Carl Menger, Friedrich Wieser and Eugen Bohm-Bawerk are acknowledged as pioneers in the development of neoclassical economics, as well as being recognized as the founders of the Austrian School of Economics. Neoclassical Microeconomic Theory examines their contribution and compares it with the other branches of neoclassical economics that emerged between the 1870's and 1930's. The author begins by exploring the initial stimulus provided by Carl Menger's work, and then demonstrates how the views of Menger, Weiser and Bohm-Bawerk complement one another and the tensions exhibited between them: the scope and method of economics; theories of choice; price theory; competition; entrepreneurship; and capital formation and distribution.

Who were the great thinkers on international finance in the mid-twentieth century? What did they propose should be done to create a stable international financial order for promoting world trade and economic growth? This important book studies the ideas of some of the most innovative economists in the mid-twentieth century including three Nobel Laureates; great thinkers who helped shape the international financial system and the role of the World Bank and the International Monetary Fund. Covering the period from the late 1940s up until the collapse of the fixed US dollar-gold link in 1971, the impact of Hansen, Williams, Graham, Triffin, Simons, Viner, Friedman, Johnson, Mises, Rueff, Rist, Hayek, Heilperin and Roepke is assessed. This outstanding book will prove invaluable to students studying international economics, economic history and the history of economic thought.

Who were the great thinkers on international finance in the mid-twentieth century? What did they propose should be done to create a stable international financial order for promoting world trade and economic growth?

This important book studies the ideas of some of the most innovative economists in the mid-twentieth century including three Nobel Laureates; great thinkers who helped shape the international financial system and the role of the World Bank and the International Monetary Fund.

Covering the period from the late 1940s up until the collapse of the fixed US dollar-gold link in 1971, the impact of Hansen, Williams, Graham, Triffin, Simons, Viner, Friedman, Johnson, Mises, Rueff, Rist, Hayek, Heilperin and Ropke is assessed. This outstanding book will prove invaluable to students studying international economics, economic history and the history of economic thought.

Contents:
1. In What Senses Were the Founding Austrians 'Neoclassical' Economists? 2. The Founding Austrian Conceptions of Economics 3. Carl Menger's Analysis of Choice 4. Wieser and Bohm-Bawerk on Economizing Behaviour 5. Carl Menger's Theory of Price Formation 6. Bohm-Bawerk's Value and Price Theory 7. The Process of Competition in Founding Austrian Economic Theory I: Menger's Principles 8. The Process of Competition in Founding Austrian Economic Theory II: Wieser and Bohm-Bawerk 9. Capital in Founding Austrian Economic Theory: Menger versus Bohm-Bawerk 10. Mengerian Distribution Theory: Wieser's Contribution 11. The Founding Austrian Version of Neoclassical Microeconomics: Summary and Conclusions