click on thumbnail to zoom

Advanced Introduction to the Austrian School of Economics

Average Rating:
Sells and ships via Amazon.
List Price: $27.95
Price: $26.55


'Randy Holcombe's Advanced Introduction to the Austrian School of Economics is a comprehensive and extremely readable introduction to the main ideas of this school of economic thought. Holcombe uses plenty of everyday examples and common sense wisdom to explain often esoteric sounding doctrines in very plain language. The result is an exemplar in clear thinking and clear writing. Ultimately, there is only 'good' economics and 'bad' economics. Holcombe demonstrates throughout this book why the common sense economics of Menger, Böhm-Bawerk, Mises, Hayek, Kirzner and Rothbard is part of the great lineage of 'good' economics, and how these ideas have a powerful and continuing relevance to science, scholarship, policy, and a broader world view about how the world works.'

- Peter J. Boettke, George Mason University, US

'I have become increasingly aware that, more times than not, mainstream economists who have an opinion about Austrian economics got that opinion from the critics of the Austrian school. This circumstance makes Randy Holcombe's insightful, refreshing and upbeat 'Advanced Introduction' an especially welcome addition to the Austrian literature.'
- Roger W. Garrison, Auburn University, US

Erudite, accessible and lucidly written, this book provides both a stimulating introduction and excellent summary of the core principles, ideas and diversity of modern Austrian economics. The Austrian school was well within the mainstream of economic thought by the 1930s, but fell from prominence by the middle of the twentieth century. There was a renewed interest in the Austrian school s ideas beginning in the 1970s which has accelerated recently, but many economists do not have a good understanding of the distinguishing values and characteristics that set it apart. This volume is aimed at readers who already have a familiarity with economic analysis, but would like to know more about the distinct philosophies of the Austrian school. The book succinctly but thoroughly covers all the major issues including:

- the market process decentralized knowledge and the role of firms and markets

- economic calculation

- money, banking and business cycles

- the resurgence of the Austrian school.

Contents: Preface 1. The Market Process 2. Decentralized Knowledge: The Role of Firms and Markets 3. Economic Calculation 4. Money, Banking, and Business Cycles 5. The Resurgence of the Austrian School References Index


Be the first to submit a review on this product!
Review and Rate this Item

ISBN 9781781955741
UPC 1781955743
Publisher Edward Elgar
Publication Date 5/1/2014
Binding PB
Page Length 144
Dimensions 6x9

Austrian School of Economics
A History of Its Ideas, Ambassadors, and Institutions
Price: $14.95
Austrian School of Economics - Audiobook
Click on the Audible or iTunes links to the right to purchase the fully functional audiobook, with true audiobook capabilities such as resume a...
Price: $3.75
Austrian School of Economics - Digital Book
The culture of 19th century Vienna, and the striking innovation that came with Carl Menger’s subjective theory of value. A thrilling account of the s...
Price: $5.00
Austrian School of Economics - MP3 CD
The culture of 19th century Vienna, and the striking innovation that came with Carl Menger’s subjective theory of value. A thrilling account of the s...
Price: $3.00
How to Think about the Economy: A Primer

This little book was written to accomplish something big: economic literacy. It is intentionally kept very short to be inviting rather than intimid...

Price: $2.00