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- About this book
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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.
- About the authors
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Hendrik Hagedorn is a physicist and an economist. He works at an institute for applied economic research in Germany.
- Table of contents (9 chapters)
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Introduction
Pages 1-4
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The setup of the model
Pages 5-21
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Household behavior
Pages 23-29
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Firm behavior
Pages 31-42
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Bank behavior
Pages 43-47
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Table of contents (9 chapters)
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Bibliographic Information
- Bibliographic Information
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- Book Title
- A model of Austrian economics
- Authors
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- Hendrik Hagedorn
- Copyright
- 2015
- Publisher
- Gabler Verlag
- Copyright Holder
- Springer Fachmedien Wiesbaden
- eBook ISBN
- 978-3-658-07077-9
- DOI
- 10.1007/978-3-658-07077-9
- Softcover ISBN
- 978-3-658-07076-2
- Edition Number
- 1
- Number of Pages
- VIII, 104
- Number of Illustrations
- 16 b/w illustrations, 10 illustrations in colour
- Topics
