After the most recent financial crisis it has become clear that there exists a crisis also in economics as a science. The prevailing paradigms have failed to anticipate and to understand the financial crisis. New approaches are therefore needed. Of particular interest should be approaches that combine insights from those parts of economics that are largely neglected by the mainstream. Hendrik Hagedorn presents a model that synthesizes elements of Austrian, post-Keynesian, and evolutionary economics. Thus, an economic paradigm is developed that challenges neoclassical economics as a whole.

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Authors and Affiliations

Universität Münster, Münster, Germany

Hendrik Hagedorn

About the author

Hendrik Hagedorn is a physicist and an economist. He works at an institute for applied economic research in Germany.

Bibliographic Information

Book Title: A model of Austrian economics
Authors: Hendrik Hagedorn
DOI: https://doi.org/10.1007/978-3-658-07077-9
Publisher: Springer Gabler Wiesbaden
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: Springer Fachmedien Wiesbaden 2015
Softcover ISBN: 978-3-658-07076-2Published: 18 September 2014
eBook ISBN: 978-3-658-07077-9Published: 04 September 2014
Edition Number: 1
Number of Pages: VIII, 104
Number of Illustrations: 16 b/w illustrations, 10 illustrations in colour
Topics: Economic Theory/Quantitative Economics/Mathematical Methods, Economics, general

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Table of contents (9 chapters)

Front Matter

Back Matter

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