Steven Horwitz is Associate Professor of Economics at St.Lawrence University, New York
In the past, Austrian economics has been seen as almost exclusively focused on microeconomics. Here,Steven Horwitz constructs a systematic presentation of what Austrian macroeconomics would look like. This original and highly accessible work will be of great value and interest to professional economists and students.
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It provides a valuable and unique, synthesis of old and new contributions to Austrian Literatures, constructing a macroeconomic theory on Austrian Economics
It provides a very accessible introduction to Austrian Economics in general and Austrain monetary economics in particular.
Part I: Introduction 1: Introduction: Is there an Austrian Macroeconomics? Part II: Market Process and Microeconomics 2: Prices, Knowledge and Economic Order 3: The Missing Link: Capital Theory as Microfoundations Part III: The Macroeconomics of Monetary Disequilibrium 4: Monetary Equilibrium as an Analytical Framework 5: Inflation, the Market Process, and Social Order 6: Monetary Equilibrium Theory and Deflation 7: W.H.Hutt on Price Rigidities and Macroeconomic Disorder Part IV: Policy Implications and Conclusions 8: Monetary Policy, Monetary Regimes, and Monetary Disequilibria 9: Conclusions: Microfoundations and Macroeconomics
This book constructs a systematic presentation of what Austrian macroeconomics would look like. The book is original and highly accessible and will appeal to professional economists and students.
Klappentext
This book constructs a systematic presentation of what Austrian macroeconomics would look like. The book is original and highly accessible and will appeal to professional economists and students.
