Introduction / Roger Koppl -- The research program of Austrian economics / Lawrence H. White -- Hayek vs. Hayek : a defence of moderate trade union activity / Torsten Niechoj -- Analogous models of complexity : the Austrian theory of capital and Hayek's theory of cognition as adaptive...

Features papers presented at the inaugural Wirth Institute Conference on the Austrian School of Economics. This work explores issues in economic policy, applied economics, and pure theory from a variety of perspectives.

In almost every corner of our private and public lives we rely on experts to advise us. This important species of labor is getting increasing attention from economists, who are beginning to learn how to apply their tools and assumptions to the problem of expertise. Under what conditions of...

Under what conditions of supply and demand are experts likely to give us good advice? When is expert failure more likely? Do entrepreneurs challenge existing expertise? Are they experts themselves? This title brings a heterogeneous collection of thinkers, some "Austrian" and to engage the...