The Trend of Economic Thinking Book

The Trend of Economic Thinking | Download eBook Read Pdf-ePub-Kindle

Download full pdf book The Trend of Economic Thinking by F.A. Hayek available in full 404 pages, and make sure to check out other latest books Business & Economics related to The Trend of Economic Thinking below.

The Trend of Economic Thinking

By F.A. Hayek
  • ISBN Code: : 042963790X
  • Publisher : Routledge
  • Pages : 404
  • Category : Business & Economics
  • Reads : 410
  • Book Compatibility : Pdf, ePub, Mobi, Kindle
  • Pdf : the-trend-of-economic-thinking.pdf

Book Excerpt :

This volume presents much newly published work by Hayek on methodology of economics, its development as a subject, its key thinkers and its important debates. It is published in corrected, revised and annotated form with a long introduction.

Recommended Books For Reading


  • The Trend of Economic Thinking
    The Trend of Economic Thinking

    A Book written by F.A. Hayek, published by Routledge 2005-06-23 - 400 pages - part of Business & Economics books.

    Get eBook
  • Political Economy for the 21st Century: Contemporary Views on the Trend of Economics
    Political Economy for the 21st Century: Contemporary Views on the Trend of Economics

    A Book written by Charles J. Whalen,Hyman P. Minsky, published by Routledge 2015-04-15 - 304 pages - part of Political Science books.

    Get eBook
  • Political Economy for the 21st Century
    Political Economy for the 21st Century

    A Book written by Charles J. Whalen, published by M.E. Sharpe 1995-12-26 - pages - part of Business & Economics books.

    Get eBook
  • Business Cycles
    Business Cycles

    A Book written by F. A. Hayek, published by University of Chicago Press 2012-01-27 - 304 pages - part of Business & Economics books.

    Get eBook
  • Doughnut Economics
    Doughnut Economics

    A Book written by Kate Raworth, published by Chelsea Green Publishing 2017-02-23 - 320 pages - part of Business & Economics books.

    Get eBook
  • Patentism Replacing Capitalism
    Patentism Replacing Capitalism

    A Book written by Samuel Meng, published by Springer 2019-05-03 - 609 pages - part of Science books.

    Get eBook
  • The Fortunes of Liberalism
    The Fortunes of Liberalism

    A Book written by F. A. Hayek, published by University of Chicago Press 2012-09-21 - 287 pages - part of Business & Economics books.

    Get eBook

Read Also This Books

The Development of Service Economy

By Zhenhua Zhou
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Springer
  • Book Code : 9812879013
  • Total of Pages : 318
  • Category : Business & Economics
  • Members : 581
  • Pdf File: the-development-of-service-economy.pdf

Book Short Summary:

This book focuses on service economy development, particularly on how an industrial economy evolves into a service economy. The book is organized in three sections: The first theoretically answers the general question "what is the service economy?” The second explains the mechanism of the service economy’s formation and development, revealing the evolution trends and attempts to answer the question “where does the service economy come from?" The third section includes an in-depth analysis of Chinese case studies to answer the key question "how can the service economy development be promoted?" Readers will discover what the service economy is and how it relates to and differs from the industrial economy. More importantly, it will provide policy-makers with suggestions for how to promote service-economy development. ​

Banking and Monetary Policy from the Perspective of Austrian Economics

By Annette Godart-van der Kroon,Patrik Vonlanthen
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Springer
  • Book Code : 3319758179
  • Total of Pages : 280
  • Category : Business & Economics
  • Members : 647
  • Pdf File: banking-and-monetary-policy-from-the-perspective-of-austrian-economics.pdf

Book Short Summary:

This book discusses contemporary banking and monetary policy issues from the perspective of the Austrian School of Economics. Based on the heritage of the Austrian school, leading scholars and practitioners offer a coherent diagnosis and analysis of the factors leading to Europe’s current financial crisis. The first part of the book discusses Ludwig von Mises’s and Friedrich August von Hayek’s ideas on banking and monetary policy from both historical and economic standpoints. It includes contributions on Austrian monetary dynamics and micro-foundational business cycle theory, von Mises’s concepts of liquidity and solvency of fractional-reserve banks, and liberalism of Austrian economics. The second part analyzes the measures taken by the European Central Bank (ECB) in light of the ideas of von Mises and Hayek. It includes contributions on non-neutrality of money, ECB monetary policy, and the future of the ECB. The third and final part presents discussions on monetary reforms, including contributions on Bitcoins, Cryptocurrencies and anti-deflationist Paranoia.

Prosperity without Growth

By Tim Jackson
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 1317388216
  • Total of Pages : 310
  • Category : Business & Economics
  • Members : 635
  • Pdf File: prosperity-without-growth.pdf

Book Short Summary:

What can prosperity possibly mean in a world of environmental and social limits? The publication of Prosperity without Growth was a landmark in the sustainability debate. Tim Jackson’s piercing challenge to conventional economics openly questioned the most highly prized goal of politicians and economists alike: the continued pursuit of exponential economic growth. Its findings provoked controversy, inspired debate and led to a new wave of research building on its arguments and conclusions. This substantially revised and re-written edition updates those arguments and considerably expands upon them. Jackson demonstrates that building a ‘post-growth’ economy is a precise, definable and meaningful task. Starting from clear first principles, he sets out the dimensions of that task: the nature of enterprise; the quality of our working lives; the structure of investment; and the role of the money supply. He shows how the economy of tomorrow may be transformed in ways that protect employment, facilitate social investment, reduce inequality and deliver both ecological and financial stability. Seven years after it was first published, Prosperity without Growth is no longer a radical narrative whispered by a marginal fringe, but an essential vision of social progress in a post-crisis world. Fulfilling that vision is simply the most urgent task of our times.

Review of Austrian Economics

By Murray N. Rothbard,Walter Block
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Ludwig von Mises Institute
  • Book Code : 1610165381
  • Total of Pages : 287
  • Category :
  • Members : 399
  • Pdf File: review-of-austrian-economics.pdf

Book Short Summary:

Murray Rothbard had long dreamed of an Austrian academic journal. In 1986, his dream came true. The Mises Institute published it, and it changed everything. The Austrians could focus on internal development, highlight the contrast with the mainstream, and show their wares to the profession and the world at large. Rothbard was an exacting editor, and results are spectacular and historic. The individual issues have been nearly impossible to find, until now. Today you can own the entire set as digital books, learn from the pioneering articles that Murray and his co editors saw as crucial, and see what gave the modern Austrian movement its scholarly momentum.

Capitalism without Capital

By Jonathan Haskel,Stian Westlake
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Princeton University Press
  • Book Code : 1400888328
  • Total of Pages : 288
  • Category : Business & Economics
  • Members : 188
  • Pdf File: capitalism-without-capital.pdf

Book Short Summary:

The first comprehensive account of the growing dominance of the intangible economy Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, R&D, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, from tech firms and pharma companies to coffee shops and gyms, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the big economic changes of the last decade. The rise of intangible investment is, Jonathan Haskel and Stian Westlake argue, an underappreciated cause of phenomena from economic inequality to stagnating productivity. Haskel and Westlake bring together a decade of research on how to measure intangible investment and its impact on national accounts, showing the amount different countries invest in intangibles, how this has changed over time, and the latest thinking on how to assess this. They explore the unusual economic characteristics of intangible investment, and discuss how these features make an intangible-rich economy fundamentally different from one based on tangibles. Capitalism without Capital concludes by presenting three possible scenarios for what the future of an intangible world might be like, and by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies.

The Social Effects of Economic Thinking

By William Van Lear
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Springer
  • Book Code : 1137494018
  • Total of Pages : 138
  • Category : Political Science
  • Members : 551
  • Pdf File: the-social-effects-of-economic-thinking.pdf

Book Short Summary:

The book explains how social outcomes result from the influence of economic ideas which are themselves strongly impacted by the distribution of power in society. The book examines policies and programs of contending interests, emphasizing the importance of socio-economic issues stemming from quasi-economic stagnation.

Hayek and After

By Jeremy Shearmur
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Psychology Press
  • Book Code : 0415406846
  • Total of Pages : 268
  • Category : Business & Economics
  • Members : 351
  • Pdf File: hayek-and-after.pdf

Book Short Summary:

This book offers a distinctive treatment of Hayek's ideas as a 'research programme'. It presents a detailed account of aspects of Hayek's intellectual development and problems that arise within his work, and offers some broad suggestions of ways in which the programme initiated in his work might be developed further. The book opens with an overview, and then discusses how Popper and Lakatos's ideas about research programmes might be applied within political theory. There then follows a distinctive presentation of Hayek's intellectual development up to The Road to Serfdom, together with critical engagement with his later ideas. The discussion draws on a full range of his writings, makes use of some neglected earlier work on social theory and law, and also draws on archival material. The book also makes some unusual comparisons, including discussions of Gaventa and of E. P. Thompson, and presents controversial suggestions on how a 'Hayekian' approach should be further developed. The book will appeal to anyone with an interest in Hayek's work and to those concerned with twentieth century intellectual history. It offers a distinctive interpretation of his views and a particularly wide-ranging survey of what in the author's view now needs to be done in the pursuit of a Hayekian approach to classical liberalism.

Questioning the Utopian Springs of Market Economy

By Damien Cahill,Martijn Konings,Adam David Morton
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 1000224996
  • Total of Pages : 176
  • Category : Political Science
  • Members : 994
  • Pdf File: questioning-the-utopian-springs-of-market-economy.pdf

Book Short Summary:

Revisiting the magnetic poles of Karl Polanyi and Friedrich Hayek on the utopian springs of political economy, this book seeks to provide a compass for questioning the market economy of the twenty-first century. For Polanyi, in The Great Transformation, the utopian springs of the dogma of liberalism existed within the extension of the market mechanism to the ‘fictitious commodities’ of land, labour, and money. There was nothing natural about laissez-faire. The progress of the utopia of a self-regulating market was backed by the state and checked by a double movement, which attempted to subordinate the laws of the market to the substance of human society through principles of self-protection, legislative intervention, and regulation. For Hayek, in The Road to Serfdom, the utopia of freedom was threatened by the abandonment of individualism and classical liberalism. The tyranny of government interventionism led to the loss of freedom, the creation of an oppressive society, and the despotism of dictatorship that led to the serfdom of the individual. Economic planning in the form of socialism and fascism had commonalities that stifled individual freedom. Against the power of the state, the guiding principle of the policy of freedom for the individual was advocated. Taking these different aspects of market economy as its point of departure, this book promises to deliver a set of essays by leading commentators on twenty- first- century political economy debates relevant to the present conjuncture of neoliberalism. The chapters in this book were originally published in a special issue of the journal Globalizations.

Studies on the Abuse and Decline of Reason

By F.A Hayek
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 1136604375
  • Total of Pages : 331
  • Category : Business & Economics
  • Members : 294
  • Pdf File: studies-on-the-abuse-and-decline-of-reason.pdf

Book Short Summary:

"The studies of which this book is the result have from the beginning been guided by and in the end confirmed the somewhat old-fashioned conviction of the author that it is human ideas which govern the development of human affairs," Hayek wrote in his notes in 1940. Indeed, Studies on the Abuse and Decline of Reason remains Hayek’s greatest unfinished work and is here presented for the first time under the expert editorship of Bruce Caldwell. In the book, Hayek argues that the abuse and decline of reason was caused by hubris, by man’s pride in his ability to reason, which in Hayek’s mind had been heightened by the rapid advance and multitudinous successes of the natural sciences, and the attempt to apply natural science methods in the social sciences.

Sraffa and the Reconstruction of Economic Theory: Volume Two

By E. Levrero,A. Palumbo,A. Stirati
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Springer
  • Book Code : 113731916X
  • Total of Pages : 299
  • Category : Business & Economics
  • Members : 866
  • Pdf File: sraffa-and-the-reconstruction-of-economic-theory.pdf

Book Short Summary:

Written on the occasion of the 50th anniversary of the publication of Piero Sraffa's Production of Commodities by Means of Commodities, the papers selected and contained in Sraffa and the Reconstruction of Economic Theory account for the work completed around the two central aspects of his contribution to economic analysis, namely the criticism of the neoclassical (or marginalist) theory of value and distribution, and the reconstruction of economic theory along the lines of the Classical approach. Divided into three volumes, Sraffa and the Reconstruction of Economic Theory debates the most fruitful routes for advancement in this field and their implications for applied and policy analysis. This second volume focuses on the theory of output and growth as developed in the modern classical approach on the basis of the extension to the long run of the Keynesian principle of effective demand, and on the implications of the revival of the classical approach for policy analysis and for understanding the evolution of the international economic order in the last few decades.

Political Economy, Public Policy and Monetary Economics

By Richard M Ebeling
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 1135172218
  • Total of Pages : 352
  • Category : Business & Economics
  • Members : 633
  • Pdf File: political-economy-public-policy-and-monetary-economics.pdf

Book Short Summary:

Austrian economist, Ludwig von Mises, was one of the most original and controversial economists of the 20th century, both as a defender of free-market liberalism and a leading opponent of socialism and the interventionist-welfare state. He was both the grant designer of a political economy of freedom and a trenchant, detailed critic of government regulatory and monetary policies in the first half of the 20th century. This fascinating book explores the cultural currents of anti-Semitism in Austria before and after the First World War that Mises confronted as an Austrian Jew; his analysis of Austria-Hungary’s establishment of a gold standard; Mises’ multi-sided activities in the years after the World War I in stemming a hyperinflation, opposing government fiscal mismanagement, and resisting misguided policies during the Great Depression; and his analysis of how Europe plunged into World War II and the policies to restore freedom and prosperity in the post-war period. It also discusses the confrontation between the Austrian Economists and the Keynesians over the causes and cures for the Great Depression, as well as how Mises’ "Austrian" approach to money and the business cycle contrasted with both the ideas of Joseph A. Schumpeter and the Swedish Economists of the interwar period. This volume breaks new ground in placing Ludwig von Mises’ many original views on political economy, public policy and monetary economics in the historical context of his time, especially during the interwar period when he was a senior economic analyst for the Vienna Chamber of Commerce and after his arrival in America during World War II. The book will therefore be of interest to students and researchers in monetary economics, political economy, expectations theory and the market process, and the history of economic thought.

Socialism and War

By Bruce Caldwell
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 0429637918
  • Total of Pages : 282
  • Category : Business & Economics
  • Members : 660
  • Pdf File: socialism-and-war.pdf

Book Short Summary:

This volume draws on Hayek's shorter articles for weeklies, and his reviews, as well as academic papers and articles. It also includes a substantial introduction, providing full background and outlining the significance of this period for Hayek's intellectual development. The material is divided into three sections: *Hayek's contributions to the famous market socialism debate *Hayek's responses to the onset of war, including his response to Keynes' How to Pay for the War *his papers on the relationship between economic planning and freedom

Hayek's Journey

By A. Ebenstein
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Springer
  • Book Code : 1403973792
  • Total of Pages : 283
  • Category : Business & Economics
  • Members : 404
  • Pdf File: hayek-s-journey.pdf

Book Short Summary:

While Alan Ebenstein's biography of Friedrich Hayek was the first biography of this major twentieth century thinker, the book itself was not - per se - an intellectual biography. Hayek's Journey will be the follow-up volume that will give readers an in-depth look at the evolution of his thought, the influence of the Austrian School of Economics, the roles of Wittgenstein, Freud and Kant in his thinking; his relationship with Karl Popper, etc. This will become a classic of Hayek scholarship by the author credited with writing the first biography of a man who is now widely-regarded as a seer in relationship to the course of the twentieth century.

Philosophy, Politics, and Austrian Economics

By Daniel J. D'Amico,Adam G. Martin
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Emerald Group Publishing
  • Book Code : 1838674055
  • Total of Pages : 280
  • Category : Business & Economics
  • Members : 817
  • Pdf File: philosophy-politics-and-austrian-economics.pdf

Book Short Summary:

Philosophy, Politics, and Economics, as an interdisciplinary endeavour, has surged in popularity in recent years. Work in this field usually draws on standard microeconomics to grapple with questions from political philosophy. But what might Austrian economics, which provides an alternative approach, have to offer to this endeavour?

The Pure Theory of Capital

By F. A. Hayek
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 1136748865
  • Total of Pages : 36
  • Category : Business & Economics
  • Members : 353
  • Pdf File: the-pure-theory-of-capital.pdf

Book Short Summary:

F. A. Hayek’s long-overlooked volume, was his most detailed work in economic theory. Originally published in 1941 when fashionable economic thought had shifted to John Maynard Keynes, Hayek’s manifesto of capital theory is now available again for today’s students and economists to discover. With a new introduction by Hayek expert Lawrence H. White, who firmly situates the book not only in historical and theoretical context but within Hayek’s own life and his struggle to complete the manuscript, this edition commemorates the celebrated scholar’s last major work in economics. Offering a detailed account of the equilibrium relationships between inputs and outputs in an economy, Hayek’s stated objective was to make capital theory "useful for the analysis of the monetary phenomena of the real world.” His ambitious goal was nothing less than to develop a capital theory that could be fully integrated into the business cycle theory.

Making Sense of a Changing Economy

By Edward Nell
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 1134777523
  • Total of Pages : 240
  • Category : Business & Economics
  • Members : 669
  • Pdf File: making-sense-of-a-changing-economy.pdf

Book Short Summary:

In Making Sense of Economics Edward Nell presents an unorthodox and original view of the current state of economic theory and policies. Deriding the general trend for 'econobabble', the author explains the reason why conventional wisdom in economics now seems irrelevant and looks to likely future scenarios. Entertaining throughout, Nell employs a lightness of touch and wit not generally associated with economic literature. It is an accessible and enjoyable read which requires minimal prior knowledge of econoimcs. It will appeal to those who care what is really happening in the economy.

The Economic Point of View

By Israel M. Kirzner
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Ludwig von Mises Institute
  • Book Code : 161016282X
  • Total of Pages : 228
  • Category : Economics
  • Members : 387
  • Pdf File: the-economic-point-of-view.pdf

Book Short Summary:

Read and download full book The Economic Point of View

Hayek's Challenge

By Bruce Caldwell
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : University of Chicago Press
  • Book Code : 0226091929
  • Total of Pages : 500
  • Category : Business & Economics
  • Members : 612
  • Pdf File: hayek-s-challenge.pdf

Book Short Summary:

Friedrich A. Hayek is regarded as one of the preeminent economic theorists of the twentieth century, as much for his work outside of economics as for his work within it. During a career spanning several decades, he made contributions in fields as diverse as psychology, political philosophy, the history of ideas, and the methodology of the social sciences. Bruce Caldwell—editor of The Collected Works of F. A. Hayek—understands Hayek's thought like few others, and with this book he offers us the first full intellectual biography of this pivotal social theorist. Caldwell begins by providing the necessary background for understanding Hayek's thought, tracing the emergence, in fin-de-siècle Vienna, of the Austrian school of economics—a distinctive analysis forged in the midst of contending schools of thought. In the second part of the book, Caldwell follows the path by which Hayek, beginning from the standard Austrian assumptions, gradually developed his unique perspective on not only economics but a broad range of social phenomena. In the third part, Caldwell offers both an assessment of Hayek's arguments and, in an epilogue, an insightful estimation of how Hayek's insights can help us to clarify and reexamine changes in the field of economics during the twentieth century. As Hayek's ideas matured, he became increasingly critical of developments within mainstream economics: his works grew increasingly contrarian and evolved in striking—and sometimes seemingly contradictory—ways. Caldwell is ideally suited to explain the complex evolution of Hayek's thought, and his analysis here is nothing short of brilliant, impressively situating Hayek in a broader intellectual context, unpacking the often difficult turns in his thinking, and showing how his economic ideas came to inform his ideas on the other social sciences. Hayek's Challenge will be received as one of the most important works published on this thinker in recent decades.

Handbook of Public Economics

By Martin Feldstein,A.J. Auerbach
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Elsevier
  • Book Code : 9780080544199
  • Total of Pages : 674
  • Category : Business & Economics
  • Members : 756
  • Pdf File: handbook-of-public-economics.pdf

Book Short Summary:

The Field of Public Economics has been changing rapidly in recent years, and the sixteen chapters contained in this Handbook survey many of the new developments. As a field, Public Economics is defined by its objectives rather than its techniques and much of what is new is the application of modern methods of economic theory and econometrics to problems that have been addressed by economists for over two hundred years. More generally, the discussion of public finance issues also involves elements of political science, finance and philosophy. These connections are evidence in several of the chapters that follow. Public Economics is the positive and normative study of government's effect on the economy. We attempt to explain why government behaves as it does, how its behavior influences the behavior of private firms and households, and what the welfare effects of such changes in behavior are. Following Musgrave (1959) one may imagine three purposes for government intervention in the economy: allocation, when market failure causes the private outcome to be Pareto inefficient, distribution, when the private market outcome leaves some individuals with unacceptably low shares in the fruits of the economy, and stabilization, when the private market outcome leaves some of the economy's resources underutilized. The recent trend in economic research has tended to emphasize the character of stabilization problems as problems of allocation in the labor market. The effects that government intervention can have on the allocation and distribution of an economy's resources are described in terms of efficiency and incidence effects. These are the primary measures used to evaluate the welfare effects of government policy.

A Select Bibliography of Modern Economic Theory 1870-1929

By Harold E. Batson
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 1136506969
  • Total of Pages : 240
  • Category : Business & Economics
  • Members : 389
  • Pdf File: a-select-bibliography-of-modern-economic-theory-1870-1929.pdf

Book Short Summary:

A bibliography of this kind has long been needed. The book is clearly and accurately printed and well arranged." Times Literary Supplement. The scope of the bibliography is economic theory between 1870-1929, the heyday of the neo-classical revolution. The first part of the work is a series of select bibliographies of the different branches of theory. The second part covers a series of bibliographies of the works of key authors. * Bibliography covers American & English publications and German, French and Italian sources. * Subjects covered include: International Trade, Risk, Supply & Demand, Competition & Monopoly, Taxation and Public Expenditure.

Adam Smith’s America

By Glory M. Liu
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Princeton University Press
  • Book Code : 0691240876
  • Total of Pages : 384
  • Category : Business & Economics
  • Members : 111
  • Pdf File: adam-smith-s-america.pdf

Book Short Summary:

The unlikely story of how Americans canonized Adam Smith as the patron saint of free markets Originally published in 1776, Adam Smith’s The Wealth of Nations was lauded by America’s founders as a landmark work of Enlightenment thinking about national wealth, statecraft, and moral virtue. Today, Smith is one of the most influential icons of economic thought in America. Glory Liu traces how generations of Americans have read, reinterpreted, and weaponized Smith’s ideas, revealing how his popular image as a champion of American-style capitalism and free markets is a historical invention. Drawing on a trove of illuminating archival materials, Liu tells the story of how an unassuming Scottish philosopher captured the American imagination and played a leading role in shaping American economic and political ideas. She shows how Smith became known as the father of political economy in the nineteenth century and was firmly associated with free trade, and how, in the aftermath of the Great Depression, the Chicago School of Economics transformed him into the preeminent theorist of self-interest and the miracle of free markets. Liu explores how a new generation of political theorists and public intellectuals has sought to recover Smith’s original intentions and restore his reputation as a moral philosopher. Charting the enduring fascination that this humble philosopher from Scotland has held for American readers over more than two centuries, Adam Smith’s America shows how Smith continues to be a vehicle for articulating perennial moral and political anxieties about modern capitalism.

The Market and Other Orders

By F. A. Hayek
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : University of Chicago Press
  • Book Code : 022608969X
  • Total of Pages : 520
  • Category : Business & Economics
  • Members : 700
  • Pdf File: the-market-and-other-orders.pdf

Book Short Summary:

In addition to his groundbreaking contributions to pure economic theory, F. A. Hayek also closely examined the ways in which the knowledge of many individual market participants could culminate in an overall order of economic activity. His attempts to come to terms with the “knowledge problem” thread through his career and comprise the writings collected in the fifteenth volume of the University of Chicago Press’s Collected Works of F. A. Hayek series. The Market and Other Orders brings together more than twenty works spanning almost forty years that consider this question. Consisting of speeches, essays, and lectures, including Hayek’s 1974 Nobel lecture, “The Pretense of Knowledge,” the works in this volume draw on a broad range of perspectives, including the philosophy of science, the physiology of the brain, legal theory, and political philosophy. Taking readers from Hayek’s early development of the idea of spontaneous order in economics through his integration of this insight into political theory and other disciplines, the book culminates with Hayek’s integration of his work on these topics into an overarching social theory that accounts for spontaneous order in the variety of complex systems that Hayek studied throughout his career. Edited by renowned Hayek scholar Bruce Caldwell, who also contributes a masterly introduction that provides biographical and historical context, The Market and Other Orders forms the definitive compilation of Hayek’s work on spontaneous order.

Elgar Companion to Hayekian Economics

By Roger W Garrison,Norman Barry
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Edward Elgar Publishing
  • Book Code : 0857931113
  • Total of Pages : 416
  • Category : Business & Economics
  • Members : 221
  • Pdf File: elgar-companion-to-hayekian-economics.pdf

Book Short Summary:

The Elgar Companion to Hayekian Economics provides an in-depth treatment of Friedrich August von Hayekês economic thought from his technical economics of the 1920s and 1930s to his broader views on the spontaneous order of a free society. Taken togethe

Capital and Interest

By Lawrence H. White
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 1134862350
  • Total of Pages : 208
  • Category : Business & Economics
  • Members : 729
  • Pdf File: capital-and-interest.pdf

Book Short Summary:

Produced throughout the first fifteen years of Hayek's career, the writings collected in Capital and Interest see Hayek elaborate upon and extend his landmark lectures that were published as Prices and Production and work toward the technically sophisticated line of thought seen in his later Pure Theory of Capital. Illuminating the development of Hayek's detailed contributions to capital and interest theory, the collection also sheds light on how Hayek's work related to other influential economists of the time. Highlights include the 1936 article 'The Mythology of Capital' presented here alongside Frank Knight's criticisms of the Austrian theory of capital that prompted it - and 'The Maintenance of Capital', with subsequent comments by the English economist A. C. Pigou. These and other familiar works are accompanied by lesser-known articles and lectures, including a lecture on technological progress and excess capacity. An introduction by the book's editor, leading Hayek scholar Lawrence H. White, places Hayek's contributions in careful historical context, with ample footnotes and citations for further reading, making this a touchstone addition to the University of Chicago Press's Collected Works of F. A. Hayek series.

Towards a Theoretical Framework for British and International Economic History

By Sudha R. Shenoy
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Ludwig von Mises Institute
  • Book Code : 1933550635
  • Total of Pages : 533
  • Category : Economic history
  • Members : 600
  • Pdf File: towards-a-theoretical-framework-for-british-and-international-economic-history.pdf

Book Short Summary:

Read and download full book Towards a Theoretical Framework for British and International Economic History

Rediscovering Political Economy

By Joseph Postell,Bradley C. S. Watson
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Lexington Books
  • Book Code : 0739166611
  • Total of Pages : 272
  • Category : Political Science
  • Members : 202
  • Pdf File: rediscovering-political-economy.pdf

Book Short Summary:

In this volume, Bradley C. S. Watson and Joseph Postell bring together some of America's most eminent thinkers on political economy in an attempt to reconnect the discipline of economics to larger discussions about the human good. The book shows how political ideas and economic theories can—and must—inform each other, and is essential reading for anyone interested in politics, economics, history, and culture.

The Quest for Civil Order

By Chor-yung Cheung
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Andrews UK Limited
  • Book Code : 1845406826
  • Total of Pages : 255
  • Category : Philosophy
  • Members : 831
  • Pdf File: the-quest-for-civil-order.pdf

Book Short Summary:

Examines four notable thinkers in the field of modern social and political theory, with a view to determining how far it is possible to create and maintain a non-coercive but sustainable political order under conditions of diversity in contemporary Western democracies.

Contra Keynes and Cambridge

By F. A. Hayek
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : University of Chicago Press
  • Book Code : 0226321142
  • Total of Pages : 277
  • Category : Business & Economics
  • Members : 900
  • Pdf File: contra-keynes-and-cambridge.pdf

Book Short Summary:

In 1931, when the young F. A. Hayek challenged the economic theories of John Maynard Keynes, sixteen years his senior, and one of the world's leading economists, he sparked a spirited debate that would influence economic policy in democratic countries for decades. Their extensive exchange lasted until Keynes's death in 1946, and is reprinted in its entirety in this latest volume of The Collected Works of F. A. Hayek. When the journal Economica published a review of Keynes's Treatise on Money by Hayek in 1931, Keynes's response consisted principlally of an attack on Hayek's own work on monetary theory, Prices and Production. Conducted almost entirely in economics journals, the battle that followed revealed two very different responses to a world in economic crisis. Keynes sought a revision of the liberal political order—arguing for greater government intervention in the hope of protecting against the painful fluctuations of the business cycle. Hayek instead warned that state involvement would cause irreparable damage to the economy. This volume begins with Hayek's 1963 reminiscence "The Economics of the 1930s as Seen from London," which has never been published before. The articles, letters, and reviews from journals published in the 1930s are followed by Hayek's later reflections on Keynes's work and influence. The Introduction by Bruce Caldwell puts the debate in context, providing detailed information about the economists in Keynes's circle at Cambridge, their role in the acceptance of his ideas, and the ways in which theory affected policy during the interwar period. Caldwell calls the debate between Hayek and Keynes "a battle for the minds of the rising generation of British-trained economists." There is no doubt that Keynes won the battle during his lifetime. Now, when many of Hayek's ideas have been vindicated by the collapse of collectivist economies and the revival of the free market around the world, this book clarifies Hayek's work on monetary theory—formed in heated opposition to Keynes—and illuminates his efforts to fight protectionism in an age of economic crisis. F. A. Hayek (1899-1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economics in 1974, was a pioneer in monetary theory and the principal proponent of classical liberal thought in the twentieth century. He taught at the University of London, the University of Chicago, and the University of Freiburg.

The Adam Smith Review Volume 8

By Fonna Forman
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 1317569326
  • Total of Pages : 330
  • Category : Business & Economics
  • Members : 804
  • Pdf File: the-adam-smith-review-volume-8.pdf

Book Short Summary:

Adam Smith’s contribution to economics is well-recognised, but in recent years scholars have been exploring anew the multidisciplinary nature of his works. The Adam Smith Review is a refereed annual review that provides a unique forum for interdisciplinary debate on all aspects of Adam Smith’s works, his place in history, and the significance of his writings to the modern world. It is aimed at facilitating debate between scholars working across the humanities and social sciences, thus emulating the reach of the Enlightenment world which Smith helped to shape. The eighth volume of the series contains contributions form a multidisciplinary range of specialists, including Fonna Forman, Ryan Patrick Hanley, Dionysis Drosos, Matti Norri, Adelino Zanini, Cesare Cozzo, Estrella Trincado, Michaël Biziou, Carsten Herrmann-Pillath, Heinrique Schnieder, The Right Honorable Gordon Brown, Gavin Kennedy, Iain McLean, Vernon Smith, Alan Lopez, John Thrasher, Tom Martin, Brian Glenney, Şule Özler, Paul A. Gabrinetti, Craig Smith, Michelle A. Schwarze, Edwin van de Haar, Farhad Rassekh, Lauren Brubaker, Gordon Graham and Eric Schliesser. Themes of the volume include: Translating Smith’s Theory of Moral Sentiments Smith and China Adam Smith in Kirkcaldy

A Philosopher's Economist

By Margaret Schabas,Carl Wennerlind
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : University of Chicago Press
  • Book Code : 022669125X
  • Total of Pages : 328
  • Category : Philosophy
  • Members : 381
  • Pdf File: a-philosopher-s-economist.pdf

Book Short Summary:

Although David Hume’s contributions to philosophy are firmly established, his economics has been largely overlooked. A Philosopher’s Economist offers the definitive account of Hume’s “worldly philosophy” and argues that economics was a central preoccupation of his life and work. Margaret Schabas and Carl Wennerlind show that Hume made important contributions to the science of economics, notably on money, trade, and public finance. Hume’s astute understanding of human behavior provided an important foundation for his economics and proved essential to his analysis of the ethical and political dimensions of capitalism. Hume also linked his economic theory with policy recommendations and sought to influence people in power. While in favor of the modern commercial world, believing that it had and would continue to raise standards of living, promote peaceful relations, and foster moral refinement, Hume was not an unqualified enthusiast. He recognized many of the underlying injustices of capitalism, its tendencies to promote avarice and inequality, as well as its potential for political instability and absolutism. Hume’s imprint on modern economics is profound and far reaching, whether through his close friend Adam Smith or later admirers such as John Maynard Keynes and Friedrich Hayek. Schabas and Wennerlind’s book compels us to reconsider the centrality and legacy of Hume’s economic thought—for both his time and ours—and thus serves as an important springboard for reflections on the philosophical underpinnings of economics.

Economics and Utopia

By Geoffrey M Hodgson
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 1134643209
  • Total of Pages : 368
  • Category : Business & Economics
  • Members : 864
  • Pdf File: economics-and-utopia.pdf

Book Short Summary:

Since the fall of the Berlin Wall we have been told that no alternative to Western capitalism is possible or desirable. This book challenges this view with two arguments. First, the above premise ignores the enormous variety within capitalism itself. Second, there are enormous forces of transformation within contemporary capitalisms, associated with moves towards a more knowledge-intensive economy. These forces challenge the traditional bases of contract and employment, and could lead to a quite different socio-economic system. Without proposing a static blueprint, this book explores this possible scenario.