How can people peacefully cooperate with others to improve their lives? This important book answers this question by introducing readers to the Austrian school of economics.
Austrian economics is a heterodox tradition with a distinct philosophy of science stressing purposive individual action, subjective value, the unique nature of economic knowledge, and the importance of prices and markets for coordination. Beginning in Austria in the 1870s with the work of Carl Menger, the ideas of those working in this tradition shaped the field of economics as we know it today. Coyne and Hall tell the story of the key thinkers and ideas in the Austrian school. In doing so, they demonstrate the tradition's ongoing relevance to a wide range of contemporary issues, including entrepreneurship, development, government regulation, artificial intelligence, business cycles and recessions, infectious diseases, recovery from natural disasters, and war.
Comprehensive and accessibly written, Austrian Economics: An Introduction is an indispensable resource on its topic. Readers will come away with a better understanding of economics and an appreciation of the marvel of human cooperation.

- 215 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
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Table of contents
- Cover
- Table of Contents
- Title Page
- Copyright Page
- Dedication
- Preface
- Acknowledgments
- Figures
- 1 What is Austrian Economics?
- 2 The Science of Economics
- 3 Catallaxy: The Study of Coordination and Exchange
- 4 Economic Calculation and Planning
- 5 The Market Process
- 6 Interventionism
- 7 Money and Banking
- 8 Austrian Business Cycle Theory
- 9 Austrian Economics: Yesterday, Today, and Tomorrow
- References
- Index
- End User License Agreement
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Yes, you can access Austrian Economics by Christopher J. Coyne,Abigail R. Hall in PDF and/or ePUB format, as well as other popular books in Economics & Political Economy. We have over 1.5 million books available in our catalogue for you to explore.