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This book explores the thought of the three 'founding' members of the Austrian School of economics: Carl Menger, Friedrich von Wieser, and Eugen Böhm-Bawerk, considering the overlapping and specialization of their work on money, value, and capital. Offering an incisive overview of the work of three important, but often-neglected figures, the author sheds fresh light on the transition from Adam Smith's economics and the thought of the German School, to modern economic theory, considering also the influence of the Austrian School on the work of Max Weber. As such, it will appeal to scholars with interests in the history of ideas, economic theory, political economy, and social theory.
List of contents
1. The Early Austrian School of Economics: An Introduction 2. Menger and Money: Carl Menger 3. Von Wieser and Value: Friedrich von Wieser 4. Böhm-Bawerk and Capital: Eugen Böhm-Bawerk 5. Conclusion
About the author
Christopher Adair-Toteff is Fellow at the Center for Social and Political Thought, University of South Florida, USA. A philosopher, sociologist, and social theorist, he has has published widely in the field of classical sociology. He is the author of Raymond Aron’s Philosophy of Political Responsibility, Max Weber’s Sociology of Religion, Fundamental Concepts in Max Weber’s Sociology of Religion, and Sociological Beginnings. He is the editor of The Anthem Companion to Ernst Troeltsch and The Anthem Companion to Ferdinand Tönnies, and the co-editor of The Calling of Social Thought: Rediscovering the Work of Edward Shils and The Anthem Companion to Raymond Aron.
Summary
This book explores the thought of the three ‘founding’ members of the Austrian School of economics: Carl Menger, Friedrich von Wieser and Eugen Böhm-Bawerk, considering the overlapping and specialisation of their work on money, value and capital.
