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Before economists and sociologists came up with their own definitions of the term "capital", it was commonly understood as money invested in businesses by their owners or shareholders, and it continues to be understood this way in everyday business practice. In a recent article, Geoffrey Hodgson...
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During the last years of his life, the mathematician Karl Menger worked on a biography of his father, the economist and founder of the Austrian School of Economics, Carl Menger. The younger Menger never finished the work. While working in the Menger collections at Duke University's David M....
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This essay examines the relationship between Austrian economics and economic history. It notes their different origins as scholarly fields, and divergent trajectories over the course of the twentieth century, before discussing recent examples of cross-fertilization and pointing to areas of...
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Economic history has become an increasingly broad discipline, after a temporary narrowing following the cliometric revolution of the mid-twentieth century. Increasingly sophisticated econometric techniques are used to capture the institutional detail involved in the dynamics of historical...
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