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The dominant model of exchange between economists and our cousins in the other social sciences is export. We seldom learn or even try to learn from our compatriots. We peddle our analysis (of everything from the virtuous to the profane), our methods (too often borrowed from the natural sciences)...
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Although the origins of the Austrian school are usually tied to Carl Menger, an argument can be made that its genuine origins rest within the writings of the early classical liberal thinkers, particularly Adam Smith. Boettke (2007), for example, argues that although Austrian economics is outside...
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Market process theory has its origins in the attempt to gain a richer understanding of how the invisible hand operates in coordinating the vast array of economic exchanges that occur on a daily basis. This is in stark contrast to general equilibrium theory, which seeks a price vector that allows...
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This paper reviews our combined experiences teaching a graduate-level course in development economics. Our goal is to provide an overview of the course with an emphasis on the connection with Austrian themes. Due to the natural trajectory of the field of development economics, a course in this...
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