James M. Buchanan received the 1986 Nobel Prize in economics for his work on public choice theory. Indeed, Buchanan was one of the first who proposed to use economics to analyze political and constitutional phenomena. But Buchanan was not only interested in public choice, constitutional...

This major three-volume collection – offered in the centenary year of Hayek’s birth – celebrates a lifetime of scholarship and original contributions that cross the disciplines of politics, philosophy and economics.

The Economic Role of the State presents a comprehensive collection of seminal works from David Hume through to Barry Weingast. Including an original introduction, the volume covers the main theories and justifications for and against state intervention as they have developed over two centuries....

The Market Process presents a series of important and innovative articles written by economists of the Austrian School. Covering the gamut of economic issues, including equilibrium theory, free banking, public choice, and the problems of contemporary social reform, the book is an ideal...

This pathbreaking book seeks to be the definitive collection documenting the intellectual legacy of Ludwig von Mises in modern political economy. Its intended readership is scholars in the history of political economy and in particular those interested in the Austrian school of economics.

Market process theory is principally concerned with explaining how the market moves towards a state of general economic equilibrium and how production and consumption plans become coordinated. Market Process Theories presents in two volumes the most important articles by leading economists which...

This thoroughly revised, extended and updated edition of a critically acclaimed textbook provides an accessible and cohesive introduction to the burgeoning discipline of institutional economics.

This Handbook looks through the lens of the latest generation of scholars at the main propositions believed by so-called ‘Austrians’. Each contributing author addresses key tenets of the school of thought, and outlines its ongoing contribution to economics and to the social sciences.

The Elgar Companion to Austrian Economics is a major new reference work which highlights the common ground between all the branches of the school while demonstrating the breadth and diversity within it. The Companion reflects the many areas where Austrian economists have made contributions,...