We contend that the transformation of economics from a discipline that studies the economy to one that is entrusted with its control has threatened the very soul of economics. The false pretense of scientific management led economists to promise to accomplish tasks that they cannot legitimately...

This paper suggests that contemporary economics is characterized by three key features. First, it is focused on "big questions" in political economy and is willing to look outside economics to search for these questions and their answers. Second, contemporary economics is empirically focused....

We assess the impact of two groups of economists; mainline economists, who regard economics primarily as the science of exchange and mainstream economists, who perceive economics primarily as the science of choice. To control for scholarly quality we investigate the citation impact of Nobel...

Advances in Austrian Economics is a research annual whose editorial policy is to publish original research articles on Austrian economics. Each volume attempts to apply the insights of Austrian economics and related approaches to topics that are of current interest in economics and cognate...