1 Introduction -- 2 The Meaning of the First Decade of Soviet Socialism -- 3 The Political Economy of Utopia: Communism in Soviet Russia, 1918–1921 -- 4 The Political Economy of NEP: Market Relations and Interventionism in Soviet Russia, 1921–1928 -- 5 The Political Economy of Development...

This paper discusses the unique features of Austrian economics and some of the recent contributions of this school of thought. We organize these contributions in different research “buckets” in the hope that this will be a useful guide to readers while demonstrating the ongoing relevance of...

The compelling case offered by Austrians regarding the recent economic downturn has no doubt encouraged many to take a closer look at the broader Austrian perspective. Similarly, the jobless recovery has prompted some soul searching in labor economics. We briefly review the history and...

Writing over 230 years ago, Adam Smith noted the 'juggling trick' whereby governments hide the extent of their public debt through 'pretend payments.' As the fiscal crises around the world illustrate, this juggling trick has run its course. This paper explores the relevance of Smith’s juggling...