The Foundations of Austrian Economics from Menger to Mises: A Critico-Historical Retrospective of Subjectivism

Type
Book
Authors
ISBN 10
1858983088 
ISBN 13
9781858983080 
Category
Unknown  [ Browse Items ]
Edition
1st 
Publication Year
1998 
Publisher
Pages
258 
Tags
 
Abstract
 
Description
Oakley (economics, U. of Newcastle, Australia) emphasizes subjectivism in the contribution of Carl Menger (1840-1921) and Ludwig Von Mises (1881-1973) to the foundation of Austrian economics. He situates their work in the context of the human sciences evolving around them, and argues that they failed to appreciate and adopt fully the more penetrating subjectivism of their contemporaries, and thus left their successors an incomplete and ambiguous meta-theoretical legacy. Oakley believes that the lapses are responsible for the unconstrained market concept identified with Austrian economics, and that a deeper look into the fundamentals reveals a call for more government intervention. Annotation c. by Book News, Inc., Portland, Or. - from Amzon 
Biblio Notes
 
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