Foundations of Economics Center for the Study of Voting, Elections, and Democracy :: UNM Political Science | The University of New Mexico The purpose of the Center for the Study of Voting, Elections, and Democracy (C-SVED) is to promote the non-partisan study and evaluation of how elections are conducted, the role of technology, the identification of best practices in election administration as well as the effects of various approaches to election administration and electoral rules upon the quality of representation within democracies. It promotes the integration of insights from multiple disciplines, including political science, law, computer science, geography, public administration and accounting, to study the administration, security, and transparency of elections. Its activities include the development of educational programs, providing expert advice to policy makers and public agencies, and the public dissemination of state-of-the-art knowledge regarding the conduct of elections.
Eugen von Böhm-Bawerk Eugen Böhm Ritter von Bawerk (German: [bøːm ˈbaːvɛʁk]; born Eugen Böhm; February 12, 1851 – August 27, 1914) was an Austrian economist who made important contributions to the development of the Austrian School of economics. He was the Austrian Minister of Finance intermittently from 1895–1904, and also wrote a series of extensive critiques of Marxism. Biography[edit] While studying to be a lawyer at the University of Vienna, he read Carl Menger's Principles of Economics. After completing his studies in 1872, he entered the Austrian ministry of finance. In 1889 he became councillor in the ministry of finance in Vienna, and represented the government in the lower house on all questions of taxation.[3] He drafted a proposal for direct-tax reform. He then became Austrian minister of finance in 1895. In 1897 he was ambassador to the German court. George Reisman has said that he is second most important "Austrian economist after Ludwig von Mises Published work[edit] See also[edit] Notes[edit] Works
Lawyers, Guns & Money Carl Menger Carl Menger (German: [ˈmɛŋɐ]; February 23, 1840 – February 26, 1921) was the founder of the Austrian School of economics. Menger contributed to the development of the theory of marginal utility, which contested the cost-of-production theories of value, developed by the classical economists such as Adam Smith and David Ricardo. Biography[edit] During the course of his newspaper work he noticed a discrepancy between what the classical economics he was taught in school said about price determination and what real world market participants believed. In 1872 Menger was enrolled into the law faculty at the University of Vienna and spent the next several years teaching finance and political economy both in seminars and lectures to a growing number of students. In 1876 Menger began tutoring Archduke Rudolf von Habsburg, the Crown Prince of Austria in political economy and statistics. In the late 1880s Menger was appointed to head a commission to reform the Austrian monetary system. Works[edit]
Austrian School The Austrian School is a school of economic thought that is based on methodological individualism.[1][2][3][4] It originated in late-19th and early-20th century Vienna with the work of Carl Menger, Eugen von Böhm-Bawerk, Friedrich von Wieser, and others.[5] Current-day economists working in this tradition are located in many different countries, but their work is referred to as Austrian economics. Among the theoretical contributions of the early years of the Austrian School are the subjective theory of value, marginalism in price theory, and the formulation of the economic calculation problem, each of which has become an accepted part of mainstream economics.[6] Many economists are critical of the current-day Austrian School and consider its rejection of econometrics and aggregate macroeconomic analysis to be outside of mainstream economic theory, or "heterodox Methodology[edit] In the 20th century, various Austrians incorporated models and mathematics into their analysis. Inflation[edit]
Murray Rothbard Murray Newton Rothbard (March 2, 1926 – January 7, 1995) was an American economist , historian , and political theorist . His work, which refers extensively to Austrian School economist Ludwig von Mises , has profoundly influenced the American libertarian movement by formulating a body of thought Rothbard called " anarcho-capitalism " or free-market anarchism . [ 2 ] [ 3 ] [ 4 ] [ 5 ] Rothbard wrote more than twenty books and is considered a central figure in the American libertarian movement. [ 6 ] Rothbard asserted that all services provided by monopoly governments could be provided more efficiently by the private sector. Rothbard was equally condemning of state corporatism, criticizing many instances where business elites co-opted government's monopoly power so as to influence laws and regulatory policy in a manner benefiting them at the expense of their competitive rivals. [ 15 ] [ edit ] Life and work Rothbard with his wife, JoAnn Schumacher [ edit ] Economic writings [ edit ] Ethics