Legal scholars and economists alike have been quite critical of F. A. Hayek’s legal theory. According to Richard Posner, Hayek’s legal theory is “formalist” and serves as a useless guide for legal scholars and judges. Alan Ebenstein claims that Hayek’s arguments in technical economics...

In light of the links between complexity and Austrian economics, this paper analyzes Ludwig von Mises’s works in an attempt to recognize in this author the same status as other Austrians such as Carl Menger or F.A. Hayek with respect to complexity economics. Previous literature has excluded...

William Darity, M’Balou Camara, and Nancy MacLean (2022) claim that W.H. Hutt was a white supremacist. We show that they reach this conclusion via strained interpretations and citation errors, and we describe documentary evidence that casts doubt on their thesis

During the last decade or so philosophers of science have shown increasing interest in scientific models and modeling. The primary impetus seems to have come from the philosophy of biology, but increasingly the philosophy of economics has been drawn into the discussion. This paper will focus on...

In this introduction sketch the architecture of Mises' economics and political economy. Mises' overarching program is one of examining exchange (economic science) and the institutions within which exchange takes place (political economy). In recent years the economics profession has moved...

This paper explores the relationship of Max Weber's "social economics" to the work of the Austrian School of Economics, and in particular the writings of Ludwig von Mises and F. A. Hayek. We argue that the Austrian school scholars complement and extend the work of Weber. The sophisticated form...

The idea of measuring scientific relevance by counting citations is gaining ever-growing consensus among economists, and thanks to the electronic bibliographic resources now available the procedure has become relatively simple and fast. However, when it comes to putting the idea into practice...

Historians of economic thought are paying greater attention to issues of social ontology (that is, to the assumptions that economists make about the nature of social reality). In this paper, we contribute to this burgeoning literature by exploring the hitherto neglected way in which James...

Although Adam Smith’s 1776 Wealth of Nations is often cited as marking the birth of economics, it was really not until after the second world war that economics became the distinctive, more or less unified, and largely separate discipline summarised in the textbooks of today. Even a mere...