Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. A form of political economics based on the science of exchange

from the GNU version of the Collaborative International Dictionary of English

  • n. The science of exchanges, a branch of political economy.

from The Century Dictionary and Cyclopedia

  • n. The science of exchanges: adopted by Whately as a designation of political economy.

Etymologies

Sorry, no etymologies found.

Examples

  • Adam Smith talked about the bargaining process, Hayek used the term catallaxy to describe the market order, and Mises suggested that market theory and the price system can be captured under the heading catallactics.

    The Austrian Economists:

Comments

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  • They honor Ayn Rand and von Mises

    So know naught of judgment in crisis.

    In true catallactics

    The salient fact is

    Invariant truth fits all sizes.

    October 16, 2017