This book examines the development of the ideas of the new Austrian school from its beginnings in Vienna in the 1870s to the present. It focuses primarily on showing how the coherent theme that emerges from the thought of Carl Menger, Ludwig von Mises, Friedrich Hayek, Ludwig Lachmann, Israel Kirzner and a variety of new younger Austrians is an examination of the implications of time and ignorance (or processes and knowledge) for economic theory.
Annotation This study presents an analysis of US-Iranian relations in the twentieth century, with particular attention to the crisis over nationalization of British oil interests at midcentury. As such, it focuses on the career of Muhammad Musaddiq, who struggled during those years to free his country from foreign influence, and whose memory continued to haunt bilateral relations with the United States up to the Iranian revolution. Throughout, it examines Anglo-American views of Iranians (and by implication of other non-Westerners) which affected - and still affect - the conduct of international relations.
In Essays on Austrian Economics and Political Economy, Karen I. Vaughn takes us through her intellectual journey and career. As a neoclassical economist by training and a specialist in the history of economic thought, Vaughn, although conversant with the Austrian school of economics, did not fully begin to grasp the fundamental differences between the neoclassical and Austrian schools until 1974, when she attended the South Royalton Conference on Austrian Economics organized by the Institute for Humane Studies. This conference sparked her interest in researching core issues in Austrian economics and political economy. She went on to shape the field through her research and intellectual entrepreneurship. This volume collects various explorations of these ideas from throughout her career, including wrestling with the concept of equilibrium through the lenses of Kirzner and Lachmann and building upon Hayek's work by applying systems theory to economics, as well as considering the future of Austrian economics. It is ideal for scholars and students interested in the history and continued advancement of Austrian economics and political economy.
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