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The economics of ignorance and coordination [Book] : subjectivism and the Austrian School of Economics / Thierry Aimar.

By: Material type: TextTextSeries: Publication details: Northampton, MA : Northampton, MA : Edward Elgar, c2009.Description: xv, 302 p. : ill. ; 25 cmISBN:
  • 9781848441040 (hbk.)
  • 1848441045 (hbk.)
Subject(s): DDC classification:
  • 330.157 22
Other classification:
  • 330.157
Summary: This book clarifies the specific nature of the Austrian theory and restores the unity and open-mindedness of the Austrian school in general. The intention is not to offer a collection of different or parallel ideas, but rather to retrace, from a pedagogical and constructive perspective, the various stages of the construction of a well-founded theoretical edifice: from Ludwig von Mises to Murray Rothbard, from Friedrich Hayek to Israel Kirzner and from Lachmann to Lavoie. The book is a reconstitution of the way Austrian ideas and concepts organize themselves in a common structure. Providing a clear distinction between economic analysis and doctrine, this in-depth and unified theoretical book will be valuable to postgraduate students and researchers of economics. It is a great introduction to major Austrian theories including money, the firm, cognitive psychology, comparative economic systems and economic information.
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This book clarifies the specific nature of the Austrian theory and restores the unity and open-mindedness of the Austrian school in general. The intention is not to offer a collection of different or parallel ideas, but rather to retrace, from a pedagogical and constructive perspective, the various stages of the construction of a well-founded theoretical edifice: from Ludwig von Mises to Murray Rothbard, from Friedrich Hayek to Israel Kirzner and from Lachmann to Lavoie. The book is a reconstitution of the way Austrian ideas and concepts organize themselves in a common structure. Providing a clear distinction between economic analysis and doctrine, this in-depth and unified theoretical book will be valuable to postgraduate students and researchers of economics. It is a great introduction to major Austrian theories including money, the firm, cognitive psychology, comparative economic systems and economic information.

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