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Persistent link: https://www.econbiz.de/10014199438
's book Theory and History possesses considerable untapped potential in this regard. The Preface's merits as an introductory …
Persistent link: https://www.econbiz.de/10012828656
What is the relationship between central planning, pervasive shortages, and soft budget constraints under socialism? In this paper, we address this question by exploring the evolution of János Kornai’s work on the operation of real-world socialism. In doing so, our goal is to reframe...
Persistent link: https://www.econbiz.de/10014090581
This paper addresses the question of whether the Austrian theory of interventionism helps us understand what growth … economists call decelerations or slowdowns. It is proposed that the theory of stagnation based on non-productive entrepreneurship … (Coyne, Sobel and Dove 2010) complements the theory of interventionism, and when they are combined, a theory of slowdowns is …
Persistent link: https://www.econbiz.de/10014163136
Harding administration's fiscal policy. They also engage a caricatured version of Keynesian theory and policy, which ignores …
Persistent link: https://www.econbiz.de/10013144724
What is the relationship between central planning, pervasive shortages, and soft budget constraints under socialism? In this paper, we address this question by exploring the evolution of János Kornai’s work on the operation of real-world socialism. In doing so, our goal is to reframe...
Persistent link: https://www.econbiz.de/10013251644
The aim of this article is to investigate the relationship between the praxeology of L. von Mises and the theory of … action of Alfred Schütz. Because of the importance that Mises’ theory has had on economics it is interesting to highlight the … theory of the action is being more and more diffused in the social sciences and in the second place, because the importance …
Persistent link: https://www.econbiz.de/10003935368
The ethical and legal thought of Thomas Aquinas and F. A. Hayek emerged out of distinct philosophical traditions. Aquinas, following the Aristotelian tradition, emphasized the inexact character of ethics and hence the mutability of law due to the contingency of particular circumstances. Hayek,...
Persistent link: https://www.econbiz.de/10014056888
Dieser Beitrag skizziert eine Problemgeschichte des Liberalismus und bestimmt dann den Stellenwert, den Ludwig von Mises als Theoretiker des Liberalismus beanspruchen kann: im Hinblick auf die Vergangenheit, aber auch im Hinblick auf die Zukunft des liberalen Programms.
Persistent link: https://www.econbiz.de/10011786658
Mises. It reconstructs his approach against socialism, his works on liberalism, and finally his contribution to moral theory. …
Persistent link: https://www.econbiz.de/10011786659