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Routledge Foundations of the Market Economy


About the Series

A central theme of the books in this series is the importance of understanding and assessing the economy from a perspective broader than the static economics of perfect competition and Pareto optimality. Accordingly, Institutional arrangements are assessed with respect to their ability to promote the discovery and use of knowledge in society.

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Risk and Business Cycles New and Old Austrian Perspectives

Risk and Business Cycles: New and Old Austrian Perspectives

1st Edition

By Tyler Cowen
July 14, 2010

Risk and Business Cycles examines the causes of business cycles, a perennial topic of interest within economics. The author argues the case for the revival of an important role for monetary causes in business cycle theory, which challenges the current trend towards favouring purely real theories. ...

Entrepreneurship and Economic Progress

Entrepreneurship and Economic Progress

1st Edition

By Randall Holcombe
December 17, 2009

Entrepreneurship is the engine of economic progress, but mainstream economic models of economic growth tend to leave out the entrepreneurial elements of the economy. This new book from Randall Holcombe begins by identifying areas in which evolutionary and Austrian approaches differ from the ...

Microfoundations and Macroeconomics An Austrian Perspective

Microfoundations and Macroeconomics: An Austrian Perspective

1st Edition

By Steven Horwitz
November 24, 2009

In the past, Austrian economics has been seen as almost exclusively focused on microeconomics. Here,Steven Horwitz constructs a systematic presentation of what Austrian macroeconomics would look like. This original and highly accessible work will be of great value and interest to professional ...

Liberalism against Liberalism Theoretical Analysis of the Works of Ludwig von Mises and Gary Becker

Liberalism against Liberalism: Theoretical Analysis of the Works of Ludwig von Mises and Gary Becker

1st Edition

By Javier Aranzadi
June 22, 2009

The defence of the market and economic freedom have been the main objectives of the investigations by liberal thinkers such as Milton Friedman, Gary Becker, F Hayek and L Von Mises. Bearing in mind that the first two economists are the maximum exponents of the Chicago School and the last two of the...

Foundations of Entrepreneurship and Economic Development

Foundations of Entrepreneurship and Economic Development

1st Edition

By David A Harper
November 07, 2007

This well-written book is the first to deal with entrepreneurship in all its aspects. It considers the economic, psychological, political, legal and cultural dimensions of entrepreneurship from a market-process perspective. David A Harper has produced a volume that analyses why some people are ...

Markets, Information and Communication Austrian Perspectives on the Internet Economy

Markets, Information and Communication: Austrian Perspectives on the Internet Economy

1st Edition

Edited By Jack Birner, Pierre Garrouste
December 09, 2003

The internet bubble which peaked in size in 2000 is now well and truly burst. As with all bubbles, there are varying explanations for its occurrence, but the hype which surrounds the internet has shouldered a lot of the blame. There is however, no doubt that the internet has significantly changed ...

Keynes and Hayek The Money Economy

Keynes and Hayek: The Money Economy

1st Edition

By G R Steele
July 18, 2001

John Maynard Keynes and Friedrich Hayek had serious differences of opinion when it came to assessing the fractured inter-war world. G. R. Steele picks apart this debate and argues persuasively that Hayek's outlook will prove to be the more enduring....

The Meaning of the Market Process Essays in the Development of Modern Austrian Economics

The Meaning of the Market Process: Essays in the Development of Modern Austrian Economics

1st Edition

By Israel M Kirzner
June 04, 1996

Israel Kirzner is the foremost proponent of the modern Austrian theory of the market process. This book offers substantive insights in support of this theory and a new historical interpretation of how the ideas of modern Austrians emerged....

Calculation and Coordination Essays on Socialism and Transitional Political Economy

Calculation and Coordination: Essays on Socialism and Transitional Political Economy

1st Edition

By Peter J Boettke
January 22, 2001

This collection of essays from one of the major Austrian economists working in the world today brings together in one place some of his key writings on a variety of economic issues....

Time and Money The Macroeconomics of Capital Structure

Time and Money: The Macroeconomics of Capital Structure

1st Edition

By Roger W Garrison
November 30, 2000

Time and Money argues persuasively that the troubles which characterise modern capital-intensive economies, particularly the episodes of boom and bust, may best be analysed with the aid of a capital-based macroeconomics. The primary focus of this text is the intertemporal structure of capital, an ...

An Entrepreneurial Theory of the Firm

An Entrepreneurial Theory of the Firm

1st Edition

By Frederic Sautet
August 09, 2000

This original, provocative work makes a thorough and comprehensive enquiry into the relationship that exists between firms and markets, with separate, in-depth examinations of both the existence and inner organisation of the firm. Sautet develops an accomplished and convincing theory that ...

The Driving Force of the Market Essays in Austrian Economics

The Driving Force of the Market: Essays in Austrian Economics

1st Edition

By Israel M Kirzner
July 07, 2000

This book offers a unique insight into the character of Austrian economics. This work also collects the recent work of the leading authorities in this area, and will be an indispensible tool for all those interested in the implications of Austrian approach on economics. The author also examines *...

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