Austrian Economics, Neoclassicism, and the Market Test
نویسندگان
چکیده
منابع مشابه
Austrian Economics and the “market Test”: a Comment on Laband and Tollison
While teaching my classmates and me graduate microeconomics at Auburn University in 1995, David Laband recounted a story from his first year of doctoral studies in economics at Virginia Polytechnic Institute. As he read for a class taught by Gordon Tullock, Laband came upon what he believed was an error by Milton Friedman. The then-graduate student went to Tullock’s office, where the professor,...
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Although the ecological tradition tends to favour a substantive role for non-market institutions in securing objectives such as environmental sustainability, Green theorists have paid relatively little attention to the important challenge posed to such proposals by the promarket arguments of Austrian Economics. The methods of Ecological Economics, such as multiple criteria evaluation, offer imp...
متن کاملAustrian Economics , Neoclassical Economics , Marketing , and Finance
51 WALTER BLOCK is the Harold E. Wirth eminent scholar endowed chair in economics, WILLIAM BARNETT II is associate professor of economics, and STUART WOOD is associate professor of economics and finance at Loyola University, New Orleans. Block would like to thank David Kennedy, Tony Sullivan, and the Board of Directors of the Earhart Foundation for financial support used to write this paper. An...
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Over the generations, the popularity of the Austrian School’s approach to economics has risen, fallen, and risen again. Figure 1 represents a speculative guess at the “market share” of Austrian ideas among academic economists, where “Austrian” is broadly defined as individuals who believe in, or are at least highly sympathetic to, most of the core doctrine emanating from the Austrian School fou...
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ژورنال
عنوان ژورنال: Journal of Economic Perspectives
سال: 1997
ISSN: 0895-3309
DOI: 10.1257/jep.11.4.153