The Problem of Property in the Austrian School of Economics

The issue of property and ownership has been discussed in many economic doctrines. The authors' intention is to examine property in terms of the Austrian School of Economics. Ownership is here regarded as an integral part of freedom, whereby the owner of a particular good has an unrestricted r...

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Main Authors: Aneta Kargol-Wasiluk, Marian Zalesko, Małgorzata Pietrzak
Format: Article
Language:English
Published: Adam Mickiewicz University, Poznan 2011-12-01
Series:Studia Historiae Oeconomicae
Subjects:
Online Access:https://pressto.amu.edu.pl/index.php/sho/article/view/29217
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author Aneta Kargol-Wasiluk
Marian Zalesko
Małgorzata Pietrzak
author_facet Aneta Kargol-Wasiluk
Marian Zalesko
Małgorzata Pietrzak
author_sort Aneta Kargol-Wasiluk
collection DOAJ
description The issue of property and ownership has been discussed in many economic doctrines. The authors' intention is to examine property in terms of the Austrian School of Economics. Ownership is here regarded as an integral part of freedom, whereby the owner of a particular good has an unrestricted right to use it. In the economy of most importance is private property which is unhampered by any restrictions. It is just on its foundations that any economic system should be based. The authors of this study attempt to verify a hypothesis that any restrictions on private property contribute to a reduction in economic efficiency. Analysis of the problem is carried out based on the views of eminent representatives of the School. Most of the attention will be devoted to the thought of F. von Hayek and L. von Mises.
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spelling doaj.art-1c1a70f422dd4624ab4ac1a150eeb0092023-07-21T06:46:20ZengAdam Mickiewicz University, PoznanStudia Historiae Oeconomicae0081-64852353-75152011-12-01The Problem of Property in the Austrian School of EconomicsAneta Kargol-Wasiluk0Marian Zalesko1Małgorzata PietrzakUniversity of BiałystokUniversity of Bialystok, Białystok The issue of property and ownership has been discussed in many economic doctrines. The authors' intention is to examine property in terms of the Austrian School of Economics. Ownership is here regarded as an integral part of freedom, whereby the owner of a particular good has an unrestricted right to use it. In the economy of most importance is private property which is unhampered by any restrictions. It is just on its foundations that any economic system should be based. The authors of this study attempt to verify a hypothesis that any restrictions on private property contribute to a reduction in economic efficiency. Analysis of the problem is carried out based on the views of eminent representatives of the School. Most of the attention will be devoted to the thought of F. von Hayek and L. von Mises. https://pressto.amu.edu.pl/index.php/sho/article/view/29217private propertyliberalismAustrian School of Economicseconomic efficiency
spellingShingle Aneta Kargol-Wasiluk
Marian Zalesko
Małgorzata Pietrzak
The Problem of Property in the Austrian School of Economics
Studia Historiae Oeconomicae
private property
liberalism
Austrian School of Economics
economic efficiency
title The Problem of Property in the Austrian School of Economics
title_full The Problem of Property in the Austrian School of Economics
title_fullStr The Problem of Property in the Austrian School of Economics
title_full_unstemmed The Problem of Property in the Austrian School of Economics
title_short The Problem of Property in the Austrian School of Economics
title_sort problem of property in the austrian school of economics
topic private property
liberalism
Austrian School of Economics
economic efficiency
url https://pressto.amu.edu.pl/index.php/sho/article/view/29217
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AT marianzalesko theproblemofpropertyintheaustrianschoolofeconomics
AT małgorzatapietrzak theproblemofpropertyintheaustrianschoolofeconomics
AT anetakargolwasiluk problemofpropertyintheaustrianschoolofeconomics
AT marianzalesko problemofpropertyintheaustrianschoolofeconomics
AT małgorzatapietrzak problemofpropertyintheaustrianschoolofeconomics