The New Subjectivist Revolution by James P. Gunning: Book Cover

    The New Subjectivist Revolution: An Elucidation and Extension of Ludwig Von Mises' Contributions to Economic Theory by James P. Gunning

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    (Hardcover)

    • Pub. Date: January 1991
    • 280pp
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      Product Details

      • Pub. Date: January 1991
      • Publisher: Rowman & Littlefield Publishers, Inc.
      • Format: Hardcover, 280pp

      Synopsis

      This book reveals the surprising fact that Ludwig von Mises made seminal contributions to methodology, the concept of equilibrium, and macroeconomics that have not previously been recognized either in mainstream economics or by most of the Austrians. In addition, it goes beyond Mises and others in elucidating the microeconomic concepts of entrepreneurship, profit and loss, and the theory of the firm. Its method of building on a foundation of the reader's personal understanding of human action is a refreshing and inventive approach to communicating these crucial concepts in economic theory.

      Author Biography: James Gunning is Associate Professor of Economics at the University of Papua, New Guinea.

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