Authors:
- Describes the influence of early twentieth century American economists on the development of the Austrian school of economics
- Argues the American school improved on Austrianism
- Revives an almost comprehensive alternative microeconomic theory based on subjectivism
Part of the book series: Palgrave Studies in Classical Liberalism (PASTCL)
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Table of contents (8 chapters)
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Front Matter
About this book
Reviews
“This is not the book on the Economics of Menger, Bohm-Bawerk, Mises, Hayek and Schumpeter, the creators of this school of thought. Instead, it offers us an analysis of their mainly American followers, such as Fetter, Wicksteed, Clark and Knight. As such, it makes a unique contribution. Jankovic brings a fresh voice and a very erudite one to this task. I have been an Austrian economist for over 50 years, now, and thought I knew all about this subject. I did not.”
---Walter Block --- Professor of Economics Loyola University, New Orleans.
“Ivan Jankovic has written a careful scholarly examination of the Psychological school of early neoclassical economics, which built upon the ideas of Carl Menger and Eugen Bohm-Bawerk to further develop and refine theoretical concepts from marginal utility, opportunity cost, marginal productivity of factor pricing, and applied these ideas to develop bold theory of the market process of price formation through bargaining, and the role of entrepreneur in the operation of a market society. The names of economists such as Davenport, Clark, and Fetter are too often forgotten in the economics literature today. Jankovic's work is a useful corrective to that error."
--- Peter Boettke --- Professor of Economics, George Mason University.
Authors and Affiliations
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University of Mary, Bismarck, USA
Ivan Jankovic
About the author
Bibliographic Information
Book Title: Mengerian Microeconomics
Book Subtitle: The Forgotten Anglo-American Contribution to the Austrian School
Authors: Ivan Jankovic
Series Title: Palgrave Studies in Classical Liberalism
DOI: https://doi.org/10.1007/978-3-030-57749-0
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG 2020
Hardcover ISBN: 978-3-030-57748-3Published: 05 January 2021
Softcover ISBN: 978-3-030-57751-3Published: 06 January 2022
eBook ISBN: 978-3-030-57749-0Published: 04 January 2021
Series ISSN: 2662-6470
Series E-ISSN: 2662-6489
Edition Number: 1
Number of Pages: XIII, 222
Number of Illustrations: 3 b/w illustrations, 1 illustrations in colour
Topics: History of Economic Thought/Methodology, Institutional/Evolutionary Economics, Microeconomics, Economic History