1st Edition

The Meaning of the Market Process Essays in the Development of Modern Austrian Economics

By Israel M Kirzner Copyright 1992
    260 Pages
    by Routledge

    260 Pages
    by Routledge

    Israel Kirzner is the foremost proponent of the modern Austrian theory of the market process. This book offers substantive insights in support of this theory and a new historical interpretation of how the ideas of modern Austrians emerged.

    Part 1 Part I The market process approach; Chapter 1 Chapter 1 Market process theory: in defence of the Austrian middle ground; Chapter 2 Chapter 2 The meaning of market process; Part 2 Part II The emergence of the Austrian view; Chapter 3 Chapter 3 The Austrian School of economics; Chapter 4 Chapter 4 Carl Menger and the subjectivist tradition in economics; Chapter 5 Chapter 5 Menger, classical liberalism and the Austrian School of economics; Chapter 6 Chapter 6 The economic calculation debate: lessons for Austrians; Chapter 7 Chapter 7 Ludwig von Mises and Friedrich von Hayek: The modern extension of Austrian subjectivism; Part 3 Part III Some new explorations in the Austrian approach; Chapter 8 Chapter 8 Prices, the communication of knowledge and the discovery process; Chapter 9 Chapter 9 Economic planning and the knowledge problem; Chapter 10 Chapter 10 Knowledge problems and their solutions: some relevant distinctions; Chapter 11 Chapter 11 Welfare economics: a modern Austrian perspective; Part 4 Part IV Some related issues emerging from the Austrian approach; Chapter 12 Chapter 12 Self-interest and the new bashing of economics: a fresh opportunity in the perennial debate?; Chapter 13 Chapter 13 Discovery, private property and the theory of justice in capitalist society Notes ReferencesIndex;

    Biography

    Israel M. Kirzner