The evolution of Austrian economics : from Menger to Lachmann
Author(s)
Bibliographic Information
The evolution of Austrian economics : from Menger to Lachmann
（Routledge studies in the history of economics, 24）
Routledge, 1999
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Note
Bibliography: p. [170]-181
Includes index
Description and Table of Contents
Description
This book argues, against the dominant orthodoxy in the history of economic thought, for the originality of Carl Menger's contribution to the development of the Austrian school of economics. Situating the evolution of Menger's thought in the tradition of classical political economy, the author documents the emergence of a Mengerian logic and its contribution to the formation of a distinctly Austrian tradition of economics.
In its bold elucidation of the shaping of a tradition in economic thought, Tradition and Innovation in Austrian Economics provides a fresh and challenging perspective on the Austrian school which will be of interest to researchers in Austrian economics and the history of economic thought.
Table of Contents
Introduction, Part 1: The Originality and Foundations of Menger's Logic, 1. A Particular Interpretation of Menger, 2. Confrontation with an A Posteriori Definition of Marginalism, Part 2: The Progressive Neglect of Menger's Originality, 3. Bohm-Bawerk's 'greatest error', 4. From Imputation to the Proof of Existence of General Equilibrium, 5. The 'Austrian' Theory of Cycles, Part 3: Menger's Legacy, 6. Reappearance of the Mengerian Essence, 7. The Limits of Austrian Praxeology: Rothbard's Line of Thought, 8. The Theory of Entrepreneurship: Kirner's Line of Thought, 9. The Extension of Subjectivism to Expectations: Lachman's Line of Thought, Part 4: Which Way Forward?, 10. Beyond Theoretical Nihilism, 11. Scope and Limits of the Austrian Analyses of Institutions, Conclusion. A Plea for an Opening up to Institutionalist Logic, Notes, Bibliography
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