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New Directions in Austrian Economics

New Directions in Austrian Economics by Louis Spadaro

Tags Austrian Economics Overview

11/22/1978Louis M. Spadaro

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)

Louis M. Spadaro

Louis M. Spadaro (October 11, 1913 – May 3, 2008) was a friend and colleague of Ludwig von Mises, under whom he earned his PhD in economics. President of the Institute for Humane Studies and the founding dean of the Fordham University Graduate School of Business Administration, he taught economics at Fordham University since 1938. He was the author of the textbook Economics: An Introductory View (1969) and the editor of New Directions in Austrian Economics.


Sheed Andrews and McMeel, Inc., Kansas City, 1978

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