Wpływ myśli Fryderyka Bastiata na austriacką szkołe ekonomii
The Impact of Frederic Bastiat's Thought on the Austrian School of Economics
Author(s): Robert MrózSubject(s): Economy
Published by: Instytut Nauk Ekonomicznych Polskiej Akademii Nauk
Keywords: Austrian school; Frederic Bastiat; praxelogy; subjective theory of value; rule of law
Summary/Abstract: This paper attempts to demonstrate the impact on Frederic Bastiat's writings on the Austrian School of Economics, and his underestimated contribution to economic theory. I consider five principal issues: methodology, value theory, the role of state, compet5ition as dynamic exploratory procedure, money issue and a related problem of the role of time in economy. I try do demonstrate that Bastiat was not only a journalist, but also a theorist. His ideas are present, above all, in works of Eugen of Boehm-Bawerk, Ludwig von Mises, Friedrich August von Hayek and Murray Newton Rothbard. Therefore, it the Austrians, on whom the responsibility of propagating Bastiat's writings and saving them from oblivion lies.
Journal: Studia Ekonomiczne
- Issue Year: 2011
- Issue No: 3
- Page Range: 295-312
- Page Count: 17
- Language: Polish