Market Process and Market Order - From Human Action, But Not of Human Design (Hardcover)

This volume explores and engages the key thinkers and ideas of the Austrian School of political economy to better understand various aspects of the market process, or the way that individuals coordinate their separate interests in a peaceful and productive manner by unintentionally forming not only market prices but also rules, customs, cultural norms and other institutional arrangements that allow specialization and trade. Together, these dynamics generate a market order by ameliorating the potential for social conflict, and in turn, facilitating the conditions for social cooperation and specialization under the division of labor. Scholars in this tradition focus on how individuals, however imperfect they may be in their decision-making, are nevertheless guided by private property, prices, and profit and loss signals, which emerge out of human action, but not necessarily human design. The diversity in topics and approaches will make the volume of interest to readers in a variety of fields, including anthropology, economics, entrepreneurship, history, philosophy, political science, and public policy.

General

Imprint:	Lexington Books-Fortress Academic
Country of origin:	United States
Series:	Economy, Polity, and Society
Release date:	September 2022
Editors:	Rosolino A. Candela
Contributors:	Rosolino A. Candela • Jeffrey Carroll
Editors:	Kristen R. Collins
Contributors:	Kristen R. Collins
Editors:	Christopher J. Coyne
Contributors:	Christopher J. Coyne • Jonathan Eaton • Craig Lyons • Brian Marein
Dimensions:	237 x 159 x 29mm (L x W x T)
Format:	Hardcover
Pages:	300
ISBN-13:	978-1-66691-501-3
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy Books > Social sciences > Sociology, social studies > Social issues > General Promotions
LSN:	1-66691-501-7
Barcode:	9781666915013

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