The Fallacy of the Mixed Economy

Stephen Littlechild

Chapter 7 in A Critique of Keynesian Economics, 1993, pp 169-224 from Palgrave Macmillan

Abstract: Abstract In 1974, Professor Friedrich Hayek was (jointly) awarded the Nobel Prize in Economics.1 Hayek is nowadays accepted as the leader of the so-called ‘Austrian School of Economics’. Over the last three years there has been an increasing number of references, in the press and the economics literature, to this school of thought. The influential American magazine Business Week, for example, has run two feature articles on the implications of Austrian ideas for macroeconomic policy. There have been several sessions on leading Austrians at professional economics meetings in the USA and, more recently, in Britain. A series of introductory weekend seminars in London and major American cities has attracted over a thousand participants. Exponents of the Austrian approach have themselves been on lecture tours to many universities, and a series of reprints and original papers in Austrian economics is now under way, sponsored by the Institute for Humane Studies.

Keywords: Austrian Economic; Austrian School; Market Process; Aircraft Noise; Methodological Individualism (search for similar items in EconPapers)
Date: 1993
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-22481-4_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349224814

DOI: 10.1007/978-1-349-22481-4_7

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().