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
EIPE
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Publication Year
1998
Publisher
Pages
258
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
Number of Copies
1
