Bruce J. Caldwell | |
---|---|
Born | 1952 |
Nationality | American |
Academic career | |
Field | Economic methodology |
Institution | Duke University |
School or tradition | Austrian School of Economics |
Alma mater | College of William & Mary (BA) University of North Carolina at Chapel Hill (PhD) New York University |
Influences | Friedrich Hayek, Ludwig Lachmann, Israel Kirzner |
Bruce J. Caldwell (born 1952) is an American historian of economics, Research Professor of Economics at Duke University, and Director of the Center for the History of Political Economy. [1] Prior to holding this position, Caldwell was the Joe Rosenthal Excellence Professor of Economics at the University of North Carolina at Greensboro. In 1979, he received his Ph.D. in Economics from the University of North Carolina at Chapel Hill and did post-doctoral work at New York University, where he was influenced by both Ludwig Lachmann and Israel Kirzner.
He is the General Editor of the University of Chicago's The Collected Works of F.A. Hayek . [2] He is the third editor of the series, after W.W. Bartley III and Stephen Kresge. In particular, Caldwell edited The Road to Serfdom: Text and Documents –The Definitive Edition. [3]
He is the author of Beyond Positivism: Economic Methodology in the 20th Century, first published in 1982. [4] For the past two decades his research has focused on the multi-faceted writings of the Nobel Prize-winning economist and social theorist Friedrich A. Hayek. Caldwell's intellectual biography of Hayek, Hayek's Challenge, was published in 2004 by the University of Chicago Press. Formerly at the University of North Carolina at Greensboro, Caldwell has also held research fellowships at New York University, Cambridge University, and the London School of Economics. He is a past president of the History of Economics Society, a past Executive Director of the International Network for Economic Method, and a Life Member of Clare Hall, Cambridge.[ citation needed ]
Caldwell's book Hayek's Challenge: An Intellectual Biography of F.A. Hayek, was published by the University of Chicago Press in 2004 ( ISBN 9780226091914), [5] and reviewed by a number of journals. [6] [7] [8] He has also published a number of scholarly articles on this and related subjects. [9]
The Austrian school is a heterodox school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result primarily from the motivations and actions of individuals along with their self interest. Austrian-school theorists hold that economic theory should be exclusively derived from basic principles of human action.
Carl Menger von Wolfensgrün was an Austrian economist and the founder of the Austrian school of economics. Menger contributed to the development of the theories of marginalism and marginal utility, which rejected cost-of-production theory of value, such as developed by the classical economists such as Adam Smith and David Ricardo. As a departure from such, he would go on to call his resultant perspective, the subjective theory of value.
Friedrich August von Hayek, often referred to by his initials F. A. Hayek, was an Austrian-born British academic who contributed to political economy, political philosophy and intellectual history. Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for work on money and economic fluctuations, and the interdependence of economic, social and institutional phenomena. His account of how prices communicate information is widely regarded as an important contribution to economics that led to him receiving the prize. He was a major contributor to the Austrian school of economics.
Frank Hyneman Knight was an American economist who spent most of his career at the University of Chicago, where he became one of the founders of the Chicago School.
The Chicago school of economics is a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago, some of whom have constructed and popularized its principles. Milton Friedman and George Stigler are considered the leading scholars of the Chicago school.
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Aaron Director was a Russian-born American economist and academic who played a central role in the development of law and economics and the Chicago school of economics. Director was a professor at the University of Chicago Law School, and, together with his brother-in-law, Nobel laureate Milton Friedman, influenced a number of jurists, including Robert Bork, Richard Posner, Antonin Scalia, and Chief Justice William Rehnquist.
William Warren Bartley III, known as W. W. Bartley III, was an American philosopher specializing in 20th century philosophy, language and logic, and the Vienna Circle.
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Ludwig Heinrich Edler von Mises was an Austrian-American economist, logician, sociologist and philosopher of economics of the Austrian school. Mises wrote and lectured extensively on the societal contributions of classical liberalism and the power of consumers. He is best known for his work in praxeology, particularly for studies comparing communism and capitalism, as well as for being a defender of classical liberalism in the face of rising illiberalism and authoritarianism throughout much of Europe during the 20th century.
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This is the chronological list of books by the Austrian school economist and philosopher Friedrich Hayek. The dates in brackets are the original year of publication of the book.
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The Constitution of Liberty is a book written by Friedrich Hayek, first published in 1960 by the University of Chicago Press. Many scholars have considered The Constitution of Liberty as the most important work by Hayek.
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