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...

"Adam Smith is often referred to as the father of modern economics. Throughout his work, he attempted to answer one of the most important questions of all time: How can we humans live together peacefully and prosperously? The mainline of economic thought attempts to address the questions Smith...

Front Cover -- Revisiting Hayek's Political Economy -- Copyright Page -- Contents -- List of Contributors -- About the Contributors -- Introduction -- Notes -- References -- Hayek's Nobel -- Introduction -- Prelude -- The Nobel Prize Ceremony -- Hayek's Prize Lecture -- Battles of the Nobels --...

The relationship between the Austrian tradition and Bloomington institutionalism has been part of a larger intellectual evolution of a family of schools of thought that coevolved in multiple streams over the last 100 years or so. The Bloomington scholars, once they delineated the broader...