Austrian Economics

Austrian Economics

Research

Scott Beaulier, Peter J. Boettke | Aug 05, 2011
This policy brief discusses the United States' ongoing cycle of debt and deficits.
Daniel Klein, Michael J. Clark | Jul 05, 2011
According to recent research, marching, singing, and dancing with others fosters cooperation. That quality may explain why the pioneering theorist of social cooperation, Adam Smith, infused The Theory of Moral Sentiments with the language of music and harmony.
John Nye | Jun 21, 2011
This essay uses the Philippines as a case study to suggest what is wrong with leading development prescriptions.
Paul Dragos Aligica, Peter J. Boettke | Mar 02, 2011
This article argues that the Ostroms' institutionalism has a dimension that is complex and profound enough to deserve to be considered a “social theory” or a “social philosophy.” The article pivots around the thesis that the “social philosophy” behind the Bloomington School's research agenda has in fact two facets that may or may not be consistent with each other.
Daniel Klein | Oct 14, 2010
This article interprets F. A. Hayek as having been constrained by the statism and modernism of his times, and as writing in a way that obscured some of his central ideas.
Steven D. Ealy | Jul 26, 2010
Friedrich Hayek‘s interest in the ideal of rule of law as the centerpiece of a free society grew out of his analysis of the nature of centralized economic planning. This paper traces the development…

Speeches & Presentations

Expert Commentary

Jun 20, 2013

The favorable attention given to the idea of reinstituting a gold standard has attracted criticism of the idea from a variety of sources. Considered here are the most important arguments against the gold standard that have been made by economists and economic journalists in recent years.
May 31, 2012

My love affair with economics began in the fall of 1979. The summer prior to that I had experienced the long lines for gasoline, and I was confused and frustrated by the experience for a variety of reasons. Economics erased my confusion and targeted my frustration on the cause of the shortages. I was hooked.
Oct 10, 2011

Sep 13, 2011

Aug 12, 2011

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Aug 03, 2011

Charts

Experts

Paul Dragos Aligica is a senior research fellow and senior fellow at the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University.
Peter Boettke is the BB&T Professor for the Study of Capitalism and the vice-president and director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center as well as University Professor of Economics and Philosophy at George Mason University. He specializes in Austrian economics, economic history, institutional analysis, public choice, and social change.
Donald J. Boudreaux is a senior fellow with the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University, a Mercatus Center Board Member, and a professor of economics and former economics-department chair at George Mason University. He holds the Martha and Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center. He specializes in globalization and trade, law and economics, and antitrust economics.
Christopher Coyne is associate director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics and F. A. Harper Professor of Economics at the Mercatus Center at George Mason University. He is also a professor of economics and director of graduate studies in the economics department at George Mason University. He specializes in Austrian economics, economic development, emerging democracies, postwar and disaster reconstruction, political economy, and social change.
Russell Roberts is a Mercatus affiliated senior scholar and a research fellow at Stanford University's Hoover Institution. Dr. Roberts is the host of the weekly podcast series EconTalk, and he blogs at Cafe Hayek.
Virgil Storr is a senior research fellow and director of graduate student programs at the Mercatus Center at George Mason University. He is a research associate professor of economics and the Don C. Lavoie research fellow in the program in philosophy, politics, and economics at the department of economics of George Mason University.
Lawrence H. White is a professor of economics at George Mason University. His primary research interests include monetary theory and policy, history of banking and financial institutions, and central banking.

Podcasts

Russell Roberts | February 25, 2013
Yanis Varoufakis of the University of Athens, the University of Texas, and the economist-in-residence at Valve Software talks with EconTalk host Russ Roberts about the unusual structure of the workplace at Valve. Valve, a software company that creates online video games, has no hierarchy or bosses. Teams of software designers join spontaneously to create and ship video games without any top-down supervision. Varoufakis discusses the economics of this Hayekian workplace and how it actually functions alongside Steam--an open gaming platform created by Valve. The conversation concludes with a discussion of the economic crisis in Europe.

Recent Events

To reflect on the significance of Hayek’s Nobel Prize and the various strands of influence his work has had in subsequent decades of scholarship, please join us for a keynote speech and panel discussion by some of Hayek’s most prominent colleagues and interlocutors.

Books

Peter J. Boettke, Frederic Sautet | Apr 01, 2013
First published in 1973, Competition and Entrepreneurship defined Israel M. Kirzner’s unique contribution to the economics profession. This volume, in print without interruption since the date of its first publication, provides a thorough critique of contemporary price theory, an essay on the theory of entrepreneurship, and an essay on the theory of competition, offering a new appraisal of quality competition, of selling effort, and of the fundamental weaknesses of contemporary welfare economics.

Media Clippings

Donald J. Boudreaux | Jul 16, 2013
Don Boudreaux hits one out of the park here. It’s one of those arguments that you or I haven’t come up with ourselves but which make immediate sense once explained. Don’s point, the one he wants to highlight, is that in a world of homogenous labour then perhaps that inimum wage isn’t quite so bad.
Eli Dourado | Jun 25, 2013
Eli Dourado discusses how to measure the value of alternative currencies.
| Jul 12, 2012
Anthony Sanders quoted discussing the housing market.
| Jun 11, 2012
Anthony Sanders comments on the housing market in a Bloomberg article.
Arnold Kling | Feb 27, 2012
Arnold Kling pens part one of a series contrasting six different economic schools of thought.
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