The Meaning of Market Process: Essays in the Development of Modern Austrian Economics (Foundations of the Market Economy)

Book Cover......Page 1
Title......Page 4
Contents......Page 5
Preface......Page 10
Acknowledgements......Page 12
Market process theory: in defence of the Austrian middle ground......Page 16
The meaning of market process......Page 51
The Austrian School of economics......Page 70
Carl Menger and the subjectivist tradition in economics......Page 83
Menger, classical liberalism and the Austrian School of economics......Page 99
The economic calculation debate: lessons for Austrians......Page 113
Ludwig von Mises and Friedrich von Hayek: the modern extension of Austrian subjectivism......Page 132
Prices, the communication of knowledge and the discovery process......Page 152
Economic planning and the knowledge problem......Page 165
Knowledge problems and their solutions: some relevant distinctions......Page 176
Welfare economics: a modern Austrian perspective......Page 193
Self-interest and the new bashing of economics: a fresh opportunity in the perennial debate?......Page 208
Discovery, private property and the theory of justice in capitalist society......Page 222
Notes......Page 240
References......Page 246
Index......Page 255