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The present 77 page document is my set of notes used in a five-part reading group on Larry Siedentop's great book Inventing the Individual: The Origins of Western Liberalism. The document contains a link to the set of videos online
Persistent link: https://www.econbiz.de/10014095133
This paper explores the intellectual context of the Department of Economics at the London School of Economics and Political Science (LSE) during the 1930s. we will be focusing on the contributions of F.A. Hayek, along with Lionel Robbins, in fostering an intellectual environment for the...
Persistent link: https://www.econbiz.de/10012897621
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Carl Menger published his classic work Principles of Economics in 1871, that work is the founding text of what came known as the “Austrian School of Economics”. That label has now been used to describe a historical school of thought, as well as contemporary academic economists and public...
Persistent link: https://www.econbiz.de/10014081498
Carl Menger published Principles of Economics ([1871] 1976) 150 years ago in 1871, and he died 100 years ago in 1921 at the age of 81. Yet, what Joseph Schumpeter said of Menger after his death we could argue is still true today, “Menger is nobody's pupil and what he created stands”...
Persistent link: https://www.econbiz.de/10014081500
This essay treats entangled political economy within the history of political economy. It explains that entangled political economy is not so much a new development in economics as it is a revisitation of some old themes that were swept aside in the conversion of political economy into economics...
Persistent link: https://www.econbiz.de/10014241450
Henry Hazlitt was a public intellectual who had unusual strength in both economic reasoning and articulation and played a central role in communicating the ideas of classical or ‘orthodox’ economics to the general public. He occupied a unique position in the mid-20th century intellectual...
Persistent link: https://www.econbiz.de/10014163841
What is the role of the entrepreneur in Carl Menger’s account of the market process? Modern entrepreneurship theory is broadly divided into two types. The Schumpeterian account of entrepreneurship takes an equilibrium state of affairs as an analytic starting point from which the entrepreneur...
Persistent link: https://www.econbiz.de/10013242603
According to Nobel Laureate Edmund Phelps (2013, p. 123), Mises’s critique of economic calculation under socialism renders him the originator of the economic analysis of property rights. This paper also suggests that implicit to Mises’s impossibility theorem was also the origins of the...
Persistent link: https://www.econbiz.de/10013310004
n the midst of the current financial crisis the economics profession has seen a monumental resurrection of Keynesian ideas. The debate, which Keynes started back in the 1930s, is being picked up again, not where it left off, but in exactly the same place it started. While Keynesian theories were...
Persistent link: https://www.econbiz.de/10013115212