Culture and economic action

pt. I. Theorizing the relationship between culture and economic activity -- pt. II. Understanding economic life by using culture

Bibliographic Details
Main Author: Grube, Laura E.
Other Authors: Storr, Virgil Henry
Format: eBook
Language:English
Published: Cheltenham Edward Elgar Pub. Ltd 2015
Series:New thinking in political economy
Subjects:
Online Access:
Collection: Edward Elgar eBook Archive - Collection details see MPG.ReNa
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520 |a pt. I. Theorizing the relationship between culture and economic activity -- pt. II. Understanding economic life by using culture 
520 |a Culture has been a relatively understudied subject within economics. Economists who have studied it often conceive culture as a form of capital, treating it as a set of tools or a resource that certain groups possess and other groups do not. Austrian economics, in contrast, is a science of human behavior that is primarily concerned with making sense of meaningful human action. Because of this, Austrian economists are particularly well suited to inject cultural considerations into economic analysis. This edited volume, a collection of both theoretical essays and empirical studies, presents an Austrian economics perspective on the role of culture in economic action. The authors illustrate that culture cannot be separated from economic action, but that it is in fact part of all decision-making. Culture and Economic Action is an enlightening cross-disciplinary exploration that will appeal to all scholars in the social sciences, from anthropologists to economists