IDEAS home Printed from https://ideas.repec.org/a/blg/reveco/v72y2020i2p8-18.html

Austrian Economics And Its Idiosyncratic Ideas For The Digital Age

Author

Listed:
  • CORDUNEANU Alexandru

    (Alexandru Ioan Cuza University of Iași)

Abstract

The intellectual tradition of the Austrian School of Economics has a vivid history for more than two centuries. Generation by generation, the ‘Austrian' economists slowly distanced themselves from the prevailing neoclassical paradigm, explaining the world they lived in and showing the paths to the prosperity. But what can be said about the analysis of the main forces driving the digital era? Would the ideas of the ‘Austrian' forefathers have still something to say? The purpose of this paper is to explore in what respect the Austrian's heterodox ideas could explain the recent technological evolution and guide its the future development.

Suggested Citation

  • CORDUNEANU Alexandru, 2020. "Austrian Economics And Its Idiosyncratic Ideas For The Digital Age," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 72(2), pages 8-18, July.
    • Handle: RePEc:blg:reveco:v:72:y:2020:i:2:p:8-18
    as

    Download full text from publisher

    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/72201corduneanu.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Randall Holcombe, 2014. "Advanced Introduction to the Austrian School of Economics," Books, Edward Elgar Publishing, number 15228, June.
    2. Peter J. Boettke (ed.), 2010. "Handbook on Contemporary Austrian Economics," Books, Edward Elgar Publishing, number 12822, June.
    3. Boettke, Peter & Coyne, Christopher (ed.), 2015. "The Oxford Handbook of Austrian Economics," OUP Catalogue, Oxford University Press, number 9780199811762.
    4. Peter J. Boettke (ed.), 1994. "The Elgar Companion to Austrian Economics," Books, Edward Elgar Publishing, number 53, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Darcy W E Allen, 2020. "When Entrepreneurs Meet:The Collective Governance of New Ideas," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number q0269.
    2. Nick Cowen, 2018. "Robust Against Whom?," Advances in Austrian Economics, in: Austrian Economics: The Next Generation, volume 23, pages 91-111, Emerald Group Publishing Limited.
    3. Audrey Redford, 2020. "Property rights, entrepreneurship, and economic development," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 33(1), pages 139-161, March.
    4. Giandomenica Becchio, 2018. "Gender, Feminist and Heterodox Economics: Interconnections and Differences in a Historical Perspective," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 5-24, March.
    5. Anthony Endres, 2013. "Is the economics of time and ignorance a “classic”?," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 26(1), pages 17-25, March.
    6. Leonid Krasnozhon & John Levendis, 2015. "Mises and prediction markets: Can markets forecast?," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 28(1), pages 41-52, March.
    7. Coyne,Christopher J., 2020. "Defense, Peace, and War Economics," Cambridge Books, Cambridge University Press, number 9781108724036, Enero-Abr.
    8. Alexander Salter, 2015. "Peter J. Boettke & Christopher J. Coyne (eds.), The Oxford handbook of Austrian economics. New York, NY: Oxford University Press, 2015, xiii + 813 pp., USD 150.00 (cloth)," Public Choice, Springer, vol. 165(1), pages 165-167, October.
    9. Bryan Caplan & Edward Stringham, 2005. "Mises, bastiat, public opinion, and public choice," Review of Political Economy, Taylor & Francis Journals, vol. 17(1), pages 79-105.
    10. Daniel Sutter & Daniel J. Smith, 2017. "Coordination in disaster: Nonprice learning and the allocation of resources after natural disasters," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 30(4), pages 469-492, December.
    11. Elias Khalil, 1997. "Friedrich Hayek's Theory of Spontaneous Order: Two Problems," Constitutional Political Economy, Springer, vol. 8(4), pages 301-317, December.
    12. Yong Yik Wei & Aekapol Chongvilaivan & Chew Jing Yang, 2008. "Alternative Approaches to the Development of Early Childhood Education in Singapore," Development Economics Working Papers 22581, East Asian Bureau of Economic Research.
    13. repec:jpe:journl:1247 is not listed on IDEAS
    14. Stefka Koeva, 2006. "About the Austrian Economic Theory, Mises, Hayek and More: a Provoked Answe," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 64-74.
    15. Philippe DULBECCO, 2000. "The Dynamics of the Institutional Change and the Market Economy: An Austrian Analysis," Working Papers 200010, CERDI.
    16. Carlo Zappia, 2008. "Non-Bayesian decision theory ante-litteram: the case of G. L. S. Shackle," Department of Economic Policy, Finance and Development (DEPFID) University of Siena 0408, Department of Economic Policy, Finance and Development (DEPFID), University of Siena.
    17. Virgil Storr, 2010. "Schütz on meaning and culture," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 23(2), pages 147-163, June.
    18. Nicolas Cachanosky, 2014. "The Mises-Hayek business cycle theory, fiat currencies and open economies," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 27(3), pages 281-299, September.
    19. Leonid Krasnozhon & Mykola Bunyk, 2018. "The role of the German Historical School in the development of Mises’s thought," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 31(3), pages 343-357, September.
    20. Ferlito, Carmelo, 2018. "Economics: A Science of Meaning," EconStor Preprints 190821, ZBW - Leibniz Information Centre for Economics.
    21. Stephen Littlechild & Lynne Kiesling, 2021. "Hayek and the Texas blackout," Working Papers EPRG2118, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)
    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • E14 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Austrian; Evolutionary; Institutional
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:blg:reveco:v:72:y:2020:i:2:p:8-18. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Eduard Alexandru Stoica (email available below). General contact details of provider: https://edirc.repec.org/data/feulbro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.