Illustrating the knowledge and ideas of thinkers such as Mandeville, Hume,
Montesquieu and Smith, this book fully investigates the entire panorama of social
sciences as well as providing a clear and concise analysis of the history of the
social sciences from the point at which evolutionary theory entered the field.
This thought-provoking Research Agenda examines various themes within economic
studies that have become active areas of commentary for economists of the Austrian
School. Contributors establish their own distinctive interpretations of how an
Austrian Research Agenda should appear, displaying plainly that there is no set
dogma within Austrian economics.
Presenting a wide range of topics and written 150 years since Carl Menger’s Principles of Economics was published, this timely book reviews Menger’s life and theories and explains how his insights on the creation of money are still inspiring and relevant today. Highlighting state-of-the-art results on Menger’s methodology and economic theory, the book expertly analyses key topics such as the debt theory of money, capital wealth and the gender wage gap.
This book presents a general theory of the economics of prosperity. Drawing upon both historic and contemporary Austrian economic thinking, it looks beyond merely identifying various isolated causes of economic growth and development to describe and explain the process of economic progress. It brings together various economic principles related to production, exchange, the market division of labor, capital, technology, entrepreneurship, and economic calculation, and a further understanding of how different institutional settings and specific policies all affect the process of economic progress. It also provides a helpful critique of modern growth theory.
Few international organizations embody the idea of historical progress as strongly as the European Union (EU). This book shows how Europe’s heterogeneity makes the EU unsuitable to be a vehicle of progress and political unity and makes the case for a more restrained, polycentric approach towards European integration.
Taking an innovative look at the origins of economics, this forward-thinking book relocates economics from a materialistic general theory of rational action into an idealistic theory of social organization and individual action. Adding new insightful analytical methods such as complexity theory, graph theory and computational modelling to the original insights of the Scottish Enlightenment, Richard E. Wagner explores economics in an ever-changing society, looking at the key civilizing processes and the important social questions.
This Modern Guide explores central ideas, concepts, and themes in the Austrian school of economics, with a focus on how they, and with them the overall theory, have evolved over recent decades. Leading scholars offer their insights into potential directions of future research in the field, pointing towards contemporary debates and their potential conclusions, underdeveloped aspects and extensions of theory, and current applications of interest.
Innovative in its approach, Rethinking Public Choice reviews the concept of public
choice since the 1950s post-war period and the application of economics to political
practices and institutions, as well as its evolution in recent years attracting
contributions from political science and philosophy.
This timely and provocative book challenges the conventional wisdom that neoliberal capitalism is incompatible with social justice. Employing public choice and market process theory, Nick Cowen systematically compares and contrasts capitalism with socialist alternatives, illustrating how proponents of social justice have decisive reasons to opt for a capitalism guided by neoliberal ideas.
This volume contains thirty-seven contributions from the most significant early developers of monetary economics. Starting with Aristotle, the collection tracks the development of the modern theory of money through the ages by thinkers like Albert the Great, Thomas Aquinas, Jean Buridan, Martin de Azpilcueta, John Locke, Richard Cantillon, David Hume, and A.R.J Turgot.