Evolution of Austrian Economics - 9780415195003

Taylor & Francis

This book argues for the originality of Carl Menger's contribution to the development of the Austrian School of economics, against the dominant orthodoxy in the history of economic thought. > \nThis book argues, against the dominant orthodoxy in the history of economic thought, for the originality of Carl Menger's contribution to the development of the Austrian school of economics. Situating the evolution of Menger's thought in the tradition of classical political economy, the author documents the emergence of a Mengerian logic and its contribution to the formation of a distinctly Austrian tradition of economics.\n In its bold elucidation of the shaping of a tradition in economic thought, Tradition and Innovation in Austrian Economics provides a fresh and challenging perspective on the Austrian school which will be of interest to researchers in Austrian economics and the history of economic thought. > Introduction, Part 1: The Originality and Foundations of Menger's Logic, 1.]