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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Format: | Article |
Language: | English |
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Adam Mickiewicz University, Poznan
2011-12-01
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Series: | Studia Historiae Oeconomicae |
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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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first_indexed | 2024-03-12T22:44:53Z |
format | Article |
id | doaj.art-1c1a70f422dd4624ab4ac1a150eeb009 |
institution | Directory Open Access Journal |
issn | 0081-6485 2353-7515 |
language | English |
last_indexed | 2024-03-12T22:44:53Z |
publishDate | 2011-12-01 |
publisher | Adam Mickiewicz University, Poznan |
record_format | Article |
series | Studia Historiae Oeconomicae |
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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