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“The Economics of Time and Ignorance”: A critical re-examination after 25 years

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  • David Harper

Abstract

This article serves as the introduction to a symposium on O’Driscoll and Rizzo’s The Economics of Time and Ignorance. The book was first published in 1985. The symposium aims to provide a retrospective assessment of the book’s contribution to modern Austrian economics. The article characterizes the book’s essential features and gives a brief sketch of the intellectual backdrop that provided the impetus for the book. It also summarizes the five other papers that are part of the symposium, including the responses by the two authors themselves. Copyright Springer Science+Business Media New York 2013

Suggested Citation

  • David Harper, 2013. "“The Economics of Time and Ignorance”: A critical re-examination after 25 years," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 26(1), pages 1-6, March.
    • Handle: RePEc:kap:revaec:v:26:y:2013:i:1:p:1-6
    DOI: 10.1007/s11138-012-0198-0
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    References listed on IDEAS

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    1. Peter J. Boettke & David L. Prychitko (ed.), 1994. "The Market Process," Books, Edward Elgar Publishing, number 54.
    2. Solomon Stein & Virgil Storr, 2013. "The difficulty of applying the economics of time and ignorance," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 26(1), pages 27-37, March.
    3. Mario Rizzo, 2013. "Foundations of The Economics of Time and Ignorance," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 26(1), pages 45-52, March.
    4. Vaughn,Karen I., 1994. "Austrian Economics in America," Cambridge Books, Cambridge University Press, number 9780521445528, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Austrian economics; Knowledge; Learning; Time; Economic methodology; Subjectivism; B25; B41; B53; D83; P1; Z1;
    All these keywords.

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • P1 - Political Economy and Comparative Economic Systems - - Capitalist Economies
    • Z1 - Other Special Topics - - Cultural Economics

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