Overview
Shows an integrated view of the Austrian and libertarian perspective and their applications to several areas
The self-contained and independently structured chapters can be read individually according to their topics
Shows how Austrian economics and libertarianism are related, albeit the first is positive and the second normative
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Table of contents (10 chapters)
Keywords
About this book
This book covers several areas of economic theory and political philosophy from the perspective of Austrian Economics and libertarianism. As such, it deals with Epistemology and Methodology, Microeconomics, Macroeconomics, Labor Economics, International Economics, Political Philosophy, Law and Public Policy, all from the Austro-libertarian perspective.
Hence, this book offers an integrated view of libertarianism and Austrian economics in the light of recent debates in the areas of economic science and political philosophy. Moreover, it builds from the foundations of the Austrian approach (epistemology and methodology), while the latter material deals with its application to the individual from the microeconomic perspective, which in turn allows an exploration of subjects in macroeconomics. Additionally, this work applies Austro-libertarianism to law, politics, and public policy. Thus, it offers a unified view of the entire approach, in a logical progression, allowing the readers to judge this perspective in full.
Futerman and Block say that their book is not a manual, which I suppose it is not. But it is a collection of highly pertinent essays, from which you can understand what is mistaken in the orthodoxy of economics, law, and politics. The central term of art in Austrian economics is that phrase “human action.” It is the exercise of human will, not the blind bumping of one molecule against another or one organism against another, as in the physical sciences…
Futerman and Block distinguish Austrian economics as a scientific enterprise based on liberty of the will from “libertarianism” as an advocacy based on policies implied by such liberty. “Although Austrian economics is positive and libertarianism is normative,” they write, “this book shows how both are related; how each can support the other.” Indeed they do.
Deirdre N. McCloskey, PhD
UIC Distinguished Professor of Economics and of History Emerita,
Professor of English Emerita,
Professor of Communication Emerita,University of Illinois at Chicago
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Authors and Affiliations
About the authors
Alan G. Futerman is Adjunct Professor of Institutional Economics at the University of the Latin American Educational Center (Rosario - Argentina). He has done research on economic theory from the perspective of the Austrian School of Economics, dealing with macro and microeconomics, as well as epistemology and the methodology of economics. He has contributed essays to journals such as International Journal of Finance & Economics, Journal of Financial Economic Policy, The Review of Austrian Economics, and lectured on economic subjects in congresses and seminars.
Bibliographic Information
Book Title: The Austro-Libertarian Point of View
Book Subtitle: Essays on Austrian Economics and Libertarianism
Authors: Alan G. Futerman, Walter E. Block
DOI: https://doi.org/10.1007/978-981-16-4691-1
Publisher: Springer Singapore
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2021
Hardcover ISBN: 978-981-16-4690-4Published: 02 November 2021
Softcover ISBN: 978-981-16-4693-5Published: 03 November 2022
eBook ISBN: 978-981-16-4691-1Published: 01 November 2021
Edition Number: 1
Number of Pages: XXIII, 198
Number of Illustrations: 1 b/w illustrations
Topics: Macroeconomics/Monetary Economics//Financial Economics, Microeconomics, International Economics, Public Economics, Economic Policy, Constitutional Law