AUSTRIAN SCHOOL. MARKET ORDER, FREE EXCHANGE AND ENTREPRENEURSHIP

Discover the fascinating world of Austrian economics by exploring the principles of the free market, exchange, and entrepreneurship. This book is the essence of economic thought, offering an alternative perspective on the mechanisms that govern the financial world. Ideal for students, economists, and anyone interested in understanding how the economy really works.

• Latest handbook of Austrian economics
• Comparison with the neoclassical paradigm
• Foundation of knowledge about the free market
• Crucial in times of economic crises
• Explanations and antidote for crises
• Return of the free market economy in the 21st century
• Essential knowledge of the basics of the Austrian School

The Austrian School is an economic school of thought that has gained importance in recent years, offering unique perspectives on the functioning of markets, the role of money, and the causes of economic crises. Its proponents, such as Ludwig von Mises, Friedrich Hayek, and Murray Rothbard, have created a rich theoretical body of work that inspires the search for alternative solutions to today's economic problems. This publication is an excellent introduction to this fascinating world of ideas.

The author of this book, one of the most prominent contemporary representatives of the Austrian School, explains its basic assumptions and concepts in an accessible way. He compares the Austrian paradigm with mainstream neoclassicism, showing the differences and similarities between them. This allows the reader to better understand the specifics of Austrian thinking and its contribution to the development of economic theory. This book is not only a textbook, but also an invitation to think more deeply about the nature of the market order and the role of entrepreneurship in the creation of wealth.

In times of economic crises, for which the neoclassical school cannot find a reliable explanation or antidote, knowledge of the basics of the Austrian School becomes indispensable. The author has no doubt that the 21st century is the century of the return of the free market economy, and understanding its principles is the key to success in a dynamically changing world. This book is a compendium of knowledge for all those who want to understand how the economy really works and what forces drive it. It is an investment in knowledge that will certainly pay off in the future, allowing for a better understanding of the surrounding reality and making more informed economic decisions.

Social relations in which we deal with money are abstract and difficult to understand, and therefore the knowledge that arises from them is complicated and elusive, causing successive economic recessions. Discover the secrets of the Austrian economy and gain knowledge that will allow you to better understand the financial world.