This timely book presents a detailed critical reassessment of Schumpeter's analysis of capitalist motion identifying those aspects that remain relevant to an understanding of modern capitalism. It recognizes Schumpeter's very real achievement in giving prominence to entrepreneurial behaviour and...

This book applies a critical focus on the extent to which methodological practices in mainstream economic theory impede our understanding of substantive economic phenomena as the products of human action. Economists, in general, work with a concept and representation of the human agent that is...

This insightful book critically assesses the subjectivist metatheoretical origins of the revival of modern Austrian economics. It examines the ideas of the main contributors to the Austrian school, including von Mises, von Hayek and Lachmann.

This landmark book presents a critical study of the Austrian subjectivism of Menger and Mises and assesses their contribution in the light of contemporary philosophy of the human sciences. Allen Oakley lays emphasis on the subjectivism of Menger and Mises as the foundation of Austrian economics....

In Classical Economic Man, Allen Oakley argues that two of the fathers of modern economics espoused methodological strategies which rejected the concept of ‘economic man’ and gave primacy to the human origins of economic phenomena.