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Austrian Economics Re-examined

Gerald O'iscoll Jr | Mario Rizzo
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A01=Gerald O'iscoll Jr
A01=Mario Rizzo
Austrian Capital Theory
Austrian Economics
Austrian Tradition
Author_Gerald O'iscoll Jr
Author_Mario Rizzo
business cycle theory
Capital Goods
Category=KCA
Endogenous Uncertainty
Entrepreneurial Discovery
Entrepreneurial Error
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
equilibrium
Equilibrium Construct
Excess Demand
Federal Reserve
Follow
Genuine Uncertainty
Intertemporal Coordination
israel
Keynes
kirzner
knightian
Knightian Uncertainty
lachmann
Liquidity Preference
ludwig
Ludwig Lachmann
Market Process
Mind Construct
mises
Monetary Disturbances
monetary policy critique
radical uncertainty
rational expectations theory
real time analysis
rms
stochastic
Stochastic Equilibrium
subjectivist economics
Time Dependent Uncertainty
Timeless
uncertainty in economic theory
Vice Versa
von

Product details

  • ISBN 9781138282162
  • Weight: 466g
  • Dimensions: 156 x 234mm
  • Publication Date: 07 Nov 2016
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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Description

Austrian Economics Re-examined: The Economics of Time and Ignorance is an expanded version of the 1996 edition of The Economics of Time and Ignorance. This work is a classic statement of the role of subjectivism, radical uncertainty and change through real time in Austrian economics specifically, and in modern economics more generally.

The new book contains the full text and Introductions of the earlier edition as well as the comprehensive previously-unpublished essay "What is Austrian Economics?" and a new Introduction. The essay is a comprehensive overview of the central themes of the book from a somewhat different perspective than in the book itself. It supplements the analysis in the book. The new Introduction explains that the 2007-8 financial crisis and recent developments in behavioural economics have made the book more relevant than ever before.

Austrian Economic Re-examined develops and systematizes the fundamental principles of the Austrian tradition to the analysis of rational expectations, business cycles, monetary theory competition and monopoly, and capital theory.
About Gerald O'iscoll Jr | Mario Rizzo
Mario J Rizzo is a Professor in the Department of Economics at New York University. He is also director of the Program on the Foundations of the market Economy and co-director of the Classical Liberal Institute at the New York University School of Law, USA. Gerald P. O’Driscoll, Jr. is Senior Fellow, Cato Institute, USA.

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