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The Alternative Austrian Economics - A Brief History (Paperback)
Loot Price: R897
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The Alternative Austrian Economics - A Brief History (Paperback)
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For most economists, 'Austrian economics' refers to a distinct
school of thought, originating with Mises and Hayek and
characterised by a strong commitment to free-market liberalism.
This innovative book explores an alternative Austrian tradition in
economics. Socialist in spirit but too diffuse to be described as a
single school of thought, it shares a common conviction that the
market, while possibly a good servant, is a very poor master.
Demonstrating how the debate on the economics of socialism began in
Austria long before the 1930s, this unique book analyses the work
and impact of many leading Austrian economists. Beginning with the
Austro-Marxist theorists Otto Bauer and Rudolf Hilferding and
moving through to the new generation of social democratic
economists, most prominently Kurt Rothschild and Josef Steindl, The
Alternative Austrian Economics provides insight into the history
and evolution of socialist economics in Austria. Offering a
previously underrepresented discussion of a century of Austrian
socialist economics, this engaging book will prove to be of great
value to Marxian and heterodox economists, historians of economic
thought and political scientists interested in political economy.
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