Austrian and Post-Marshallian Economics: The Bridging Work of George Richardson

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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
Original languageEnglish
Place of PublicationFrederiksberg
PublisherDRUID - Danish Research Unit for Industrial Dynamics
Number of pages26
ISBN (Print)8778730031
Publication statusPublished - 1996
SeriesDRUID Working Paper
Number96-04

Cite this

Foss, N. J. (1996). Austrian and Post-Marshallian Economics: The Bridging Work of George Richardson. DRUID - Danish Research Unit for Industrial Dynamics. DRUID Working Paper, No. 96-04