibrium; The 'Austrian' theory of cycles; Reappearance of the Mengerian essence; The limits of Austrian praxeology: Rothbard's line of thought; The theory of entrepreneur ship: Kirzner's line of thought; The extension of subjectivism to expectations: Lachmann's line of thought; Beyond theoretical nihilism

Scope and limits of the Austrian analyses of institutions Conclusion: a plea for an opening up to institutionalist logic; Notes; Bibliography; Index

Sommario/riassunto

This book argues, against the dominant orthodoxy in the history of economic thought, for the originality of Carl Menger's contribution to the development of the Austrian school of economics. Situating the evolution of Menger's thought in the tradition of classical political economy, the author documents the emergence of a Mengerian logic and its contribution to the formation of a distinctly Austrian tradition of economics. In its bold elucidation of the shaping of a tradition in economic thought, Tradition and Innovation in Austrian Economics



provides a fresh and challenging persp