Appendix A: A Brief History of the Austrian School
THE AUSTRIAN SCHOOL of economics can trace its roots back to at least the fifteenth century, when the followers of St. Thomas Aquinas, writing and teaching at the University of Salamanca in Spain, sought to explain how individual human action created social order.
Appendix B: Praxeological Economics and Mathematical Economics
The problems of prices and costs have been treated also with mathematical methods. There have even been economists who held that the only appropriate method of dealing with economic problems is the mathematical method and who derided the logical economists as “literary” economists.
—LUDWIG VON MISES, HUMAN ACTION
Bibliography
GENERAL READING
THOSE WHO WISH to ponder the policy implications of the Austrian view at greater length can’t do better than picking up a copy of Henry Hazlitt’s Economics in One Lesson. Hazlitt is one of the finest writers ever to tackle economic issues. In this book, inspired by Bastiat’s conception of the seen and unseen aspects of policy, he examines a wide variety of economic interventions.
References
Anderson, Benjamin. 1979. Economics and the Public Welfare. Indianapolis, Ind.: Liberty Fund.
_____. 1917. The Value of Money. New York: Macmillan. Reprinted by Libertarian Publishers, Grove City, Penn., n.d.
Baetjer, Howard. 1998. Software as Capital. Los Altimos, Calif.: IEEE Computer Society.
Index
Accountants, 107, 180
Action, 13, 17–24, 26–27, 29–30, 35, 37, 39–42, 45–47, 52–54, 70, 75, 77, 97–98, 108, 147, 149, 158, 210, 219, 316–18, 321–28
Agriculture Department, 276, 279
Air, 197
America Online, 104
Anderson, Benjamin M., 313
Antitrust, 259–70
Apple Computer, 267–68
Arbitrage, 114–15, 327
Arthur, Brian, 261
Aquinas, Thomas, 307
Back
Praxeology and Understanding: An Analysis of the Controversy in Austrian Economics
Title Page
Praxeology and Understanding:
An Analysis of the Controversy
in Austrian Economics
by George A. Selgin
LUDWIG
VON
MISES
INSTITUTE
The Ludwig von Mises Institute
Auburn University
Auburn, Alabama 36849
Copyright Page
Copyright © 1990 The Ludwig von Mises Institute
All rights reserved. Written permission must be secured from the publisher to use or reproduce any part of this book, except for brief quotations in critical reviews or articles.
Published by Praxeology Press of the Ludwig von Mises Institute, Auburn University, Auburn, Alabama 36849
Library of Congress Catalog Card Number: 90-062373
ISBN: 0-945466-09-9
Preface
