Today, the tradition of Austrian economics is enjoying a resurgence. Austrian economists are engaged in theoretical and applied research on a wide array of topics. What unifies this school of thought—what might be called its theme—is the methodological outlook of its members: subjectivism.
White concentrates on six authors who have been most notable for their use and defense of the subjectivist approach: Carl Menger, Friedrich von Wieser, Eugen von Böhm-Bawerk, Ludwig von Mises, Friedrich A. Hayek, and Ludwig Lachmann.
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Lawrence H. White
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White is a professor of economics at George Mason University in Fairfax, Virginia.
Volume 2, Number 2 (1978) The municipal reform movement of the progressive era succeeded throughout America in establishing local government monopoly in the provision of urban services. Competitive...
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Bankruptcy law is a system of interventionary legislation which interferes with the ability of individuals freely to establish the terms of loan contracts. It benefits the less prudent and less...
