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This collection of essays from one of the major Austrian economists working in the world today brings together in one place some of his key writings on a variety of economic issues.
This collection of essays from one of the major Austrian economists working in the world today brings together some of his key writings on a variety of economic issues.
This book clarifies the specific nature of the Austrian theory and restores the unity and open-mindedness of the Austrian school in general. The intention is not to offer a collection of different or parallel ideas, but rather to retrace, from a pedagogic
This highly topical book presents a new theory on the characteristics of entrepreneurial knowledge. It explores the recent shift among professional economists and scholars in their evaluation of the debate of socialism. Socialism, Economic Calculation and Entrepreneurship presents an application of Israel M. Kirzner's theory of entrepreneurship to the theory of the impossibility of socialism. It discusses the influence of the fall of socialism, with particular reference to the evolution of economic thought.
This book analyzes the structure of coordination from two perspectives: the symmetrical properties the construction imposes on its conjuncts, and how conjuncts interact with other categories outside coordination with respect to agreement and other grammatical phenomena. A substantial amount of data represented in this book are taken from varieties of Spanish. Unlike English, Spanish has a rich pattern of overt agreement between the subject and the verb, between nouns and adjectives, and also between clitics and lexical DP objects and indirect objects. Spanish agreement paradigms reveal very interesting patterns of agreement mismatch that provide important theoretical insights. Unless otherwise specified, it can be assumed that non-English examples are from Spanish. IX CHAPTER #1 INTRODUCTION Although coordination has figured more or less steadily in the Generative tradition beginning with Chornsky's (1957) Conjunction Transformation (later known as Conjunction Reduction), until recently, the two prevailing areas of research had been ellipsis (see, for example, Van Oirsouw 1987) and the semantic interpretation of conjuncts.' The internal structure of coordination was usually left unanalyzed, or assumed to be ternary branching, as in (I).
This book explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Set within a context of the recent financial crisis, alongside the renewed interest in Hayek and the Hayek-Keynes debate, the book introduces the main themes of Hayek’s thought. These include the division of knowledge, the importance of rules, the problems with planning and economic management, and the role of constitutional constraints in enabling the emergence of unplanned order in the market by limiting the perverse incentives and distortions in information often associated with political discretion. Key to understanding Hayek's development as a thinker is his emphasis on the knowledge problem that economic decision makers face and how alternative institutional arrangements either hinder or assist them in overcoming that epistemic dilemma. Hayek saw order emerging from individual action and responsibility under the appropriate institutional order that itself emerges from actors discovering new and better ways to coordinate their behavior. This book will be of interest to all those keen to gain a deeper understanding of this great 20th century thinker in economics.
Time pressure, speed and the desire for instant consumption pervade accounts of contemporary lives. Why is it that people feel pressed for time, in what ways have societies changed to create this condition, and with what implications? This book examines critical contentions in the field of time and society, ranging from the emergence and dominance of ‘clock time’ and time discipline, the time pressures associated with consumer culture, through to technological innovation and the acceleration of everyday lives. Through extensive analysis of empirical studies of the changing ways in which people organise and experience home, work, leisure, consumption and personal relationships, time pressure is shown to be a problem of the coordination and synchronization of activities. Appreciation of temporal rhythms – formed and reproduced through the organisation and performance of social practices – is necessary to tackle the challenges of coordination, and offers new avenues for analysing social issues such as sustainable consumption, health and well-being. This book is essential reading for all of those interested in social change, consumption and time, including researchers and students from across the social sciences.
Distributed Coordination of Multi-agent Networks introduces problems, models, and issues such as collective periodic motion coordination, collective tracking with a dynamic leader, and containment control with multiple leaders, and explores ideas for their solution. Solving these problems extends the existing application domains of multi-agent networks; for example, collective periodic motion coordination is appropriate for applications involving repetitive movements, collective tracking guarantees tracking of a dynamic leader by multiple followers in the presence of reduced interaction and partial measurements, and containment control enables maneuvering of multiple followers by multiple leaders.