Napjaink közgazdasági irodalmának a globalizáció egyik leggyakrabban tárgyalt fogalma. A Magyar Tudományos Akadémián tartott előadásában a szerző bemutatta, hogy a globalizáció jóval régebbi jelenség, mint gondolnánk. I. Ferenc József osztrák császárnak például már a...

In 1876, Carl Menger, then a young professor at the University of Vienna, was asked to teach the principles of political economy to Crown Prince Rudolf of Austria, the 17 year old only son of Emperor Francis Joseph, who was to die tragically before he could inherit the throne.

We explored the impact of exchange rate volatility on industrial production before and after the introduction of common currency for eleven European countries included in European Monetary Union and for four European countries that did not adopt ‘Euro’ as common currency. Study employed...

It is a common misunderstanding that nineteenth-century German economics rejected Ricardo and his thought. However, Ricardo exercised a strong influence on German views on production and distribution. In particular he influenced Wilhelm Roscher. Argues that Roscher in turn exercised a...

This thought-provoking book discusses the concept of progress in economics and investigates whether any advance has been made in its different spheres of research. The authors look back at the history, successes and failures of their respective fields and thoroughly examine the notion of...

The Elgar Companion to Austrian Economics is a major new reference work which highlights the common ground between all the branches of the school while demonstrating the breadth and diversity within it. The Companion reflects the many areas where Austrian economists have made contributions,...