Nozick (1977) set a challenge for Austrian economics. On the one hand, this school of thought rejects the notion of indifference, and along with it, indifference curves. On the other hand, the praxeological school accepts ...

The current study is focused on the residential real estate property market in the city of Sofia. It examines different options for assessment of investment return on three of the most widespread types of residential housing ...

The objectives of this research article are to shed light on the recent developments in management in a digital environment as well as the related challenges and opportunities in this matter. Thus, transformational leadership ...

This paper argues that both Marx and Hayek objected to the dichotomy between physis and nomos, and offered concepts which integrate, or mediate between, the two. Marx's value forms and Hayek's rules aim to grasp something ...

In this study, we investigate the question of whether monetarist or Keynesian policies were more effective on GDP growth in Turkey. To this aim, we employ the St. Louis model and examine the statistical significance of the ...

In this article the authors insist on imperfection of existent financial instruments, which caused the financial-economic crisis and suppose that there is another possibility for companies to get extra financial resources. ...

Block (2015) claimed that the free will position is correct, that of determinism incorrect, and that libertarianism and Austrian economics are compatible with the former but not the latter. Edelstein, Wenzel and Salcido ...

O’Neill (2010) is a critique of Block (1980) and, also, I argue, a supporter of Nozick’s (1977) criticism of the Austrian School of economics. O’Neill (2010) also calls into question Hoppe (2005, 2009). These latter two ...

There is at the very least a tension between two basic building blocs of Austrian economics. The doctrine of singularism maintains that choice is inevitably and necessarily between two and only two things: that which is ...