Psychology Dictionary of ArgumentsHome
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| Austrian School: The Austrian School of Economics is an economic school of thought that originated in Vienna during the late 19th century with the works of Carl Menger. The school is known for its emphasis on methodological individualism, subjectivism, and the importance of entrepreneurial discovery. Also see Ludwig von Mises, Friedrich A. von Hayek, Carl Menger, Method._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Robert Solow on Austrian School - Dictionary of Arguments
Harcourt I 92 Austrian School/Solow/Harcourt: Solow (…) argue[s] that only someone who is naively identifying the many aspects of capitalistic production with one of them (he mentioned the Austrian's 'time' as 'an inspired simplification' which did not come off) would believe that the theory could be summed up by defining something called 'capital' and calling the rate of interest the marginal product of 'it'. HarcourtVsSolow: But a head count of articles in the relevant literature surely would show that this is just what a large proportion of the trade is doing. >Capital/Robinson, >Production function._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
Solow I Robert M. Solow A Contribution to the Theory of Economic Growth Cambridge 1956 Harcourt I Geoffrey C. Harcourt Some Cambridge controversies in the theory of capital Cambridge 1972 |
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