The Austrian Case for the Free Market Process: Knowledge Products (Great Economic Thinkers) (Library Edition)

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9780786169474: The Austrian Case for the Free Market Process: Knowledge Products (Great Economic Thinkers) (Library Edition)

Ludwig von Mises (1881-1973) and Friedrich Hayek (1899-1992) were perhaps the foremost defenders of the free market and limited government during the mid-twentieth century ascendancy of Keynesian economics.

Mises highlighted the problem of economic calculation in non-market economics. He saw the price system as the basis of economic calculation, and emphasized the importance of sound money for it to work properly. Mises created an all-encompassing theory of economics as a system of human action. Hayek emphasized the role of knowledge in economics, asserting that man “cannot acquire the full knowledge that would make mastery of events possible.” He insisted that capitalism has improved the living conditions of workers. Hayek received the Nobel Prize in 1974.

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About the Author:

Louis Rukeyser (1933-2006), narrator of the Great Economic Thinkers and the Secrets of the Great Investors series, was recognized as America's most popular economic commentator. He was known and admired for his ability to discuss economics in a lively and insightful way.



Dr. Israel Kirzner is a leading economist in the Austrian school. Kirzner's major work is in the economics of knowledge and entrepreneurship and the ethics of markets. He is a leading authority on Ludwig von Mises' thinking and methodology in economics and received the Global Award for Entrepreneurship Research in 2006.

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ISBN 10: 0786169478 ISBN 13: 9780786169474
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Dr. William Peterson
Editorial: Knowledge Products (2006)
ISBN 10: 0786169478 ISBN 13: 9780786169474
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Descripción Knowledge Products, 2006. Compact Disc. Estado de conservación: Brand New. unabridged edition. 7.00x5.00x0.50 inches. In Stock. Nº de ref. de la librería 0786169478

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