Expectations and the meaning of institutions : essays in economics by Ludwig Lachmann
Author(s)
Bibliographic Information
Expectations and the meaning of institutions : essays in economics by Ludwig Lachmann
（Foundations of the market economy series / edited by Mario J. Rizzo and Lawrence H. White）
Routledge, 2014
- : pbk
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Note
Includes bibliographical references (p. 316-322) and index
Description and Table of Contents
Description
This collection of Ludwig Lachmann's essays challenges contemporary attitudes to economics and seeks to apply an interpretive approach to the discipline. The essays, spanning six decades, address a wide range of issues in microeconomics, macroeconomics, methodology and the history of thought. They outline Lachmann's approach to economics, with the emphasis on the meaning of human institutions in a world of unpredictable change, rather than on quantitative and stable relations. Collecting Lachmann's most important work together for the first time, it includes two essays never previously published.
Table of Contents
Part I Uncertainty, investment and economic crises Part II Capital and investment repercussions Part III Diagnosing the Austrian School's 'great depression', Part IV Subjectivism and the interpretation of institutions
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