Capital, Expectations, and the Market Process
This volume consists of 17 of Ludwig Lachmann’s most important papers published during the period 1940-73. Two of the articles appear here in translation for the first time. Prepared especially for this volume is a new essay about the present “crisis” in economic thought. Walter Grinder’s extended introduction analyzes Lachmann’s scholarly career in four countries and his overall intellectual development.
Capital, Expectations, and the Market Process: Essays on the Theory of the Market Economy, ed. with an Introduction by Walter E. Grinder (Kansas City: Sheed Andrews and McMeel, 1977).
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This work is copyrighted by the Institute for Humane Studies, George Mason University, Fairfax, Virginia, and is put online with their permission.
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Table of Contents
- CONTENTS
- Acknowledgements
- PART ONE: INTRODUCTION
- In Pursuit of the Subjective Paradigm: Walter E. Grinder
- 1.
- 2.
- 3.
- 4.
- 5.
- 6.
- 7.
- 8.
- 9.
- 10.
- 11.
- 12.
- Austrian Economics in the Present Crisis of Economic Thought
- 1.
- 2.
- 3.
- 4.
- 5.
- NOTES
- PART TWO: SETTING THE STAGE
- The significance of the Austrian School of Economics in the History of Ideas
- 1.
- 2.
- 3.
- 4.
- 5.
- 6.
- NOTES
- The Role of Expectations in Economics as a Social Science
- 1.
- 2.
- 3.
- 4.
- NOTES
- Professor Shackle on the Economic Significance of Time
- 1.
- 2.
- 3.
- 4.
- NOTES
- The Science of Human Action
- 1.
- 2.
- 3.
- 4.
- 5.
- 6.
- NOTES
- Model Constructions and the Market Economy
- 1.
- INTRODUCTION
- 2.: IN CRITICISM OF ECONOMIC MODELS
- 3.: SOME GUIDELINES FOR THE DEVELOPMENT OF A THEORY OF A MARKET ECONOMY
- NOTES
- PART THREE: THE MARKET PROCESS
- Some Notes on Economic Thought, 1933–1953
- NOTES
- Methodological Individualism and the Market Economy
- 1.
- 2.
- 3.
- 4.
- NOTES
- Economics as a Social Science1
- NOTES
- Ludwing von Mises and the Market Process
- 1.
- 2.
- 3.
- 4.
- NOTES
- PART FOUR: PROBLEMS IN MACROECONOMIC AND CAPITAL THEORY
- Complementarity and Substitution in the Theory of Capital
- 1.
- 2.
- 3.
- 4.
- 5.
- 6.
- NOTES
- Mrs. Robinson on the Accumulation of Capital
- 1.
- 2.
- 3.
- 4.
- 5.
- NOTES
- Sir John Hicks on Capital and Growth: (Review Article)
- 1.
- 2.
- 3.
- 4.
- 5.
- NOTES
- Sir John Hicks as a Neo-Austrian: (Review Article)
- 1.
- 2.
- 3.
- 4.
- 5.
- NOTES
- A Reconsideration of the Austrian Theory of Industrial Fluctuations
- 1.
- 2.
- 3.
- 4.
- 5.
- 6.
- 7.
- NOTES
- PART FIVE: ON ECONOMIC POLICY
- Causes and Consequences of the Inflation of Our Time
- 1.
- 2.
- 3.
- 4.
- 5.
- NOTES
- The Market Economy and the Distribution of Wealth
- NOTES
- Cultivated Growth and the Market Economy
- 1.
- 2.
- 3.
- 4.
- NOTES
- APPENDIX: Economic Writings of Ludwig M. Lachmann
- Books and Monographs
- Articles
- INDEX
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