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the Austrian School Historical perspective and the role of entrepreneurship in austrian economicsde Soto's

In: A Research Annual

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  • Subbu Kumarappan

Abstract

For the most part, the book presents a comparative assessment of Austrian economic theories with the predominant neo-classical economic theories. One fundamental theme is that Austrian economic theories are significantly better than that of neo-classical economics and the author provides a variety of reasons to support that conclusion. The author starts with a direct comparison of these two schools in chapter 1. The comparison of the neo-classical economic principles and methodology with Austrian thinking is done in a commendable manner and the summary table in chapter 1 is excellent.

Suggested Citation

  • Subbu Kumarappan, 2010. "the Austrian School Historical perspective and the role of entrepreneurship in austrian economicsde Soto's," Research in the History of Economic Thought and Methodology, in: A Research Annual, pages 361-368, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:rhetzz:s0743-4154(2010)000028a018
    DOI: 10.1108/S0743-4154(2010)000028A018
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