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Titlebook: New Perspectives on Economic Development; A Human Agency Appro Fu-Lai Tony Yu Book 2011 Wageningen Academic Publishers 2011 Austrian subjec

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书目名称New Perspectives on Economic Development
副标题A Human Agency Appro
编辑Fu-Lai Tony Yu
视频video
概述Applies the Austrian subjectivist framework to economic and development issues.Well written, free from mathematics and is highly readable.Adds new insights not only in economics, but also in managemen
图书封面Titlebook: New Perspectives on Economic Development; A Human Agency Appro Fu-Lai Tony Yu Book 2011 Wageningen Academic Publishers 2011 Austrian subjec
描述This book is the first of its kind to use Austrian subjectivism to analyze issues in economic development. Unlike scholars in mainstream neoclassical economics who explain economic development by quantitative growth models, this book attempts to understand economic progress in human agency perspective. In this approach, human agency is placed at the centre of economic analysis. This book begins with a review of the theories of economic development in the history of Austrian economics, with the intention of extending the contributions of major Austrian economists to development economics. After pointing out the weaknesses in the orthodox neoclassical approach to economic growth, the book then puts forward a subjectivist methodology which integrates the contributions of Max Weber, Alfred Schutz and Austrian Economists to interpret economic phenomena and policies. This chapter also serves as a methodological foundation for arguments elaborated in subsequent chapters. The rest of the book discusses important issues in economic development, namely, entrepreneurial process, national capabilities, innovation, trade, government, transition and catching up strategies for firms in latecomer
出版日期Book 2011
关键词Austrian subjectivism; Economic development
版次1
doihttps://doi.org/10.3920/978-90-8686-716-5
isbn_ebook978-90-8686-716-5
copyrightWageningen Academic Publishers 2011
The information of publication is updating

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Economic development in Austrian economics,t process, the structure of production, entrepreneurship, business cycle, monetary theories, economic calculation and central planning . The Austrian school of economics does not discuss economics of innovation, though there is a theory of entrepreneurial discovery.
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Bringing human agency back in: a subjectivist approach to economic development,The orthodox neoclassical approach to economic development has long been criticized.. Its assumptions of rational human conduct, frictionless decision making and profit maximization distance it from reality (Schumpeter 1934/1961: 80).
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Economics of international trade,The history of the development of the theory of international trade is an interesting one. It is not unusual to conceive that economists would first develop a theory of exchange based on two individuals of the same country and then applies the theory to international transactions..
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