An Introduction to Austrian Economics PDF
98 Pages·2008·0.203 MB·English
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p>For the serious student, this exposition of the essentials of Austrian economics is excellent. Taylor discusses all the fundamental aspects of Austrian thought, from subjectivism and marginal utility to inflation and the business cycle. This new and revised edition is widely influential among economics students.For the newcomer, this work represents a concise introduction to both the historical setting of the Austrian School and to the ideas espoused by its members.This volume includes chapters on:Social Cooperation and Resource AllocationEconomic CalculationThe Subjective Theory of ValueThe Market and Market PricesProduction in an Evenly Rotating EconomyFrom an Evenly Rotating Economy to the Real WorldInflation and the Business Trade Cycle96 pp. (pb)
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