About this product

Product Identifiers

PublisherPintax Cvba

ISBN-109082065525

ISBN-139789082065527

eBay Product ID (ePID)13038742533

Product Key Features

Book TitleCritique of Mainstream Austrian Economics in the Spirit of Carl Menger

Number of Pages142 Pages

LanguageEnglish

TopicInterest, Economics / Theory, Money & Monetary Policy

Publication Year2019

IllustratorYes

GenreBusiness & Economics

AuthorAntal E. Fekete

Book SeriesMoney and Credit Ser.

FormatHardcover

Dimensions

Item Height0.5 in

Item Weight14.6 Oz

Item Length9 in

Item Width6 in

Additional Product Features

Intended AudienceTrade

ReviewsWhen we met, Antal E. Fekete was hardly known. Today, he is read around the world, as he fully deserves to be. I am proud to call this man my friend. His thinking is as fresh and profound as ever; his erudition is classic, hard to be found in economic circles today. - Hugo Salinas Price, President, Mexican Civic Association Pro Silver, A.C. Mexico City, Mexico There is no one on the planet who describes the gold issue better than you, nor anyone who better expresses visceral indignation against our fraudulent monetary system. While we disagree on some matters, on issues relating to gold you are the best of the best. It is an honor to have an association with you. - Larry Parks, Executive Director, FAME (Foundation for the Advancement of Monetary Education) His thinking has extended and complemented the work of Mises, Roepke, Bohm-Bawerk et all. Of course, many true believers in the Austrian school continue to call his work 'heresy' and refuse to accept the true, positive impact of the Professor's ideas. Too bad! It seems Professor Fekete is a heretic visionary! - Rudy Fritsch, Canada The depths of Professor. Fekete' (TM)s insights into gold' (TM)s role in the modern (and classical) monetary system are breathtaking, yet his writing style is very straightforward and readable. His essays are a rare treat for the amateur scholar or industry professional. A thorough study of his complete body of work is absolutely essential to anyone attempting to make rational investment decisions today. If you don' (TM)t believe me on that last point, market events will change your mind soon enough. - Nathan Narusis, CFA I highly recommend that everyone attend as many of the professor's live seminars as possible because the full effect of his greatness is best appreciated in person, especially for the layman. You never know, the experience may turn out to be as priceless in retrospect as having attended a lecture by Adam Smith, Sir Isaac Newton or Albert Einstein before they were recognized for their greatness. Whether you get a chance to catch the professor live or not, all of his writings are must reading for the serious student of money, gold, finance and economics. - Tom Szabo The so-called study of economics has devolved into a justification of debt-based economies in the guise of free-markets. Serious students could do no better than to stop at Professor Fekete' (TM)s door for a refreshing repast of truth instead of the self-serving cant and opinion being ladled out by the supporters of paper money. - Darryl Robert Schoon, Author Professor Fekete is the man to listen to if you want to find out what is really going on in this crazy financial circus that masquerades as our global economy. - Tom Cash

Series Volume NumberVol. 5

SynopsisAn academic treatise on the formation of interest rates, discount rates and the determining role of gold and real bills in both. The critique formulates a number of arguments, not against, but in favour of Austrian Economics. It fortifies and improves on Carl Menger and Ludwig von Mises. This may be the beginning of a renewal in Austrian Economics., In his Critique of Mainstream Austrian Economics, math professor Antal Fekete concisely formulates a number of arguments, not so much against Austrian Economics, but rather in favour of them. His critique ought to be interpreted as a way of fortifying and improving on Carl Menger and Ludwig von Mises and their concepts, heterodox as they were in Central Europe, before World War I. Some arguments take position against Mises who seemed locked into conclusions, inspired by unfortunate assumptions like the Quantity Theory of Money. Overcoming these limitations improves coherence in economic theory. The title should not fool the reader, the arguments are crafted against those who took Menger and Mises and hammered their concepts forcefully into mainstream of economic science. Whatever their motives, their move stunted independent development of Austrian Economic thinking. Antal Fekete sets out to correct this unfortunate situation. He feels this work should be the beginning, not the end, of a renewal in Austrian economic thinking.