9780300228229 - The Marginal Revolutionaries

The Marginal Revolutionaries

In 'The Marginal Revolutionaries', Janek Wasserman delves into the fascinating history of the Austrian School of Economics, a group of thinkers who revolutionized economic thought in the late 19th and early 20th centuries. This meticulously researched book explores the lives and ideas of key figures such as Carl Menger, Eugen von Böhm-Bawerk, Ludwig von Mises, and Friedrich Hayek, whose work laid the foundation for modern libertarian and free-market ideologies. Wasserman's narrative not only captures the intellectual battles these economists fought against socialism and interventionism but also situates their contributions within the broader cultural and political upheavals of their time. With a keen eye for detail, the author reveals how these marginal revolutionaries challenged the prevailing economic paradigms and championed the cause of individual freedom and limited government. This book is an essential read for anyone interested in the history of economic thought, the development of neoliberal policies, or the intellectual roots of contemporary debates on market regulation and state power.

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€17.95
GOED
Auteur Janek Wasserman
ISBN 9780300228229
Taal en
Bindwijze Hardcover
Tags Austrian School of Economics economic history Libertarianism Free Market Janek Wasserman

Janek Wasserman's 'The Marginal Revolutionaries' offers a compelling and nuanced examination of the Austrian School's impact on economic theory and practice. The book's strength lies in its ability to weave together biographical sketches with deep dives into complex economic concepts, making the subject accessible to both specialists and general readers. Wasserman's portrayal of the economists as both brilliant thinkers and flawed human beings adds depth to the narrative, though some critics might argue that the book occasionally leans too heavily on intellectual history at the expense of broader social and economic contexts. Despite this, the author's rigorous research and engaging prose ensure that the contributions of these marginal revolutionaries are presented with the clarity and respect they deserve. The book's exploration of the tensions between the Austrian School and other economic traditions provides valuable insights into the ideological conflicts that continue to shape our world today.

'The Marginal Revolutionaries' by Janek Wasserman is a comprehensive exploration of the Austrian School of Economics, tracing its origins, evolution, and enduring influence. The book begins with Carl Menger's groundbreaking work on marginal utility, which challenged classical economic theories, and follows the development of the school through the contributions of its most prominent members. Wasserman highlights the school's emphasis on methodological individualism, subjective value, and the importance of market processes, while also examining the personal and professional struggles of its key figures. The narrative culminates in the mid-20th century, when the ideas of Ludwig von Mises and Friedrich Hayek gained prominence in the face of rising socialism and Keynesian economics. Through meticulous research and vivid storytelling, Wasserman demonstrates how the Austrian School's radical ideas about freedom, competition, and spontaneous order continue to resonate in contemporary economic and political debates.