Expectations and the Meaning of Institutions: Essays in Economics by Ludwig M. Lachmann

Expectations and the Meaning of Institutions: Essays in Economics by Ludwig M. Lachmann
ISBN-10
1134842910
ISBN-13
9781134842919
Category
Business & Economics
Pages
340
Language
English
Published
2005-08-19
Publisher
Routledge
Author
Don Lavoie

Description

This collection of Ludwig Lachmann's essays challenges contemporary attitudes to economics and seeks to apply an interpretive approach to the discipline. The essays, spanning six decades, address a wide range of issues in microeconomics, macroeconomics, methodology and the history of thought. They outline Lachmann's approach to economics, with the emphasis on the meaning of human institutions in a world of unpredictable change, rather than on quantitative and stable relations. Collecting Lachmann's most important work together for the first time, it includes two essays never previously publish.

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