A critique of definitions in economics from an Austrian perspective: macroeconomics
Laura Davidson and
Walter E Block
Journal of Economic and Administrative Sciences, 2016, vol. 32, issue 1, 2-19
Abstract:
Purpose - – The purpose of this paper is to clarify definitions in economics. Design/methodology/approach - – To apply the insights of Austrian economics to terms widely used in the profession. Findings - – The authors find that the Austrian approach brings clarification to communication. Originality/value - – The authors know of no other such attempt. Therefore this paper presumably has some originality.
Keywords: Business education; Finance and banking (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:eme:jeaspp:v:32:y:2016:i:1:p:2-19
DOI: 10.1108/JEAS-08-2015-0028
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