Understanding Ludwig Lachmann's Economics
Series: Elements in Austrian Economics;
- Publisher's listprice GBP 55.00
-
26 276 Ft (25 025 Ft + 5% VAT)
The price is estimated because at the time of ordering we do not know what conversion rates will apply to HUF / product currency when the book arrives. In case HUF is weaker, the price increases slightly, in case HUF is stronger, the price goes lower slightly.
- Discount 20% (cc. 5 255 Ft off)
- Discounted price 21 021 Ft (20 020 Ft + 5% VAT)
Subcribe now and take benefit of a favourable price.
Subscribe
26 276 Ft
Availability
Estimated delivery time: In stock at the publisher, but not at Prospero's office. Delivery time approx. 3-5 weeks.
Not in stock at Prospero.
Why don't you give exact delivery time?
Delivery time is estimated on our previous experiences. We give estimations only, because we order from outside Hungary, and the delivery time mainly depends on how quickly the publisher supplies the book. Faster or slower deliveries both happen, but we do our best to supply as quickly as possible.
Product details:
- Publisher Cambridge University Press
- Date of Publication 1 February 2024
- ISBN 9781009479363
- Binding Hardback
- No. of pages54 pages
- Size 235x158x9 mm
- Weight 230 g
- Language English 525
Categories
Short description:
Ludwig Lachmann is a key figure in modern Austrian economics. His contributions, however, are poorly understood.
MoreLong description:
Ludwig Lachmann is a central but underappreciated figure within the Austrian school of economics. Although his understanding of institutions, his appreciation of the heterogeneity of capital, his emphasis on subjectivity, and his focus on the dynamism and uncertainty of the real world have become dominant positions amongst Austrian economists, he is still viewed as something of an outsider. As such, the contributions of Lachmann's economics are arguably misunderstood. This Element attempts to tease out and discuss the critical contributions of Lachmann's economics. Arguably, one way in which to understand Lachmann's economics is by seeing it as unified in considering, in various ways, a single conceptual 'problem' - the apparent tension between the dynamic nature of social reality and the intelligible nature of the social world. Approaching Lachmann with this theme in mind allows us to put things together more coherently than other exegetical strategies.
MoreTable of Contents:
1. Introduction; 2. Radical subjectivism, the consequences of active minds and the problem of Kaledic nihilism; 3. Markets as adjustment processes for reconciling plans, the challenge of plan adjustment outside a market and the role of institutions; 4. The similarities and differences between Lachmann and Kirzner on equilibrium; 5. The self-similar structure of social systems, the notion of orientation, the centrality of the plan, and the theory of institutions (again); 6. Lachmann's Enduring Influence; References.
More
