Austrian and Post-Marshallian EconomicsThe Bridging Work of George Richardson

Nicolai Foss ()

No 96-4, DRUID Working Papers from DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies

Abstract: Austrian and post-Marshallian economics share a number of concerns, such as a basic subjecticist stance and an emphasis on the importance of inquiry into the disequilibrium market process. This paper details similarities and differences between these two bodies of thought, and argue that a closer liaison is possible. George Richardson's work is presented as a possible bridge, since his work incorporates both Austrian and post-Marshallian elements. The paper ends by sketching a combined Austrian and post-Marshallian approach to the firm.

Keywords: Austrian economics; post-Marshallian economics; George Richardson; the theory of the firm (search for similar items in EconPapers)
JEL-codes: B13 B25 D20 (search for similar items in EconPapers)
Date: 1996
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Citations: View citations in EconPapers (1)

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