McCloskey's two volumes argue that a change in our ideas about the dignity of human beings laid the groundwork for the tectonic changes in economic organization known as the advent of capitalism and the Industrial Revolution. The Industrial Revolution also changed human behavior by cultivating...

The Elgar Companion to Austrian Economics is a major new reference work which highlights the common ground between all the branches of the school while demonstrating the breadth and diversity within it. The Companion reflects the many areas where Austrian economists have made contributions,...

The Elgar Companion to Austrian Economics is a major new reference work which highlights the common ground between all the branches of the school while demonstrating the breadth and diversity within it. The Companion reflects the many areas where Austrian economists have made contributions,...

Criticisms by Hodgson and others that Hayek and other Austrians cannot offer a theory of the family are responded to with a discussion of the functions of the family in a market society. The family can be understood as a bridge between what Hayek terms 'organisations', or face-to-face social...

Hayek's arguments for a constitutionally constrained government are consistent with, and to some extent rest upon, his work in theoretical psychology. By exploring his view of the mind in The Sensory Order, we can see the psychological and epistemological underpinnings of Hayek's belief in the...

Gauti Eggertsson uses a dynamic stochastic general equilibrium model in arguing that the period 1933 to 1937 represented recovery from the Great Depression, by virtue of regime change between the Hoover and Roosevelt administrations. He claims that the Hoover administration was defined by...