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Austrian Economics Re-examined

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, an...

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Main Authors: O'Driscoll Jr, Gerald, Rizzo, Mario
Format: Online
Sprog:engelsk
Udgivet: Taylor & Francis 2025
Fag:
Keynes
israel
Austrian Economics
kirzner
Timeless
ludwig
Genuine Uncertainty
lachmann
Stochastic Equilibrium
von
Market Process
mises
Time Dependent Uncertainty
stochastic
Follow
equilibrium
Knightian Uncertainty
rms
Mind Construct
knightian
Entrepreneurial Discovery
Equilibrium Construct
Liquidity Preference
Capital Goods
Monetary Disturbances
Entrepreneurial Error
Vice Versa
Excess Demand
Ludwig Lachmann
Austrian Tradition
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
Online adgang:ONIX_20250530T122022_9781317691365_20
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Summary: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 The new book contains the full text and Introductions of the earlier edition as well as the comprehensive previously-unpublished essay "What is Austrian Economics?"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. The Open Access version of this book, available at https://www.taylorfrancis.com/books/oa-edit/10.4324/9781315776736, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

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