Download or read book Expectations and the Meaning of Institutions written by Don Lavoie and published by Routledge. This book was released on 2005-08-19 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of Ludwig Lachmann's essays challenges contemporary attitudes to economics and seeks to apply an interpretive approach to the discipline. The essays, spanning six decades, address a wide range of issues in microeconomics, macroeconomics, methodology and the history of thought. They outline Lachmann's approach to economics, with the emphasis on the meaning of human institutions in a world of unpredictable change, rather than on quantitative and stable relations. Collecting Lachmann's most important work together for the first time, it includes two essays never previously published.