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The Market Process |
Edited by Peter J. Boettke, BB&T Professor for the Study of Capitalism, Mercatus Center and University Professor of Economics, George Mason University, US and David L. Prychitko, Head, Department of Economics, Northern Michigan University and Faculty Affiliate in the Program on Markets and Institutions, James M. Buchanan Center for Political Economy, George Mason University, US
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| 1994 |
328 pp |
Hardback |
978 1 85278 854 4 |
£79.00 |
on-line discount
£71.10 |
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‘The scholarly publication [the journal] Market Process played the central role in the transformation of the market process school from a hesitant subset of traditional Austrian economics into a bold new research programme. . . . The articles included here are among the best of contributions the Austrian school has ever made, and deserve to be given a wider readership.’
– From the foreword by Don Lavoie
The Market Process presents a series of important and innovative articles written by economists of the Austrian School. Covering the gamut of economic issues, including equilibrium theory, free banking, public choice, and the problems of contemporary social reform, the book is an ideal introduction to the diversity of contemporary Austrian economics and its innovative trajectory of research in the late twentieth century.
Drawing upon essays published in the journal Market Process during the 1980s, this book reflects an extended dialogue over the value and limitations of Austrian economics. It makes available to a wider audience contributions by some of the leading figures in the field. At the cutting edge of interdisciplinary research, it incorporates the latest developments in areas overlooked by neoclassical economists including process analysis, methodological subjectivism, and phenomenological hermeneutics.
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Contents: Volume I: Acknowledgements Introduction Part I: Performance: Classic Essays in the Theorectical Debate Part II: Performance under Diverse Structures and Systems Part III: Rights, Incentives, Innovation • Volume II: Acknowledgements Part I: Empirical Studies Index
Contributors: P.J. Boettke, D. Bordeaux, R.M. Ebeling, J. High, S. Horwitt, I.M. Kirzner, L.M. Lachmann, R. Langlois, D.L. Prychitko
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