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...

Introduction / Peter Boettke, Christopher Coyne, Virgil Storr -- Exploring and extending the theory of the market process -- Plato's economic genius / Nathan Sawarzky -- Beyond the efficiency of the market : Adam Smith on sympathy and the poor law / Brianne Wolf -- Why be robust? : the...

"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...

Introduction : uncertainty and discovery in a post-disaster context / Emily Camlee-Wright, Virgil Henry Storr ; Uncertainty in the post-Katrina Big Easy / Adam Martin -- The use of knowledge in natural disaster relief management / Russel S. Sobel, Peter T. Leeson -- Making hurricane response...

Culture has been a relatively understudied subject within economics. Economists who have studied it often conceive culture as a form of capital, treating it as a set of tools or a resource that certain groups possess and other groups do not. Austrian economics, in contrast, is a science of human...