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...

This paper has two purposes. First, I hope to give the reader a flavor for the basic contents of Kornai's book, By Force of Thought. Second, I aim to draw attention to the important and close connections between several of Kornai's major works discussed in his autobiography, as well as their...

Over the past decade, economists have increasingly focused on happiness research. The main focus has been on understanding the interconnection between economic outcomes and the resulting happiness of economic actors. The work in this area has yielded many implications for policy in a number of...

Mises and Hayek in the 1920s and 1940s thought of their work as within the orthodoxy of economic science. But after WWII it became increasingly obvious that the contributions of Mises and Hayek were out of step with the way the economics profession was evolving. But starting in 1974, due to the...