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1 – 8 of 8In this chapter it is argued that the future of Austrian economics is best sought in the field of philosophy, politics, and economics (PPE), with a strong and diverse connection…
Abstract
In this chapter it is argued that the future of Austrian economics is best sought in the field of philosophy, politics, and economics (PPE), with a strong and diverse connection with civil society. The authors demonstrate the limitations inherent in the discipline of economics for Austrian economists, which consist of its narrowness as well as its near-exclusive focus on improving government policies. The authors suggest that the burgeoning field of PPE is a more natural home, and one that provides the great continuity with the broad social philosophical origins of the Austrian School. The chapter emphasizes the comparative strength of Austrian economics in direct relation to the public as well as civil society organizations, compared to the purely academic nature of many other economic schools and fields. But the authors warn against a too narrow ideological or too concentrated financial relationship with a small set of civil society organizations. The chapter illustrates some of the dangers and opportunities through a comparative history vis-à-vis the evolution of ordoliberal political economy in Germany.
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Both the Austrian and Bloomington Schools emphasize the dispersal of information to the level of individual agents. An underappreciated difference is the Bloomington emphasis on…
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Both the Austrian and Bloomington Schools emphasize the dispersal of information to the level of individual agents. An underappreciated difference is the Bloomington emphasis on the moral psychology of agents and its relation to covenant. Covenant refers to a habit, a sense of obligation to consider the interests of the other in decision making, and a commitment to do so that is not easily or unilaterally broken. This chapter seeks to elaborate the lineage of covenant in constituting political order and its implications for the moral psychology of agents and artisanship. This exploration raises issues of metaphysical foundations as they relate to values and to the Hobbesian–Aristotelian divide in starting points. An application to the environmental crisis, with particular reference to vested interests promoting disinformation, obfuscation, and doubt about anthropogenic climate change, suggests value in emphasizing covenant.
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The Austrian School of Economics, pioneered in the late nineteenth century by Menger and developed in the twentieth century by Mises and Hayek, is poised to make significant…
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The Austrian School of Economics, pioneered in the late nineteenth century by Menger and developed in the twentieth century by Mises and Hayek, is poised to make significant contributions to the methodology, analytics, and social philosophy of economics and political economy in the twenty-first century. But it can only do so if its practitioners accept responsibility to pursue the approach to its logical conclusions with confidence and absence of fear, and with an attitude of open inquiry, acceptance of their own fallibility, and a desire to track truth and offer social understanding. The reason the Austrian school is so well positioned to do this is because (1) it embraces its role as a human science, (2) it does not shy away from public engagement, (3) it takes a humble stance, (4) it seeks to be practical, and (5) there remains so much evolutionary potential to the ideas at the methodological, analytical, and social philosophical level that would challenge the conventional wisdom in economics, political science, sociology, history, law, business, and philosophy. The author explores these five tenants of Austrian economics as a response to the comments on his lead chapter “What Is Still Wrong with the Austrian School of Economics?”
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Although there are many journalistic accounts of ongoing political events narrating about pro-democratic or antiauthoritarian movements, such as strikes, riots, and protest…
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Although there are many journalistic accounts of ongoing political events narrating about pro-democratic or antiauthoritarian movements, such as strikes, riots, and protest letters, not many scholarly analyses devote attention to the longitudinal analysis of the preceding events that lead to a spur of protests. Not many scholars account or are able to account for the activity of political dissidents that is often hidden, purposely censored, and covered from public eye. Most frequently, until the street strike and riots, the degree of spread of dissident activity within a country is unknown to scholars. It is equally difficult to find information about the national and international networks that political activists form to gain support and acceptance of their acclamations, propositions, and calls for political or economic reforms. Furthermore, only access to dissident press allows researchers to glimpse the activity of existing organizations looking at issues censored by existing governments.
Adnan Enshassi, Abed Ayash and Sherif Mohamed
The purpose of this paper is to investigate the factors driving Palestinian construction contractors to implement energy management strategies during the execution of construction…
Abstract
Purpose
The purpose of this paper is to investigate the factors driving Palestinian construction contractors to implement energy management strategies during the execution of construction projects.
Design/methodology/approach
The study was conducted by administering a questionnaire that comprised 26 drivers for adopting energy management strategies. Data were collected from 67 contractors in the Gaza Strip. Factor analysis was adopted to explore the underlying relationships among the identified drivers.
Findings
Drivers were grouped into one of the four categories: economic and financial, institutional and legal, organisational and managerial and educational and informational. The results revealed that the majority of the respondents were of the view that economic and financial factors were the most important factors driving the adoption of energy management strategies by construction companies in the Gaza Strip. Of the economic and financial drivers, the cost savings derived from the adoption of energy management strategies was considered the most important item. Energy management education and training programmes are scarce in the Gaza Strip, and local contractors have no formal energy management education and training. The government needs to allocate sufficient funds for policy implementation and regulation enforcement.
Research limitations/implications
Difficulties in accessing energy management data are deemed as a limitation to this study, as the topic of energy management in the construction has received no or very little academic attention so far.
Practical implications
This study provides a valuable reference for studying ongoing research in the practice of energy management development in other industries and locations. The priority of the drivers for energy management will help the local contracting companies to focus on weak and strong points of the company for energy use development to remove these weak points and invest in strong points. This paper results can increase the encouragement for greater social responsibility of the contracting organisations towards energy use. Government and concerned organisations can get benefits from the identified factors in encouraging contractors to adopt energy management strategy in their projects.
Originality/value
This study is the first investigation of energy management aspects in a local construction industry, especially from contracting organisations.
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