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Expectations and the Meaning of Institutions

Essays in Economics by Ludwig M. Lachmann

by Don Lavoie(ed.)
Expectations and the Meaning of Institutions by Don Lavoie
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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.
Taylor and Francis; August 2005
340 pages; ISBN 9781134842919
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Title: Expectations and the Meaning of Institutions
Author: Don Lavoie