Summary:
The Austrian school of thought is closely related to the Neoclassical mainstream–in that it shares its utilitarian theory of value, accepts basic supply and demand analysis, and sees capitalism as generally tending towards equilibrium. But it is also highly critical of the mainstream for the absurd assumptions about individual knowledge that it is willing to ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
The Austrian school of thought is closely related to the Neoclassical mainstream–in that it shares its utilitarian theory of value, accepts basic supply and demand analysis, and sees capitalism as generally tending towards equilibrium. But it is also highly critical of the mainstream for the absurd assumptions about individual knowledge that it is willing to ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Stavros Mavroudeas writes Το ψηφοδέλτιο της ΑΝΤΑΡΣΥΑ-Ανατρεπτική Συνεργασία στις ευρωεκλογές
Editor writes Real-world economists take note!
Angry Bear writes Inflation Is Hurting the Fast Food Giants
Mike Norman writes Cleveland Fed for May
|