Price: $9.95
(as of Nov 08, 2025 21:03:08 UTC – Details)
What if economics began with people?
Choice is an essential feature of the human condition. Every time we embark on a given plan of action, big or small, we make a choice. Whereas many economists model people’s behavior using idealized assumptions, economists of the Austrian School don’t. The Austrian School of Economics takes people as they are and constructs economic theories by examining the logical structure of the choices they make.
This book explains the Austrian School’s insights on a wide range of economic topics and introduces some of its key thinkers. It also explains the relationship between the Austrian School and mainstream economics and delves into the criticisms that Austrian School economists have mounted against communist and socialist economic thought.
Publisher : Cato Institute
Publication date : July 14, 2020
Language : English
Print length : 168 pages
ISBN-10 : 1948647958
ISBN-13 : 978-1948647953
Item Weight : 5.7 ounces
Dimensions : 5 x 0.39 x 7 inches
Best Sellers Rank: #624,202 in Books (See Top 100 in Books) #177 in Macroeconomics (Books) #429 in Theory of Economics #1,183 in Economic History (Books)
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