Foundations of The Economics of Time and Ignorance

Foundations of The Economics of Time and Ignorance

The Economics of Time and Ignorance grew out of the need to reinvigorate the Austrian School in light of the challenges of contemporary economics. It did this by re-examining the foundations of the Austrian tradition and by making explicit many of its hidden assumptions and implications. The book al...

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Veröffentlicht in:The Review of Austrian economics 2013-03, Vol.26 (1), p.45-52
1. Verfasser: Rizzo, Mario J.
Format: Artikel
Sprache:eng
Schlagworte:
Economic history
Economic theory
Economics
Economics and Finance
History of Economic Thought/Methodology
Ignorance
Philosophers
Political Science
Profits
Public Finance
Studies
Time
Traditions
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Beschreibung
Zusammenfassung:The Economics of Time and Ignorance grew out of the need to reinvigorate the Austrian School in light of the challenges of contemporary economics. It did this by re-examining the foundations of the Austrian tradition and by making explicit many of its hidden assumptions and implications. The book also attempted to make Austrian economics more of an open system than it had been in the conservationist decades of the 1950s, 60s, and 70s. The degree to which it has been successful is examined in this essay.
ISSN:0889-3047
1573-7128
DOI:10.1007/s11138-012-0196-2