Austrian Economics in America
The Migration of a Tradition

This 1994 book examines the development of the ideas of the new Austrian school from its beginnings in the 1870s to the present.

Karen I. Vaughn (Author)

9780521637657, Cambridge University Press

Paperback, published 28 January 1998

216 pages
22.9 x 15.3 x 1.3 cm, 0.32 kg

"The topics in this book are deep, the debates grand, the implications are limited only by the reader's own imagination. And--a rarity among economists--Vaughn writes with clarity and grace. This is a history of modern economics the way it should be written. I highly recommend it to anyone interested in contemporary Austrian economics and its innovative direction of research for the next century." David L. Prychitko, SUNY-Oswego, in Religion and Liberty

This 1994 book examines the development of the ideas of the new Austrian school from its beginnings in Vienna in the 1870s to the present. It focuses primarily in showing how the coherent theme that emerges from the thought of Carl Menger, Ludwig von Mises, Friedrich Hayek, Ludwig Lachman, Israel Kirzner and a variety of new younger Austrians is an examination of the implications of time and ignorance (or processes and knowledge) for economic theory.

Preface
Acknowledgements
1. Introduction
2. Carl Menger and the foundations of Austrian economics
3. Economic calculation and the rediscovery of Mengerian themes
4. Ludwig von Mises: Austrian economics in America
5. The Austrian revival
6. Defining the Austrian paradigm
7. Market process: the problem of order in Austrian economics
8. Austrian economics: which way forward
References
Index.

Subject Areas: Economic theory & philosophy [KCA]