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Austrian Desserts and Pastries: 108 Classic Recipes

by Andrea Karrer Dietmar Fercher Konrad Limbeck

Whether it's delicious Esterhazyschnitten (meringue slices with buttercream filling), fluffy Schaumrollen (puff pastry rolls filled with soft vanilla meringue), or classic Bundt cake, these desserts represent the finest of Austrian cuisine. Viennese pastry chef Dietmar Fercher offers 180 of his irresistible recipes, photographed by Konrad Limbeck with mouth-watering results. Sophisticated and diverse, these desserts will satisfy any palate. Enjoy personal anecdotes on the scrumptious traditional pastries while also learning the basics of sweet baking.

Austrian Economics: Historical and Philosophical Background (Routledge Revivals)

by Wolfgang Grassl

First published in 1986, this book presents a reissue of the first detailed confrontation between the Austrian school of economics and Austrian philosophy, especially the philosophy of the Brentano school. It contains a study of the roots of Austrian economics in the liberal political theory of the nineteenth-century Hapsburg empire, and a study of the relations between the general theory of value underlying Austrian economics and the new economic approach to human behaviour propounded by Gary Becker and others in Chicago. In addition, it considers the connections between Austrian methodology and contemporary debates in the philosophy of the social sciences.

Austrian Economics in Debate (Routledge Studies in the History of Economics #12)

by Willem Keizer Bert Tieben Rudy Van Zijp

This book presents essays by an outstanding team of international specialists and covers a wide range of topics, including (inter alia) the relationships between the Austrian and Swedish theories of the business cycle, the on-going debates between Austrians and (Post) Keynesians, Schumpeter's 'Walrasian' stand in the socialist calculation debate, and the Austrian roots of Neo-Institutional economics. The studies stress the unique Austrian contributions to economic methodology and to the theory of entrepreneurship, while revealing unexpected methodological and philosophical similarities between, among others, Hayek and Marx.

Austrian Economics, Money and Finance (Banking, Money and International Finance)

by Thomas Mayer

The financial crisis has exposed severe shortcomings in mainstream monetary economics and modern finance. It is surprising that these shortcomings have not led to a wider debate about the need to overhaul these theories. Instead, mainstream economists have closed ranks to defend existing theories and public authorities have expanded their interference in markets. This book investigates the problems associated with mainstream monetary economics and finance, and proposes alternatives based on the Austrian school of economics. This school emanated from the work of the nineteenth-century Austrian economist Carl Menger and was developed further by Eugen von Böhm-Bawerk, Ludwig von Mises, and Friedrich August von Hayek. In monetary economics, the Austrian school regards the creation of money by banks through credit extension as a key source of economic instability. From this follows the need for a comprehensive reform of our present monetary system. In a new monetary order, money could be issued by both public and private institutions, and there would be no need for fractional reserve banking. Instead of creating money, banks would intermediate it. In finance, the Austrian school rejects the notion of rational expectations and measurable risk. Individuals use their subjective knowledge to gather and evaluate information, and they act in a world of radical uncertainty. Hence, markets are not "efficient" nor can portfolios be built on the basis of known probability distributions of asset prices as described in the modern finance literature. This book explores the need for a new theoretical foundation for asset pricing and investment management that will give practitioners more useful orientation.

Austrian Economics Re-examined: The Economics of Time and Ignorance (Routledge Foundations of the Market Economy)

by Gerald P O'Driscoll Jr Mario Rizzo

Austrian Economics Re-examined: The Economics of Time and Ignorance is an expanded version of the 1996 edition of The Economics of Time and Ignorance. This work is a classic statement of the role of subjectivism, radical uncertainty and change through real time in Austrian economics specifically, and in modern economics more generally. The new book contains the full text and Introductions of the earlier edition as well as the comprehensive previously-unpublished essay "What is Austrian Economics?" and a new Introduction. The essay is a comprehensive overview of the central themes of the book from a somewhat different perspective than in the book itself. It supplements the analysis in the book. The new Introduction explains that the 2007-8 financial crisis and recent developments in behavioural economics have made the book more relevant than ever before. Austrian Economic Re-examined develops and systematizes the fundamental principles of the Austrian tradition to the analysis of rational expectations, business cycles, monetary theory competition and monopoly, and capital theory.

Austrian Foreign Policy in Historical Context (Contemporary Austrian Studies #Vol. 14)

by Anton Pelinka Gunter Bischof Michael Gehler

In 2005, Austria celebrated the sixtieth anniversary of its liberation from the Nazi regime and the fiftieth anniversary of the State Treaty that ended the occupation and returned full sovereignty to the country. This volume of Contemporary Austrian Studies covers foreign policy in the twentieth century. It offers an up-to-date status report of Austria's foreign policy trajectories and diplomatic options. Eva Nowotny, the current Austrian ambassador to the United States, introduces the volume with an analysis of the art and practice of Austrian diplomacy in historical perspective. Ambassador Wolfgang Petritsch analyzes recent Balkans diplomacy as an EU emissary in the Bosnian and Kosovo crises. Historians G nther Kronenbitter, Alexander Lassner, G nter Bischof, Joanna Granville, and Martin Kofler provide historical case studies of pre-and post-World War I and World War II Austrian diplomacy, Austria's dealings with the Hungarian crisis of 1956, and its mediation between Kennedy and Khrushchev in the early 1960s. Political scientists Romain Kirt, Stefan Mayer, and Gunther Hauser analyze small states' foreign policymaking in a globalizing world, Austrian federal states' separate regional policy initiatives abroad and Austria's role vis-is current European security initiatives. Michael Gehler periodizes post-World War II Austrian foreign policy regimes and provides a valuable summary of both the available archival and printed diplomatic source collections. A "Historiography Roundtable" is dedicated to the Austrian Occupation decade. G nter Bischof reports on the state of occupation historiography; Oliver Rathkolb on the historical memory of the occupation; Michael Gehler on the context of the German question; and Wolfgang Mueller and Norman Naimark on Stalin's Cold War and Soviet policies towards Austria during those years. Review essays and book reviews on art theft, anti-Semitism, the Hungarian crisis of 1956, among other topics, complete the volume.

Austrian Historical Memory and National Identity (Contemporary Austrian Studies #Vol. 14)

by Gunter Bischof Anton Pelinka

When the Hapsburg monarchy disintegrated after World War I, Austria was not considered to be a viable entity. In a vacuum of national identity the hapless country drifted toward a larger Germany. After World War II, Austrian elites constructed a new identity based on being a "victim" of Nazi Germany. Cold war Austria, however, envisioned herself as a neutral "island of the blessed" between and separate from both superpower blocs. Now, with her membership in the European Union secured, Austria is reconstructing her painful historical memory and national identity. In 1996 she celebrates her 1000-year anniversary.In this volume of Contemporary Austrian Studies, Franz Mathis and Brigitte Mazohl-Wallnig argue that regional identities in Austria have deeper historical roots than the many artificial and ineffective attempts to construct a national identity. Heidemarie Uhl, Anton Pelinka, and Brigitte Bailer discuss the post-World War II construction of the victim mythology. Robert Herzstein analyses the crucial impact of the 1986 Waldheim election imploding Austria's comforting historical memory as a "nation of victims." Wolfram Kaiser shows Austria's difficult adjustments to the European Union and the larger challenges of constructing a new "European identity." Chad Berry's analysis of American World War II memory establishes a useful counterpoint to construction of historical memory in a different national context.A special forum on Austrian intelligence studies presents a fascinating reconstruction by Timothy Naftali of the investigation by Anglo-American counterintelligence into the retreat of Hitler's troops into the Alps during World War II. Rudiger Overmans' "research note" presents statistics on lower death rates of Austrian soldiers in the German army. Review essays by Gunther Kronenbitter and Gunter Bischof, book reviews, and a 1995 survey of Austrian politics round out the volume. Austrian Historical Memory and National Identity will be of intense interest to foreign policy analysts, historians, and scholars concerned with the unique elements of identity and nationality in Central European politics.

Austrian Imperial Censorship and the Bohemian Periodical Press, 1848–71: The Baneful Work of the Opposition Press is Fearsome (Palgrave Studies in the History of the Media)

by Jeffrey T. Leigh

This book analyzes the conduct of press policy in Bohemia from the Revolutions of 1848 through the period of the T#65533;bory, 1867-71. In the aftermath of the revolutions, the Habsburg state, far from constituting an historical relic, proved itself boldly innovative, inaugurating liberal reforms, most importantly the rule of law. While the reforms helped it to survive its immediate challenges, they nonetheless, quite paradoxically, created an environment in which the periodical press continued to advance perspectives emblematic of the revolution, even during the era of Neoabsolutism. This new legal environment fostered the rise of the bourgeois public sphere, as theorized by J#65533;rgen Habermas, and the very political movements that would contribute to its demise, as signaled in the T#65533;bory campaign of 1867-71. At the nexus of civil society and the state stood the provincial Habsburg officials responsible for public order and security. Their experience was one of endeavoring to balance the ideals of the rule of law imposed by the Imperial center and their own vital concerns regarding the survival of the Monarchy. This work, for the first time, concentrates on the role of these officials who determined what would--and would not--appear in print.

Austrian Legal System and Laws

by Nigel Foster

This book provides an introduction to the Austrian state,legal system and laws. It provides a guide to a number of areas of Austrian substantive law, concentrating on the most important areas of public and private law. The book considers in depth, the historical, political, social and economic aspects of the Austrian State to give more background for those coming afresh to Austrian studies. This book will appeal to academic comparative lawyers across a range of disciplines and academics who require fundamental information on the Austrian state and legal systems. It will make attractive supplementary reading on comparative law courses, especially for those students spending a third year in Austria. It will also prove useful for politics and economics or multidisciplinary studies students who study Austria either directly or for comparison with other countries.

The Austrian Mind: An Intellectual and Social History, 1848-1938

by William M. Johnston

Part One of this book shows how bureaucracy sustained the Habsburg Empire while inciting economists, legal theorists, and socialists to urge reform. Part Two examines how Vienna's coffeehouses, theaters, and concert halls stimulated creativity together with complacency. Part Three explores the fin-de-siecle world view known as Viennese Impressionism. Interacting with positivistic science, this reverence for the ephemeral inspired such pioneers ad Mach, Wittgenstein, Buber, and Freud. Part Four describes the vision of an ordered cosmos which flourished among Germans in Bohemia. Their philosophers cultivated a Leibnizian faith whose eventual collapse haunted Kafka and Mahler. Part Five explains how in Hungary wishful thinking reinforced a political activism rare elsewhere in Habsburg domains. Engage intellectuals like Lukacs and Mannheim systematized the sociology of knowledge, while two other Hungarians, Herzel and Nordau, initiated political Zionism. Part Six investigates certain attributes that have permeated Austrian thought, such as hostility to technology and delight in polar opposites.

Austrian Perspectives on Entrepreneurship, Strategy, and Organization (Elements in Business Strategy)

by Nicolai J. Foss Peter G. Klein Matthew McCaffrey

The 'Austrian' tradition is well-known for its definitive contributions to economics in the twentieth century. However, Austrian economics also offers an exciting research agenda outside the traditional boundaries of economics, especially in the management disciplines. This Element examines how Austrian ideas play a key role in expanding the understanding of fields like entrepreneurship, strategy, and organization. It focuses especially on the vital role that entrepreneurs play in guiding economic progress by shaping firms and their strategic behavior. In doing so, it explains a wide range of contributions that Austrian economics makes to the understanding of key problems in management, while also highlighting many directions for future work in this inspiring tradition.

Austrian Reconstruction and the Collapse of Global Finance, 1921–1931

by Nathan Marcus

Although some statesmen and historians have pinned Austria’s—and the world’s—interwar economic implosion on financial colonialism, in this corrective history Nathan Marcus deemphasizes the negative role of external players and points to the greater impact of domestic malfeasance and predatory speculation on Austrian political and financial decline.

The Austrian School of Economics in the 21st Century: Evolution and Impact (Contributions to Economics)

by Annette Godart-van der Kroon Joseph Salerno

This book provides an overview of the evolution and theories of the Austrian School of Economics and develops answers to current economic questions and the pressing problems of the 21st century from the Austrian perspective. Readers will learn about the fundamental ideas of the Austrian School, the current state of Austrian economics, and the intellectual figures and institutions that sustain it as a vibrant intellectual movement. International experts on Austrian economics cover topics such as the economic impact of pandemics, trade blocs, federalism and European integration, and the economic development of China. The book also discusses the influence of the Austrian School on modern economic thought and mainstream economics, as well as on policymakers. It will appeal to students and scholars of economics and to anyone interested in social and economic liberalism.

Austrian Specialist Troops of the Napoleonic Wars

by Bryan Fosten Philip Haythornthwaite

The specialist troops of the Austrian forces helped to secure Austria's reputation as the most formidable of Napoleon's continental enemies. Due largely to the efforts of Prince Liechtenstein, by the late 18th century the Austrian artillery had been the finest in Europe, and was held up as an example to the world. This text examines the famed Austrian artillery and other specialist troops of the Napoleonic Wars (1799-1815), including the Pioneers, Pontooneers, engineer services and medical service, detailing their organisation, equipment and uniforms in a volume complete with accompanying illustrations and colour plates.

Austrian Theory and Economic Organization

by Guinevere Liberty Nell

The Austrian economic school famously predicted and explained the problems of calculation in a socialist society. With their concept of spontaneous order, they challenged mainstream economists to look beyond simplified static models and consider the dynamic and evolutionary characteristics of social orders. However, many feel that Austrians took their victory too far and became ideologically devoted to laissez-faire. Austrian Theory and Economic Organization is a collection of essays on problems and possibilities in economic organization, written by economists and political scientists with an interest in the dynamic and evolutionary nature of market economies. Each chapter explores areas of potential agreement between Austrian theory, market socialist economics, and other heterodox schools of economic and political science. The collection aims to bridge cultural and political divisions between free market advocates who stress individual rights and left-leaning thinkers who stress social justice and a culture of solidarity.

The Austrian Theory of Business Cycles: Old Lessons for Modern Economic Policy?

by Erik Oppers Stefan

A report from the International Monetary Fund.

Austrian Theory of Capital and Business Cycle: A Modern Approach

by Pavel Potuzak

This book explores Austrian capital theory and Austrian business theory from the perspective of modern economics. Sustainable change within the production structure is examined in relation to time preference, the Böhm-Bawerkian theory of capital and interest, and the Hayek Triangle. In turn, the impact of monetary shocks and boom-bust cycles is detailed, with a particular focus on the Ricardo Effect, dynamics of money supply, and the natural rate of interest. This book aims to present a new framework for Austrian economics that will make these ideas applicable to both mainstream economic models and modern economists. It will be relevant to students and researchers interested in the history of economic thought and the political economy.

The Austrians: A Thousand-Year Odyssey

by Gordon Brook-Shepherd

This is a masterful survey of Austria's controversial place at the heart of European history. From the Reformation through the Napoleonic and Cold Wars to European Union, a superb history of Austria's central role in uniting Western civilization is covered. 24 pages of photographs and maps are included. "Connoisseurs of Austria and its delightful and infuriating inhabitants will agree that Mr. Brook-Shepherd has got it just about right. '--The Wall Street Journal "Engrossing, elegantly written history. '--Publishers Weekly

Austria's Wars of Emergence, 1683-1797 (Modern Wars In Perspective)

by Michael Hochedlinger

The Habsburg Monarchy has received much historiographical attention since 1945. Yet the military aspects of Austria’s emergence as a European great power in the seventeenth and eighteenth centuries have remained obscure. This book shows that force of arms and the instruments of the early modern state were just as important as its marriage policy in creating and holding together the Habsburg Monarchy.Drawing on an impressive up-to-date bibliography as well as on original archival research, this survey is the first to put Vienna’s military back at the centre stage of early modern Austrian history.

Austro-corporatism: Past, Present, Future

by Gunter Bischof

Corporatism was unpopular in the Europe of the past decade. During a time of neo-conservative resurgence in both the United States and the United Kingdom, macroeconomic steering and statist centralism and regulation were in disfavor. However, Austria's unique Sozialpartnerschaft, its famed system of tripartite informal and formal labor, business, and state cooperation, continued to prosper In spite of such powerful Anglo-American trends. Austro-Corporatism is the fourth volume in the interdisciplinary Contemporary Austrian Studies series. This effort in particular reflects the uniqueness of Austrian corporatism, and looks at its deep historical roots from a comparative continental European perspective.The contributors Include specialists on Austria from all parts of the world, making this a truly international effort. Andrei Markovits provides the larger European context for this analysis of Austrian corporatism. Emmerich Talos and Bernhard Kittel review the historical development of Austrian corporatism, going back to its nineteenth-century roots. Randall Kindley studies the Institutional framework of Austrian corporatism, particularly its post-World War II reincarnation. Hans Seidel looks at the subject from a neo-Keynesian economic perspective, and Ferdinand Karlhofer at the chances of Its survival in a changing international environment.Jonathan Petropoulos presents a fascinating biographical study of Nazi art plunderer Kajetan Muhlmann, and David McIntosh compares Eisenhower's policy vis-a-vis the small friendly countries of Lebanon, Costa Rica, and Austria. A special forum looks at the model character and appeal of tripartite Austrian cooperation among its new eastern democratic neighbors: the Czech Republic, Slovakia, Hungary, and Slovenia. A number of reviews of Austrian politics in 1994 complete the volume. Austro-Corporattsm will be of intense interest to foreign policy analysts, historians, and scholars concerned with the unique elements in Central European politics.

Austro-Hungarian Aces of World War 1

by Mark Rolfe Chris Chant

Starting the war with only 35 aircraft, Austro-Hungarian industry went on to produce only moderate numbers of poor quality aircraft. The fliers of the Austro-Hungarian Empire operating on the Serbian and Russian fronts were fortunate at first, finding themselves faced by small numbers of aircraft yet more obsolescent than their own. Serbia fell in 1915, but when Italy declared war the Austro-Hungarians were still faced with a two-front war - a static front against Italy, and a far more fluid one against Russia. Austro-Hungarian fighter pilots performed bravely and often very effectively under extremely difficult geographic, climatic and operational conditions.

Austro-Hungarian Albatros Aces of World War 1

by Harry Dempsey Paolo Varriale

Austro-Hungarian industry produced a series of poor fighter types such as the Phönix D I and Hansa-Brandenburg D I during the early stages of the war, and it was not until licence-built examples of the battle-proven Albatros and D II and D III began to reach Fliegerkompagnien, or Fliks, in May 1917 that the fortunes of pilots began to look up. Unlike the German-built Albatrosen, which initially suffered wing failures in flight, the Oeffag aircraft were far more robust than German D IIs and D IIIs. They also displayed superior speed, climb, manoeuvrability and infinitely safer flight characteristics. Such attributes were used to the full by all the leading Austro-Hungarian aces, including Brumowski, Arigi, Kiss and Linke-Crawford, who fought Italian pilots in Hanriots and SPADs, as well as British pilots in Camels and Bristol Fighters. The exploits of Austro-Hungarian aces were initially brought to the attention of English-speaking readers in the 1980s through the pioneering work of Martin O'Connor. An additional 30 years of additional research has allowed Paolo Varriale to integrate and update his work, rectifying some inaccuracies and adding new details and a large number of unpublished photographs. The careful crosschecking of Allied sources with Austrian and German records form the basis for a detailed reconstruction of the dogfights fought by the leading aces. This painstaking research allows many myths to be exposed and errors to be corrected. The book will cover the use of Albatros fighters on the Italian and Eastern Fronts, from the fighters' initial arrival in mid 1917 through to the last days of war. It will also chart the careers of the Austro-Hungarian aces that flew the D II and D III, their successes and their defeats, with additional information about their personal background and their post-war lives in the nations born from the collapse of the Hapsburg Empire. Some 49 pilots achieved acedom during World War 1, and the bulk of these pilots made their claims flying the 586 Oeffag-built Albatrosen.

The Austro-Hungarian Army and the First World War (Armies of the Great War)

by Graydon A. Tunstall

This is a definitive account of the Austro-Hungarian Royal and Imperial Army during the First World War. Graydon A. Tunstall shows how Austria-Hungary entered the war woefully unprepared for the ordeal it would endure. When the war commenced, the Habsburg Army proved grossly under strengthen relative to trained officers and manpower, possessing obsolete weapons and equipment, and with the vast majority of its troops proved inadequately trained for modern warfare. Well over one million Habsburg troops mobilized creating an enormous logistical challenge of forging an army from the diverse cultures, languages, economic and educational backgrounds of the Empire's peoples. Graydon A. Tunstall shows how the army suffered from poor strategic direction and outdated tactics and facing a two-front offensive against both Russia and Serbia. He charts the army's performance on the battlefields of Galicia, Serbia, Romania, the Middle East and Italy through to its ultimate collapse in 1918.

Austro-Hungarian Battleships 1914-18

by Paul Wright Ryan Noppen

The nineteenth century saw the assertion of Habsburg sea power over the Adriatic from the Austrian inheritance of the Venetian fleet in 1797 to Rear Admiral Wilhelm von Tegetthoff's stunning victory over a superior Italian force at the Battle of Lissa in 1866 to the gradual creation of a modern battle fleet beginning in the 1890s. Austria-Hungary did not have an overseas empire; its empire lay within its own boundaries and the primary purpose of its navy until the beginning of the twentieth century was the defense of its coastline. As its merchant marine dramatically grew in the late nineteenth century, Austro-Hungarian admirals believed that the navy should take a more proactive policy of defense, defending not only the coastline but the greater Adriatic and even the Mediterranean waters which the empire's merchant ships plied. The 1890s saw the beginning of a series of naval building programs that would create a well-balanced modern fleet. Cruisers were constructed for the protection of overseas trade and for "showing the flag" but the decisive projection of Austria-Hungary's commitment to control the Adriatic was the construction of a force of modern battleships. Compared to the British, French, Germans, and even Italians, the Austro-Hungarians were relative latecomers to the design and construction of battleships. Austro-Hungarian naval policy tended to be reactionary rather than proactive; its admirals closely followed Italian naval developments and sought appropriate countermeasures even though the two nations were tenuously bound together by the Triple Alliance pact of 1882. Despite the naval arms race throughout Europe at the time, the navy had difficulty obtaining funds for new ships as the Hungarian government was reluctant to fund a fleet that principally served the maritime interests of the ethnically German portion of the empire. The difficulties experienced in battleship funding and construction mirrored the political difficulties and ethnic rivalries within the empire. Nevertheless by August of 1914, the Austro-Hungarian fleet had a force of nine battleships, three pre-dreadnoughts, and one dreadnought (three more in the final stages of construction). This book will survey the five classes of Austro-Hungarian battleships in service during the First World War.

Austro-Hungarian Naval Policy, 1904-1914 (Cass Series: Naval Policy and History)

by Milan Vego

This unique and comprehensive account describes the interplay of internal and external factors in the emergence of the Austro-Hungarian Navy from a coastal defence force in 1904 to a respectable battle force capable of the joint operations with other Triple Alliance fleets in the Mediterranean by the eve of World War I. By 1914 the Austro-Hungarian Navy was the sixth largest navy in the world and the quality of its officers and men was widely recognised by most European naval observers at the time. The book describes the relationships between naval leaders, the heir to the throne Archduke Francis Ferdinand, and the Parliament in shaping the dual Monarchy's naval policy. It also shows how the changes in foreign policy in Italy and underlying animosities between Rome and Vienna led to a naval race in the Adriatic that eventually bolstered Germany's naval position in respect to Great Britain in the North Sea.

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