| Description |
1 online resource (181 p.) |
| Series |
Routledge Studies in the European Economy Series |
|
Routledge Studies in the European Economy Series
|
| Contents |
Intro -- Half Title -- Series Page -- Title Page -- Copyright Page -- Dedication -- Contents -- Figures -- Tables -- Contributors -- Acknowledgments -- Introduction -- Part A: Primer -- 1. The Failure of Central Planning and Its Revival as Stakeholder Capitalism -- Who Were Hayek and Mises? -- Decentralized Knowledge and the Need to Coordinate All That People Know -- The Role of Market-Based Prices to Solve Society's Knowledge Problem -- Markets Enable Both Freedom and Use of Knowledge -- The Failure of Central Planning in Practice -- Stakeholder Capitalism as the New Planning Panacea |
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Commonsense Business Neighborliness -- Stakeholder Capitalism Instead of Shareholder Capitalism -- Business Governance for Society and Saving the Planet -- Stakeholder Capitalism Means ""Living Wages"" and Gender/Race Quotas -- Stakeholder ""Prosperity"" Equals Taxes and Social-Justice Jobs -- Stakeholder Capitalism Equals Central Planning -- Stakeholder Capitalism Is Really Economic Fascism -- Stakeholder Planning and Its Counterpart in the Soviet System -- The Irrationality of Stakeholder Planning -- Stakeholder Fascism Means the Loss of Liberty -- Notes -- References |
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2. Carl Menger and the Post-Soviet Transition of Central and Eastern European Economies -- Introduction to the Theories of Carl Menger -- A Short History of Socialism and Austrian Economics -- The Importance of Carl Menger -- The Polish Market Transition -- The Modern Populist Problem -- Conclusion -- Notes -- References -- Part B: New Perspectives in the Theory of Interventionism -- 3. The Disinterventionist Spiral and the Transition Process in Eastern and Central Europe -- Introduction -- Mises's Theory of Interventionism -- Three Comments on Mises's Theory of Interventionism |
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Two Disinterventionist Implications of Mises's Theory of Interventionism -- Reform of the Current Pay-as-You-Go Pension System as a Disinterventionist Spiral -- Transition in Central and Eastern Europe from a Disinterventionist Perspective -- Conclusion -- Note -- References -- 4. Free Trade, Stable Money, and Market Reforms by Top-Down Design: Misesian ""Desperado Policy"" as Daily Routine -- Introduction -- Through Deregulation to Decentralization and Secession -- Through Centralization to Denationalization -- Through European Union to Tariff-Free Trade (within the EU) |
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The Euro against Inflation -- With the European Union to a Successful Transition -- Slippery Slope of the Second-Best? -- Conclusion -- Notes -- Bibliography -- 5. Röpke and His Theory of Deglobalization: An Application to Current Perspectives -- Introduction -- Deglobalization in the Twenty-First Century? -- Röpke's International Economic (Dis)integration Theory -- Necessary Conditions for the Emergence of an International Economic Order -- Condition 1: Existence of an International Meta-Economic Framework -- Condition 2: Internal and External Liberal Order in and among the Different Countries |
| Summary |
This book describes the Austrian view of socialism and in such a context explains the transformational success of the countries of Central and Eastern Europe. Moreover, it shows that the theory of interventionism has not lost its relevance, and the theory itself--along with its modifications--may be used to explain current economic events |
| Notes |
Description based upon print version of record |
|
A Fully Integrated World Economy |
| Subject |
Post-communism -- Europe, Eastern
|
|
Post-communism -- Europe, Central
|
|
Austrian school of economics
|
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Austrian school of economics.
|
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Economic history.
|
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Post-communism.
|
| SUBJECT |
Europe, Eastern -- Economic conditions -- 1989-
|
|
Europe, Central -- Economic conditions -- 1989-
|
| Subject |
Central Europe.
|
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Eastern Europe.
|
| Form |
Electronic book
|
| ISBN |
9781000921458 |
|
100092145X |
|
