The Meaning of Market Process: Essays in the Development of Modern Austrian Economics (Foundations of the Market Economy)

The Meaning of Market Process: Essays in the Development of Modern Austrian Economics (Foundations of the Market Economy)
Автор
 
Год
 
Страниц
 
240
ISBN
 
0415068665
Издатель
 
Palgrave Macmillan
Категория
 
История бизнеса

Содержание:

Искусство Древней Руси

Описание:

Israel M. Kirzner, the foremost proponent of the modern Austrian theory of the market process, offers substantive new insights and a historical interpretation of how the ideas of the modern Austrians emerged. The Austrian theory criticizes the ``tight equilibrium' approach of mainstream economics by emphasizing the role of ignorance, uncertainty and the passage of time. Yet modern Austrians do not reject the major conclusions of economics; instead, they steer a middle course between those who believe the world is always in full coordination and those who believe it has no coordinating properties.

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