The Austrian School of Economics - Concepts and Theories

This book provides an overview of the concepts and theories that underpin the Austrian school of economics. It follows the development of Austrian economics, from the neo-classical revolution at the end of the 19th century to the modern era of economics that it has shaped. By highlighting the theoretical framework that characterises Austrian economics, insight is provided into a broad range of economic issues, including the notion of value, the impact of state intervention, the formation of market prices, the nature of competition, the laws of production, monetary policy, and business cycles.
This book offers an accessible introduction to Austrian economics and the core ideas that define it. It will be relevant to students and researchers interested in Austrian economics and political economy.

List of contents

1. Introduction.- 2. Goods and value.- 3. Exchange and price.- 4. Monopoly and competition.- 5. Production and its structure.- 6. Capital and interest.- 7. Money and its purchasing power.- 8. Inflation and crisis.- 9. State and the market.- 10. Conclusion.

About the author

Renaud Fillieule is Professor of Sociology at the University of Lille.

Product details

• Authors: Renaud Fillieule
• Publisher: Springer, Berlin
• Original title: L'école autrichienne d'économie
• Languages: English
• Product format: Hardback
• Released: 15.03.2025
• EAN: 9783031834134
• ISBN: 978-3-0-3183413-4
• No. of pages: 201
• Dimensions: 148 mm x 16 mm x 210 mm
• Weight: 385 g
• Illustrations: XX, 201 p. 26 illus.
• Series: Palgrave Studies in Austrian Economics
• Subjects: Social sciences, law, business > Political science > Politics and business; Inflation, Economic Policy, Wirtschaftstheorie und -philosophie, interest rates, austrian economics, monetary policy, Capital, economic crisis, History of Economic Thought and Methodology, Heterodox Economics, Political Economy and Economic Systems, fiscal policy, Business cycles, Purchasing power, Monopoly pricing theory, Formation of market prices, Theory of goods, Introduction to Austrian economics, Market price system, Laws of production, Impact of state intervention, Notion of value, History of Austrian economics, Nature of competition