Muss ökonomische Theorie evolutorisch sein, weil auch ihr Erkenntnisobjekt »wesensmäßig« evolutorisch ist? Der Tagungsband des Ausschusses für die Geschichte der Wirtschaftswissenschaften geht der dogmenhistorischen Einordnung des Themas »Ökonomie und Evolution« nach. Die Beiträge...

The subsequent analysis provides a ‘model of monetarism', summarizing the characteristic properties of monetarist reasoning. The focus is not on Friedman alone, but includes the contributions of Karl Brunner and Allan Meltzer, who - in contrast to Friedman - placed particular emphasis on the...

The present study raises the following questions: To what extent is axiomatic general equilibrium analysis a rational reconstruction of Scottish Political Economy as defined by the writings of David Hume and Adam Smith? How much is gained and how much lost by the axiomatic transformation of the...

This paper addresses Ludwig von Mises's business cycle theory at maturity, as advanced in his opus magnum Human Action. In this work, Mises embeds the business cycle theory which he initially developed in Theorie des Geldes und der Umlaufmittel into the broad context of his methodological...

This paper translates F.A. Hayek's informal capital theory into a dynamic equilibrium model. The focus is restricted to Hayek's largely unrecognized contribution in "Utility Analysis and Interest", published by The Economic Journal in 1936, being restated in "The Pure Theory of Capital", first...