Springer, Dordrecht


234 Pages

ISBN 978-1-4020-6904-8

Vienna Circle Institute Yearbook
vol. 13

Otto Neurath's economics in context

Edited by

Elisabeth Nemeth, Stefan W. Schmitz, Thomas Uebel

Otto Neurath (1882-1945) was a highly unorthodox thinker both in philosophy and economics. He proposed a radically expanded scope of economic analysis that would facilitate a comparative and systematic study of the impact of a great variety of economic and political measures on a population's well-being. Neurath regarded the controversial and widely misunderstood concept of calculation in kind as an indispensable instrument for anyone (economist or politician) who sought to analyze economic relationships from a wider perspective than that ofprice formation under market conditions. What is the impact of alternative (economic, political or organisational) measures on living conditions? What are the appropriate methods to compare and to rationally choose among alternative measures? In Neurath's opinion, answers to these questions are crucial for every democratic government. The contributions to this sparkling new book conclude that Neurath touched on many of the most critical problems of economic theory during its formative years as a modern discipline; his economics provides insights into the foundational problems of modern economics and should encourage contemporary economic theorists to critically reflect their own hidden presumptions. Neurath's arguments continue to challenge the foundations of today's neo-liberal approach to political-economy. They have also been rediscovered by researchers in the fields of ecological economics and of sustainable development as visionary and original. His comprehensive theory of life conditions and life quality anticipated the questions development economists and the general public meet today.

Publication details

DOI: 10.1007/978-1-4020-6905-5

Full citation:

Nemeth, E. , Schmitz, S.W. , Uebel, T. (eds) (2007). Otto Neurath's economics in context, Springer, Dordrecht.

Table of Contents


Nemeth Elisabeth; Schmitz Stefan W; Uebel Thomas


Open Access Link
"Freeing up one's point of view"

Nemeth Elisabeth


Open Access Link
Neurath on money

Mooslechner Peter


Open Access Link
The war economy and the war museum

Vossoughian Nader


Open Access Link
Economy, ideology and culture

Sandner Günther


Open Access Link
Consensus in art and science

Lehrer Keith


Open Access Link
Analyticity and the a priori

Parrini Paolo


Open Access Link
A second appraisal

Limbeck-Lilienau Christoph


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