THE IMPORTANCE OF MISES' TREATISE AT THE BEGINNING OF 21TH CENTURY

• Authors: Machaj Mateusz
• Languages of publication: PL

Abstracts

EN

The article demonstrates the significance of the L. von Mises 'Human Action' for modern economic science. Following the words of Vernon Smith, Noble Prize Winner, the author argues that even though economics has been developed since the publication of 'Human Action' (1949) the basic message of that book remains intact. He is going to show how it helped Mises to develop his own unique paradigm by which he turned away from his Austrian predecessors (Menger and Boehm-Bawerk). In consequence he also stands in opposition to modern schools of thought. To demonstrate this the author is going to emphasize four most important pillars: imputation theory, monetary theory, economic policy approach and economic methodology.

Keywords

EN

AUSTRIAN SCHOOL; ECONOMIC POLICY; METHODOLOGY OF ECONOMICS; MISES L. VON; MONETARY THEORY

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Institute of Economic Sciences, Polish Academy of Sciences
• Journal: Studia Ekonomiczne (Economic Studies)
• Year: 2008
• Issue: 3-4(58-59)
• Pages: 285-298
• Document type: ARTICLE

Contributors

author

Machaj Mateusz

• Mateusz Machaj, Uniwersytet Wroclawski, Wydzial Prawa, Administracji i Ekonomii, Instytut Nauk Ekonomicznych, ul. Uniwersytecka 22/26, 50-145 Wroclaw, Poland

Identifiers

CEJSH db identifier

09PLAAAA05763