Austrian Economics: Tensions and New Directions

  • Bruce J. Caldwell
  • Stephan Boehm

Part of the Recent Economic Thought Series book series (RETH, volume 30)

Table of contents

  1. Front Matter
    Pages i-xv
  2. Martin Ricketts, Israel M. Kirzner
    Pages 67-102
  3. Jeremy Shearmur, Peter E. Earl
    Pages 103-135
  4. Brian J. Loasby, Christopher Torr
    Pages 137-164
  5. Richard N. Langlois, Geoffrey M. Hodgson
    Pages 165-192
  6. Alan P. Hamlin, Robert Sugden
    Pages 193-214
  7. Ulrich Witt, John Foster
    Pages 215-243
  8. Back Matter
    Pages 269-283

About this book


When we first invited the group of distinguished scholars represented here to contribute to a new volume on Austrian economics, four themes were stressed: tensions, new directions, selectivity, and criticism. In this brief introduction we will explain why those themes were emphasized and thereby shed light on our intentions and aspirations for the volume. The subtitle "Tensions and New Directions" indicates clearly the intent of the volume desired. If we take the 1871 publication of Carl Menger's Principles of Economics (Grundsiitze der Volkswirthschaftslehre) as mark­ ing its birth, the Austrian tradition is now well over one hundred years old. The origins of the so-called "Austrian Revival" are more difficult to pinpoint precisely, but many would accept two decades as a reasonable estimate of its lifespan. In any case, since the mid-1970s several collections of articles written by Austrians have been published. The intent of these collections appeared to be to educate, persuade, and inspire various audiences. Uninformed readers needed to be told about the specifics of the Austrian position, to be shown how it differed from and improved upon its rivals. The initiated needed to be reassured that their commitment to a novel program was justified. As such, much of the recent Austrian literature has consisted either of exegetical accounts of the views of past figures, or of critical assessments of the positions of alternative research programs in economics from an Austrian perspective.


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Editors and affiliations

  • Bruce J. Caldwell
    • 1
  • Stephan Boehm
    • 2
  1. 1.Department of Economics Joseph M. Bryan School of Business and EconomicsUniversity of North Carolina at GreensboroGreensboroUSA
  2. 2.Faculty of Social and Economics Studies Institute of EconomicsKarl-Franzens University of GrazGrazAustria

Bibliographic information

  • DOI
  • Copyright Information Kluwer Academic Publishers 1992
  • Publisher Name Springer, Dordrecht
  • eBook Packages Springer Book Archive
  • Print ISBN 978-94-010-4968-9
  • Online ISBN 978-94-011-2186-6
  • Series Print ISSN 0924-199X
  • Buy this book on publisher's site