Routledge Foundations of the Market Economy
About the Book Series
A central theme of the books in this series is the importance of understanding and assessing the economy from a perspective broader than the static economics of perfect competition and Pareto optimality. Accordingly, Institutional arrangements are assessed with respect to their ability to promote the discovery and use of knowledge in society.
The Economics of Time and Ignorance: With a New Introduction
2nd Edition
By Gerald P O'Driscoll Jnr, Mario J Rizzo
May 14, 1996
The Economics of Time and Ignorance is one of the seminal works in modern Austrian economics. Its treatment of historical time and of uncertainty helped set the agenda for the remarkable revival of work in the Austrian tradition which has led to an ever wider interest in the once heretical ideas of...