
- 168 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
About this book
What if economics began with people?
Choice is an essential feature of the human condition. Every time we embark on a given plan of action, big or small, we make a choice. Whereas many economists model people's behavior using idealized assumptions, economists of the Austrian School don't. The Austrian School of Economics takes people as they are and constructs economic theories by examining the logical structure of the choices they make.
Austrian Economics: An Introduction book explains the Austrian School's insights on a wide range of economic topics and introduces some of its key thinkers. It also explains the relationship between the Austrian School and mainstream economics and delves into the criticisms that Austrian School economists have mounted against communist and socialist economic thought.
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Information
Table of contents
- Cover Page
- Title Page
- Copyright Page
- Contents
- 1. Introduction
- 2. Carl Menger and the Microeconomics of the Austrian School
- 3. Market Process and Spontaneous Order
- 4. The Method of Austrian Economics
- 5. Capital and Calculation
- 6. The Socialist Calculation Debate
- 7. Austrian Business Cycle Theory and the Hayek-Keynes Debate
- 8. Hayek On Prices, Knowledge, and the Nature of Economics
- 9. Competition, Entrepreneurship, and the Discovery Process of the Market
- 10. Modern Austrian Monetary Theory and Macroeconomics
- 11. Austrian Economics In the 21st Century
- Notes
- Further Reading
- Index
- About the Author
- Libertarianism.org
- Cato Institute