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The Ludwig von Mises Institute

Advancing Austrian Economics, Liberty, and Peace

Advancing the scholarship of liberty in the tradition of the Austrian School

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Literature Library


New Directions in Austrian Economics

New Directions in Austrian Economics

This collection first appeared in the midst of the American Austrian revival, and its insights are constantly culled by modern students. In it, Austrian economists examine technical aspects of money, interest, capital and business cycles, and property rights, plus theoretical areas like econometrics, uncertainty, social cost, and more.

This volume includes:

  • An Austrian Stocktaking: Unsettled Questions and Tentative Answers (Ludwig M. Lachmann)
  • The Austrian Method (John B. Egger)
  • Praxeology and Econometrics: A Critique of Positivist Economics (Mario J. Rizzo)
  • Economics and Error (Israel M. Kirzner)
  • The Problem of Social Cost (S.C. Littlechild)
  • A Critique of Neoclassical and Austrian Monopoly Theory (D.T. Armentano)
  • Spontaneous Order and the Coordination of Economic Activities (Gerald P. O'Driscoll, Jr.)
  • Austrian Definitions of the Supply of Money (Murray N. Rothbard)

  • Publication Information Sheed Andrews and McMeel, Inc., Kansas City, 1978
    Updated 2/6/2012