contemporary research, which places a stronger focus on the moral philosophy delineated by Smith in his book "The Theory of Moral …

the theory originally developed by Carl Menger in his groundbreaking Principles of Economics. I specifically contrast … Kirzner’s perspective with Menger’s theory regarding the concept of economic good, which offers insights into how and by whom … goods are valued and the implications for the Austrian theory of entrepreneurship and production. Following my assessment …

by Adam Smith in the Theory of moral sentiments and connect these with the themes Smith subsequently discusses in the … addressed instead by formal mechanisms in the WN - particularly the third-party institutions of law and anonymous market …

Forschungsarbeit berücksichtigt. Zweitens geht der ökonomische Ansatz zur Wirtschaftsethik - oder kurz: die Ordnungsethik - vor dem …