Evolution of Austrian Economics: From Menger to Lachmann

1st Edition

Sandye Gloria-Palermo

Routledge
Published April 8, 2014
Reference
ISBN 9781138007253 - CAT# Y164144
Series: Routledge Studies in the History of Economics

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Summary

This book argues, against the dominant orthodoxy in the history of economic thought, for the originality of Carl Menger's contribution to the development of the Austrian school of economics. Situating the evolution of Menger's thought in the tradition of classical political economy, the author documents the emergence of a Mengerian logic and its contribution to the formation of a distinctly Austrian tradition of economics.
In its bold elucidation of the shaping of a tradition in economic thought, Tradition and Innovation in Austrian Economics provides a fresh and challenging perspective on the Austrian school which will be of interest to researchers in Austrian economics and the history of economic thought.

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