Author: Jesús Huerta de Soto, Institute of Economic Affairs (Great Britain)
Publisher: Edward Elgar Pub
One of the most learned and creative of contemporary Austrian economists offers a more comprehensive and persuasive account of that school than any other known to me. Professor Huerta de Soto even finds antecedents among the scholastics of 16th-century Spain. He emphasizes the decisive role of entrepreneurs in discovering opportunities, creating knowledge, putting widely scattered knowledge to use, and promoting economic coordination. He compares Austrian economics (favorably) with contemporary mainstream work. All economists should be acquainted with these Austrian contributions, including economists who may not be entirely convinced on some points of money-macro theory. Leland Yeager, Auburn University and University of Virginia, US This volume sets out to present the essential ideas of the Austrian school of economics . However, its author, a foremost contemporary Austrian economist in his own right, has placed his own stamp on each of the themes he has covered. Few Austrians (and certainly not the writer of this comment) will agree with the author s treatment of every theme. Yet all Austrians will recognize and value the superb clarity and power of this outstanding book. And all economists, Austrian or not, will appreciate the wide erudition and profound economic understanding reflected in this luminous work. Israel M. Kirzner, New York University, US The Austrian School forms a concise but comprehensive exposition of the main tenets of the modern Austrian School of Economics while also providing a detailed explanation of the differences between the Austrian and the neoclassical (including the Chicago School) approaches to economics. The book also includes: reviews of the contributions of the main Austrian economists, critical analysis of the major objections to Austrian economics and an evaluation of its likely future development complete exposition on the concepts and implications of entrepreneurship and dynamic competition a new concept of dynamic efficiency (as an alternative to the standard Paretian criterion) and a generalised definition of socialism (as a systematic aggression against entrepreneurship) evaluation of the role of Spanish Scholastics of the 16th century as forerunners of the Austrian School, as well as the influence and contributions of the main Austrian Scholars of the 19th and 20th centuries. This book will most notably appeal to Austrian economists but also to other free market economists as well as researchers and academics of economic methodology, the history of economic thought, institutional economics and comparative economic systems.
Author: Jesús Huerta de Soto
Publisher: Taylor & Francis
This book gathers a collection of English language essays by Jesús Huerta de Soto over the past ten years, examining the dynamic processes of social cooperation which characterize the market, with particular emphasis on the role of both entrepreneurship and institutions. The author's multidisciplinary approach to the subject is in keeping with a trend in economic thought established by the Austrian school of economics; a discourse that had witnessed a significant revival over the last thirty years. Areas covered in this book include an introduction to the theory of dynamic efficiency as an alternative to the standard paretian criteria, an explanation of the differences between the Austrian and the neoclassical approach to economics, a generalized definition of socialism that allows the joint application of the analysis of interventionism, a dynamic Austrian approach to the analysis of free market environmentalism, nationalism, the reform of Social Security and the theory of banking and an evaluation of the role of Spanish Scholastics of the Sixteenth Century.
Author: Jes£s Huerta de Soto
Publisher: Edward Elgar Publishing
This highly topical book presents a new theory on the characteristics of entrepreneurial knowledge. It explores the recent shift among professional economists and scholars in their evaluation of the debate of socialism. Socialism, Economic Calculation and Entrepreneurship presents an application of Israel M. Kirzner's theory of entrepreneurship to the theory of the impossibility of socialism. It discusses the influence of the fall of socialism, with particular reference to the evolution of economic thought.
Author: Johanna Spyri
A Swiss orphan is heartbroken when she must leave her beloved grandfather and their happy home in the mountains to go to school and to care for an invalid girl in the city.
Author: Friedrich August Hayek
Publisher: Psychology Press
Hayek argues convincingly that, while socialist ideals may be tempting, they cannot be accomplished except by means that few would approve of.
Author: Adolf Hitler
Publisher: Adolf Hitler
IT HAS TURNED OUT FORTUNATE FOR ME TODAY THAT DESTINY APPOINTED BRAUNAU-on-the-Inn to be my birthplace. For that little town is situated just on the frontier between those two States the reunion of which seems, at least to us of the younger generation, a task to which we should devote our lives and in the pursuit of which every possible means should be employed. German-Austria must be restored to the great German Motherland. And not indeed on any grounds of economic calculation whatsoever. No, no. Even if the union were a matter of economic indifference, and even if it were to be disadvantageous from the economic standpoint, still it ought to take place. People of the same blood should be in the same Reich. The German people will have no right to engage in a colonial policy until they shall have brought all their children together in the one State. When the territory of the Reich embraces all the Germans and finds itself unable to assure them a livelihood, only then can the moral right arise, from the need of the people to acquire foreign territory. The plough is then the sword; and the tears of war will produce the daily bread for the generations to come.
Author: F.A. Hayek
Highly readable and controversial, a work of considerable scholarship and energy, The Fatal Conceit will greatly advance our understanding of the economic and political issues confronting the world.