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EN
From a certain perspective Murray Rothbard may be seen as the most important Austrian School economist in its hundred and fifty year history. The decisive aspect is how we define an “Austrian economist” — whether we understand it as a historical term in the Viennese tradition, or accepta more modern meaning, associated with the emigrating tradition after the Second World War. In the article we will demonstrate the most important theoretical contributions of Rothbard, which are mostly crucial for the Austrian economics. Along with it we will also attempt to show that they mean a lot for economics in general. In the end, we will describe the vital role Rothbard played in shaping Austrian tradition in the last generations.
EN
The dialog that has been conducted for a few years between a group of Christian social thinkers and economists on moral aspects of economic activity has led to the creation of a new science discipline called economic personalism. On the one hand it stipulates the need to express economic processes within ethical categories, on the other hand it perceives the necessity to elaborate a strong economic theory. Economic personalists refer to the works of those thinkers who returned to the basic economic inspiration as a field belonging predominantly to moral philosophy. This school is sometimes called the Austrian School or the School of Classical Liberalism. A significant role in the economic personalism development was performed by its forerunners who noticed what was lacking in the previous interpretations of Catholic social thought. Among the there are John Paul II, Michael Novak, Rocco Buttiglione and the Acton Institute. The intellectual sources of economic personalism are mainly related to concept of personalism developed in Poland. Its specific thesis, seen in the maxim that “each person ought to be affirmed for the sake of it itself” also relates to the economic life. Economic personalists formulate principles that are spokesmen in order to promote a free society built on virtues. They are expressed in the following way: pre-eminence of a human being: economy and human dignity; human capital: creation and creativity; dignity of human work: calling for enterprise, integral development of human being, manufacture and personalism, participation, economic common wealth, helpfulness, market restrictions; preferential option for the poor: solidarity and social equity.
EN
This article is an attempt to analyze the reception of the Austrian School in Austria and Germany in general. The article aims to present the attitude of German and Austrian scientists and political leaders to the liberal ideas presented by the Austrian School. The author has discussed the birth of the Austrian School, methodenstreit, and the causes of the gradual removal of the heritage of Carl Menger and his successors from Austria.
EN
The history of the idea of neutrality of money begins with David Hume. There are at least five types of money neutrality. They could be grouped into neutrality relating to the moment (static neutrality and institutional neutrality) and neutrality relating to the period (dynamic neutrality, superneutrality, monetary neutrality). In mainstream economics, views on neutrality have changed over the years. Monetarism has differentiated views on the neutrality of money. The Austrian school remains sceptical about this simplification of the monetary economy. The theory of the real business cycle accepts any kind of neutrality in the period, and neutrality at the moment is not an important issue for it. Keynesianism focuses on neutrality in the short term and is sceptical about it.
EN
This article is an attempt to analyse and interpret the position of the representatives of the Austrian School towards the political activity of politicians associated with the US Republican Party in the second half of the 19th century. This article proves that in the opinion of the representatives of the one of the most radical and uncompromising social and economic science school the US Republican Party was a political group which supported centralisation of power, mercantilism, subsidies for big business and realisation of the model of state which would be compatible with their religious beliefs. The author shows that the Republican president Abraham Lincoln was critically perceived by adherents of the Austrian School, who accused him of limiting liberties, especially in the economic aspect.
PL
Niniejszy artykuł jest próbą analizy i interpretacji stanowiska reprezentantów Szkoły Austriackiej wobec działalności amerykańskich polityków Partii Republikańskiej w II połowie XIX wieku. Artykuł ten wykaże, że zdaniem przedstawicieli jednej z najbardziej radykalnych i bezkompromisowych szkół z dziedziny nauk społecznych i ekonomicznych Partia Republikańska była ugrupowaniem politycznym popierającym centralizację władzy, merkantylizm, subsydia dla wielkiego biznesu oraz realizację modelu państwa zgodnie z podzielanymi przez siebie przekonaniami religijnymi. Autor wykaże, że republikański prezydent Abraham Lincoln był krytycznie postrzegany przez badaczy Szkoły Austriackiej, którzy oskarżali go o ograniczenie wolności, w tym zwłaszcza ekonomicznej.
EN
This paper is an attempt to systematize the methodological insights and contributions of the Austrian School of Economics and present them in their most up-to-date elaboration, thereby building on the earlier literature on the subject. It aims to improve on the publications listed above in two aspects. First, it takes into account the most recent conceptual developments that address some of the common misunderstandings of the Austrian methodological position, as well as some of its more insightful contemporary criticisms. Second, it organizes the presentation of the relevant material around several clearly specifi ed methodological dimensions, while, in contrast to most of the abovementioned literature, keeping the description of the historical background behind the development of the Austrian method to an absolute minimum, as well as leaving out the non-methodological differences between the ASE and its intellectual rivals, thus aiming to make the presentation in question maximally focused and thematically unified.
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PL
Ludwig von Mises należał do ostatniego pokolenia ludzi urodzonych w galicyjskim Lwowie. Jego życie dowodzi, że mimo katastrofy dziejowej, jakiej doświadczyła Austria, można ocalić wolnościowego ducha galicyjskiego i oddziaływać na rozwój współczesnej ekonomii. We Lwowie kształtował się jego bezkompromisowy charakter moralny, czemu dał potem wyraz w Wiedniu, gdy przyjął za swą sentencję życiową wskazanie Wergiliusza: „ty złemu nie ustępuj, lecz przeciw niemu idź śmielej”. W artykule zajęto się recepcją późniejszej twórczości Misesa. Analiza jego wybranych dzieł wskazuje, że przez całe życie prowadził „walkę teoretyczną” ze stworzonym przez Marksa projektem społeczeństwa i gospodarki, wcielanym następnie w życie za pomocą terroru.
EN
Ludwig von Mises belonged to the last generation of people born in the Galician Lviv. His life proves that despite the historical catastrophe suffered by Austria, the free spirit of Galicia can be saved and influence the development of modern economics. His uncompromising moral character took shape in Lviv, which he later expressed in Vienna when he adopted Virgil’s injunction as his life motto: “Yield not thou to ills, but go forth to face them more boldly than thy Fortune shall allow thee”. The article deals with the reception of Mises’s later work. An analysis of his selected works shows that throughout his life he waged a ‘theoretical struggle’ against the blueprint for society and the economy created by Marx, subsequently embodied through terror.
EN
The article starts with a brief description of Mises’ monetary theory, with emphasis on the Misesian differentiation of two kinds of credit: commodity and circulation credit, and with the description of the impact of circulation credit expansion on the business cycle. Further on it is described how Mises’ insights constituted the kernel of Austrian Business Cycle Theory, and how the same observations on the nature of credit constituted the kernel of the Chicago Plan (though Mises’ views on the nature of credit led him to different conculsions than it led the authors of the Chicago Plan), and how this plan is being “rediscovered” now. The following sections deal with observations of one of the preeminent current macroeconomic researches, Mr. Claudio Borio, on the elasticity of credit as the source of the current crisis, and on the importance of the financial cycle in analysing the current economic crisis. The author of this text demonstrates that Austrian Business Cycle Theory gave the same answer regarding the sources of economic crises that now modern macroeconomic theory seems to be approaching, and that the postulates for successful financial cycle modeling are already included in the ABCT. Finally, some observations on the current crisis, as well as proposals of avenues of further research are proposed.
PL
Niniejszy artykuł jest próbą analizy i interpretacji stanowiska reprezentantów Szkoły Austriackiej wobec znaczenia i roli jednostki oraz społecznej kooperacji w rozwoju cywilizacji. Celem artykułu jest zbadanie, czy i jak według reprezentantów Szkoły Austriackiej jednostki i społeczna kooperacja miały wpływ na rozwój cywilizacji, dając podstawy zwiększenia dobrobytu społeczeństwa oraz rozszerzenia ludzkiej wolności, zapewniając pokojowe relacje między ludźmi. Autor skupi się na myśli politycznej autorstwa reprezentantów Austriackiej Szkoły Ekonomicznej w osobach Ludwiga von Misesa, Murraya Rothbarda, Butlera Shaffera czy Thomasa DiLorenzo. Artykuł wykaże, że według reprezentantów instytucje społeczne, takie jak: prawa własności, wolność jednostek, społeczna kooperacja czy wolny rynek, są dorobkiem cywilizacji zachodniej. Omówiony zostanie także pogląd, dlaczego złe idee są główną przyczyną niszczenia cywilizacji. Autor posłużył się podejściem interpretatywnym i analizą treści.
EN
This article is an attempt to analyze and interpretation of position of the representatives of the Austrian School versus importance and the role of the individual and the social cooperation in the development of the civilization. The aim of this article is examined, according to the representatives of the Austrian School, that the individuals and the social cooperation have influence on the development of the wealth of the society and increase of human liberty and also guarantee of peaceful cooperation between humans. Author focus on political thought of the representatives of the Austrian School in the persons like Ludwig von Mises, Murray Rothbard, Butler Shaffer or Thomas DiLorenzo. Article show that in opinions of the representatives of the Austrian School social institutions like property rights, personal freedom, social cooperation or free market are products of Western Civilization. In the text discuss will be belief that bad ideas are main causes of destructions of civilizations. Author used an interpretative approach and context analysis.
PL
Artykuł przedstawia stanowisko teoretyczne w badaniu życia społecznego stojące na gruncie transcendentalnego realizmu i metodologicznego indywidualizmu (akceptującego realność ustrukuryzowanych bytów społecznych), uznające wysoką kompleksowość życia społecznego i jego ewolucyjny charakter. Stanowisko to formułowane jest w opozycji do konstruktywizmu i holizmu. Inspiracją do sposobu budowania teorii w naukach społecznych jest zreinterpretowane podejścia Alfreda Schutza. Reinterpretacja wskazuje na te zasadnicze cechy koncepcji Schutza, które lokują go bliżej teorii racjonalnego wyboru niż interpretatywnego postmodernizmu, za którego prekursora bywa uważany. Koncepcją bliską dyskutowanym w tekście postulatom jest socjologia analityczna, w tym akcentowane w niej ukierunkowanie na przyczynowe badanie mechanizmów społecznych i relacji mikro-makro.
EN
The paper presents the theoretical approach to the research of social life based on transcendental realism and methodological individualism (accepting the existence of structured social entities), recognizing the high complexity of social life and its evolutionary character. This positio n is formulated in opposition to constructivism and holism. The mode of constructing social theories is inspired by a reinterpretation of Alfred Schütz’s approach that focuses on the features of Schütz’s concept which bring him closer to the rational choice theory than to interpretative postmodernism, even though he is often considered as the proponent of the latter. The ideas presented in the paper are close to those developed in the scope of analytical sociology, especially to its emphasis on causal research of social mechanisms and micro-macro relationships.
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