Karlheinz Muhr Library

The Complete “Austrian School of Economics” Collection


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The archive.

3,187 works, 150 years of economic thought. Each one summarized and searchable, with cited passages inside.

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37–48 of 76 matches · 3,187 works totalPage 4 of 7; every summary opens into its work.
  1. 1954
    Für und wider die Konsumgenossenschaften

    Für und wider die Konsumgenossenschaften

    Hans Bayer · 5 sections

    Can consumer cooperatives grow powerful enough to challenge cartels without weakening their own democratic life? In this 1954 article, Hans Bayer answers critics who equate cooperative scale with bureaucracy and economic regimentation. His defense turns on what economic power is used for: the Swedish Luma light-bulb factory, he recounts, welcomed a cartel’s threatened price cuts because cheaper bulbs would serve consumers even if competitors supplied them. Yet growth brings obligations, not automatic justification. Investment must be balanced against immediate savings, and member education and decentralized oversight must keep pace with organizational complexity. Bayer offers a concrete account of the tension between competitive strength and self-government, arguing that freedom for economically weaker consumers may require large institutions rather than small ones.

  2. 1955
    Holzpreisbildung und Wirtschaftsstabilisierung

    Holzpreisbildung und Wirtschaftsstabilisierung

    Hans Bayer · 4 sections

    Export success can leave domestic timber processors struggling to obtain affordable supplies. In this 1955 article, Hans Bayer examines that tension in Austria, connecting international demand with sawmills’ weak capitalization, delayed customer payments, and forestry’s slow production cycle. He argues that higher prices cannot reliably restore balance: they may instead drive users permanently toward substitute materials, damaging forest owners’ longer-term interests. Neither unrestricted markets nor permanent export restrictions, in his account, can reconcile remunerative forestry prices with domestic supply and export opportunities. His alternative combines negotiation among producers, processors, workers, and consumers with an export levy financing a timber-industry bank, backed by possible state intervention. The article offers a concrete view of how credit provision and negotiated coordination might stabilize a market whose physical supply cannot quickly respond to price.

  3. 1956
    Automation im Zuge des technischen Fortschrittes

    Automation im Zuge des technischen Fortschrittes

    Hans Bayer · 2 sections

    An automated mail-order business can increase productivity while leaving its employees with little more to do than read five-digit numbers. This tension anchors Hans Bayer’s 1956 article: technical sophistication does not necessarily enrich work or spread prosperity. Distinguishing feedback-based automation from assembly-line mechanization, Bayer follows its consequences beyond factories into inventory control and bookkeeping, where integration can displace routine clerical work and concentrate economic power. His perspective links technical change to the arrangements governing its use—working hours, investment, and access to technical education. For Austria, even slow domestic adoption offers no insulation from automated foreign competitors. The article gives readers a concrete way to distinguish what machinery makes possible from what economic and social choices make beneficial.

  4. 1956
    Automation und Wirtschaftsgestaltung

    Automation und Wirtschaftsgestaltung

    Hans Bayer · 5 sections

    A firm can save labour without an economy finding new work for those displaced. This gap anchors Hans Bayer’s 1956 article, the concluding contribution to his three-part discussion of automation. He challenges the supposed automatic passage from lower production costs to lower prices, increased demand, and renewed employment: automation may strengthen the concentrations of power that obstruct that very sequence. His alternative retains markets but makes coordination, income distribution, and shorter working hours decisive to technical progress. What distinguishes the article is its movement from economic mechanisms to human purposes. Leisure requires education, not merely time off; institutional reform requires, in Bayer’s view, a religiously grounded rejection of power and profit as ultimate ends. Automation becomes a test of what economic life is for, rather than simply how much it can produce.

    Technischer Fortschritt der Automation und sozialer Fortschritt fallen keineswegs zusammen.

    English translation: “The technical progress of automation and social progress by no means coincide.”

  5. 1956
    Die überbetriebliche Mitbestimmung und die technische Entwicklung der industriellen Gesellschaft

    Die überbetriebliche Mitbestimmung und die technische Entwicklung der industriellen Gesellschaft

    Hans Bayer · 17 sections

    Against a literature on codetermination he concedes is already vast, Bayer justifies one more treatment by insisting the question be examined from the economy rather than from social psychology. He rejects the picture of the economy as a self-regulating mechanism of supply and demand, calling it instead an organism centered on responsible human beings, so that those who shape the economy must share in governing it. From this he derives a staged, subsidiarity-like structure and tests three models: isolated plant-level codetermination, faulted for breeding plant egoism; integrated codetermination on the Montan pattern; and supra-company codetermination reaching across branches and regions. The second industrial revolution of automation and atomic energy only sharpens the tensions, concentrating power in large firms and demanding countervailing labor institutions rather than empty firm-bound partnership rhetoric.

    Die Peitsche der Konkurrenz zwingt den einzelnen, die Dynamik der Technik voll in die Wirtschaft zu übernehmen.

    English translation: “The whip of competition compels the individual to absorb the dynamism of technology fully into the economy.”

  6. 1956
    Geplante Wirtschaftsdynamik in China und Indien

    Geplante Wirtschaftsdynamik in China und Indien

    Hans Bayer · 13 sections

    Can economic planning secure rapid development without sacrificing the freedoms it promises to serve? In this 1956 article, Hans Bayer compares China and India through official documents and conversations gathered during a study journey. His sharpest distinction concerns institutions that look alike but serve different purposes: Chinese mixed enterprises prepare the way for nationalization, while India’s private and cooperative sectors are intended to endure. Sympathetic to India’s decentralized order, Bayer nevertheless questions whether a state with limited revenues can turn national objectives into effective commitments. He sees possible convergence in Chinese decentralization and Indian public-sector expansion. Read as a contemporary assessment rather than a verdict on subsequent development, the article makes concrete the tension between preserving local initiative and commanding the resources needed for collective investment.

  7. 1956
    Wirtschaftliche und soziale Auswirkungen der Automation

    Wirtschaftliche und soziale Auswirkungen der Automation

    Hans Bayer · 1 sections

    Automation can lower production costs without lowering prices—and make factories more efficient while leaving them more dependent on manufactured demand. In this 1956 article, Hans Bayer examines that tension through the capital requirements and rigidity of automated production. He connects the need for assured sales to industrial concentration, advertising, and products designed for premature replacement. His distinctive measure of economic progress is neither profitability nor technical sophistication, but the durable material basis for personal development. From this perspective, disputes over wages, ownership, and shorter working hours become questions about who receives automation’s benefits and who controls its purposes. The article shows why, for Bayer, greater productive capacity cannot by itself resolve the conflicts between production and consumption, economic power and individual freedom.

  8. 1957
    Betriebliches und überbetriebliches Miteigentum

    Betriebliches und überbetriebliches Miteigentum

    Hans Bayer · 7 sections

    Employee shares can give workers a stake in their firm without making productive wealth more widely accessible. In this 1957 journal article, Hans Bayer examines that gap by asking where the money for ownership comes from—and whose interests the resulting arrangements serve. His distinction between entrepreneurial profit and monopoly rent sharpens the problem: sharing a privileged firm’s gains with its workforce need not benefit society at large. Against schemes financed from already inadequate wages, he considers participation in wealth growth across enterprises, while warning that investment earmarks can suppress necessary consumption. The article offers a concrete way to assess ownership reform beyond the number of shareholders: by its financing, its distribution of benefits, and its compatibility with secure employment and sustained economic activity.

  9. 1957
    Die soziale Tragik der industriellen Revolution

    Die soziale Tragik der industriellen Revolution

    Hans Bayer · 7 sections

    Automation can make shorter working hours possible without making workers more secure. In this 1957 journal article, Hans Bayer locates that contradiction not in machinery itself but in the economic arrangements governing its use. He tests the reassuring sequence by which lower costs supposedly yield lower prices, greater demand, and renewed employment, showing why each transition may fail. His standard is neither output nor consumption alone, but the material security and leisure needed for personal development. Advertising-driven replacement purchases and deliberately shortened product lifetimes sharpen his distinction between selling more and living better. The article offers a concrete way to examine technological progress: ask who receives its gains, who bears its displaced costs, and whether increased productive capacity actually enlarges human freedom.

  10. 1957
    Pläne und Wirklichkeit in der chinesischen Wirtschaft

    Pläne und Wirklichkeit in der chinesischen Wirtschaft

    Hans Bayer · 5 sections

    How much present consumption can justifiably be sacrificed to build future productive capacity? This question anchors Hans Bayer’s 1957 article on Chinese economic planning, electronically republished in 2007. Bayer examines arrangements that complicate a simple opposition between state control and markets: local initiative under central authority, and mixed enterprises retaining former shareholders while transferring control. His broadly affirmative assessment relies heavily on official Chinese statistics and policy reports, making it a contemporary interpretation rather than an independent audit of achievements. Distinctively, he connects investment and ownership reform with the “Bandung spirit” of Asian-African solidarity. Readers can discover how Bayer understood industrialization as both a practical problem of allocating resources and a political response to poverty and foreign domination.

  11. 1958
    Automatisierung in Österreich

    Automatisierung in Österreich

    Hans Bayer · 2 sections

    An automated rolling mill can raise output without spreading prosperity. In this 1958 article, Hans Bayer examines that gap through Austria’s uneven adoption of automation, from VÖEST’s industrial installations to the difficulties facing smaller firms short of capital and secure markets. His central distinction is between profitability for an enterprise and welfare for the economy: lower costs need not produce lower prices, and displaced workers need not find new jobs. Bayer treats credit coordination, retraining, shorter working hours, and equal educational opportunities as conditions for sharing technical gains, not incidental remedies. The article offers a concrete encounter with an economist who welcomes industrial modernization while asking how its growing productive power can serve personal development rather than strengthen economic concentration.

  12. 1958
    Bildungsaufgaben der Sozialakademie

    Bildungsaufgaben der Sozialakademie

    Hans Bayer · 6 sections

    What should a social academy offer working adults beyond skills for economic competition? In this 1958 article, Hans Bayer argues that vocational learning must cultivate independent judgment and social responsibility, not merely occupational competence. His distinctive concern is the connection between personal formation and democratic counterpower: unions and cooperatives need educated members, not just capable leaders, if they are to resist concentrated economic power and commercial manipulation. Bayer makes this educational ideal concrete through unequal access to further study, neglected working-class talent, and the possibilities of leisure beyond consumption. The article lets readers examine both the institutional promise of adult education and the demanding ethical conception of Bildung on which Bayer bases it—a conception that refuses to count knowledge or prestigious schooling alone as genuine education.

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