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Basic Income and the Free Market
Discusses whether the Basic Income Guarantee could offer an alternative to both laissez-faire and existing welfare systems in developed countries - often criticized by both advocates and critics of laissez-faire - thus opening a constructive dialog in policy discussion.
The Driving Force of the Collective
This book investigates why Austrian economists fail to apply the spontaneous order framework to cooperative relationships – such as a dynamic and evolving public sector – that might complement a thriving market. In direct response to Israel Kirzner's The Driving Force of the Market, Nell challenges traditional Austrian economics by proposing "democratic process theory" as a parallel to market process theory, highlighting the possibilities for an economic organization that harnesses the power of transparent and effective democracy. Keeping in mind the central problems experienced in socialist and capitalist countries due to self-interested political and economic actors, The Driving Force of the Collective highlights the public sector advantages of allowing culture and institutions to evolve endogenously as a spontaneous public sector order.
Austrian Theory and Economic Organization
The Austrian economic school famously predicted and explained the problems of calculation in a socialist society. With their concept of spontaneous order, they challenged mainstream economists to look beyond simplified static models and consider the dynamic and evolutionary characteristics of social orders. However, many feel that Austrians took their victory too far and became ideologically devoted to laissez-faire. Austrian Theory and Economic Organization is a collection of essays on problems and possibilities in economic organization, written by economists and political scientists with an interest in the dynamic and evolutionary nature of market economies. Each chapter explores areas of potential agreement between Austrian theory, market socialist economics, and other heterodox schools of economic and political science. The collection aims to bridge cultural and political divisions between free market advocates who stress individual rights and left-leaning thinkers who stress social justice and a culture of solidarity.
Austrian Economic Perspectives on Individualism and Society
Can we improve upon both the free market and nationalization? Market socialist and other heterodox exploration of cultural and social factors can help answer this question using Austrian economic theory. This volume brings together economists and political scientists specializing in evolutionary change and spontaneous order. Spontaneous order and other Austrian theories are complemented by the consideration of cultural, social and communal interaction. Austrian Economic Perspectives on Individualism and Society bridges the gap between free market advocates stressing individual rights and individualistic culture, and left-leaning thinkers who stress social justice and a culture of social solidarity, or collectivism.
Spontaneous Order and the Utopian Collective
Vladimir Lenin, Leon Trotsky, and Nikolai Bukharin were the three leaders of the Russian Revolution who shaped the new society most, both through their theories and their political leadership. All three were motivated by the ideal of building a utopian collective. Once in power, they tirelessly tried to put their vision into practice, but the Soviet system that resulted was nothing like the one they tried to create. In Spontaneous Order and the Utopian Collective, Nell takes her cue from the personal writings and documents of Lenin, Trotsky, and Bukharin to consider them anew from an Austrian theoretical perspective, analyze the divergence between theory and practice using a spontaneous order framework, and identify three interconnected prerequisites necessary for a utopian collectivist society. Nell then asks whether it might be possible to create this utopian collective somehow, and avoid the pitfalls of planning.
Austrian Economic Perspectives on Individualism and Society
Can we improve upon both the free market and nationalization? Market socialist and other heterodox exploration of cultural and social factors can help answer this question using Austrian economic theory. This volume brings together economists and political scientists specializing in evolutionary change and spontaneous order. Spontaneous order and other Austrian theories are complemented by the consideration of cultural, social and communal interaction. Austrian Economic Perspectives on Individualism and Society bridges the gap between free market advocates stressing individual rights and individualistic culture, and left-leaning thinkers who stress social justice and a culture of social solidarity, or collectivism.
Rediscovering Fire
In this book, Guinevere Liberty Nell visits this historical laboratory of social science to study the lessons in basic economics that it teaches. Nell observes that the founders of the Soviet experiment, Lenin and other Bolshevik leaders, wrote volumes of articles and books on Marxist theory and then proceeded to enact the very policies that they promised. Therefore the Soviet experiment provides an ideal lens through which to view the consequences of various interpretations of economic theories and Marxist theories. However, despite the wealth of information available on the Soviet experiment, few writers have closely analyzed this historical process and what lessons it might offer for mark...
