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

Book Details

Format Paperback / Softback
ISBN-10 1138006777
ISBN-13 9781138006775
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date Dec 23rd, 2014
Print length 340 Pages
Weight 408 grams
Product Classification: Economic theory & philosophy
Ksh 10,600.00
Werezi Extended Catalogue 0 in stock

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This collection of Lachmann's essays outline his approach to economics and, in particular, his emphasis on the meaning of human institutions in a world of unpredictable change, rather than on quantitative and stable relations.
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 published.

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