Austrian and Post-Marshallian EconomicsThe Bridging Work of George Richardson
Austrian and post-Marshallian economics share a number of concerns, such as a basic subjecticist stance and an emphasis on the importance of inquiry into the disequilibrium market process. This paper details similarities and differences between these two bodies of thought, and argue that a closer liaison is possible. George Richardson's work is presented as a possible bridge, since his work incorporates both Austrian and post-Marshallian elements. The paper ends by sketching a combined Austrian and post-Marshallian approach to the firm.
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- Brian J Loasby, 1994. "Understanding Markets," Working Papers Series 94/4, University of Stirling, Division of Economics.
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- repec:eme:jespps:v:22:y:1995:i:1:p:23-44 is not listed on IDEAS
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- O'Brien, D P, 1990. "Marshall's Industrial Analysis," Scottish Journal of Political Economy, Scottish Economic Society, vol. 37(1), pages 61-84, February.
- G. B. Richardson, 1965. "The Theory Of Restrictive Trade Practices," Oxford Economic Papers, Oxford University Press, vol. 17(3), pages 432-449.
- Peter Earl, 2012. "Behavioural Theory," Chapters, in: Handbook on the Economics and Theory of the Firm, chapter 10 Edward Elgar Publishing.
- Vaughn,Karen I., 1994. "Austrian Economics in America," Cambridge Books, Cambridge University Press, number 9780521445528, December.
- Foss, Nicolai Juul, 1993. "Theories of the Firm: Contractual and Competence Perspectives," Journal of Evolutionary Economics, Springer, vol. 3(2), pages 127-144, May.
- Minkler, Alanson P, 1993. "The Problem with Dispersed Knowledge: Firms in Theory and Practice," Kyklos, Wiley Blackwell, vol. 46(4), pages 569-587.
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