A Research Agenda for Austrian Economics

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A Research Agenda for Austrian Economics

9781800882256 Edward Elgar Publishing
Edited by Steven Horwitz, Distinguished Professor of Free Enterprise, Department of Economics, Ball State University and Louis Rouanet, Assistant Professor, Department of Economics and Finance, University of Texas El Paso, US
Publication Date: 2023 ISBN: 978 1 80088 225 6 Extent: 200 pp
This thought-provoking Research Agenda examines various themes within economic studies that have become active areas of commentary for economists of the Austrian School. Contributors establish their own distinctive interpretations of how an Austrian Research Agenda should appear, displaying plainly that there is no set dogma within Austrian economics.

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Critical Acclaim
Contributors
Contents
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Elgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary.

This thought-provoking Research Agenda examines themes within economic studies that have become active areas of commentary for economists of the Austrian School. Contributors establish their own distinctive interpretations of how an Austrian Research Agenda should appear, clearly demonstrating there is no set dogma within Austrian economics.

Chapters provide state-of-the-art dialogues surrounding the many complex dimensions of Austrian economics, including the School’s responses to behavioral economics and the theory of public goods. This book portrays Austrian economics as constantly evolving and its ultimate endeavour is to prompt further contributions and discussions surrounding the Austrian School.

This erudite Research Agenda will be highly beneficial for graduate students studying political economics, market processes and economic development, seeking to understand the unique dimensions of Austrian economics. It will also be of great value to academics endeavouring to conduct comparative studies of different economic schools of thought.
Critical Acclaim
‘The wide-ranging chapters in this volume will be of great interest to scholars from across the social sciences. They demonstrate that Austrian economics remains a lively and progressive research program with important contributions to make to the most pressing issues in contemporary scholarship and policy.’
– Christopher Coyne, George Mason University, US

‘A Research Agenda for Austrian Economics offers an overview of the most recent contributions of modern Austrian economics to some of the most pressing issues of political economy. The chapter authors are highly regarded scholars in their area of expertise and do a remarkable job summarizing the latest research in their field. More importantly, they demonstrate how Austrian economics is usefully contributing to that literature and identify research avenues for future work in Austrian economics. This book will be particularly useful for young scholars seeking to learn how to conduct relevant and cutting-edge research in Austrian economics.’
– Daniel J. Smith, Middle Tennessee State University, US

‘Austrian economics is steeped in history. But what of its future? To find out, A Research Agenda for Austrian Economics taps some of the tradition’s most prolific young scholars. Their chapters leave no doubt that the future of Austrian economics is bright. And Louis Rouanet’s opening address to fellow Austrians is magnificent.’
– Peter T. Leeson, George Mason University, US

‘The Austrian School was most clearly distinguished from mainstream economics in the latter half of the twentieth century as a result of the socialist calculation debate. With that issue settled, this book shows that the Austrian School’s ideas remain relevant to contemporary economic issues.’
– Randall G. Holcombe, Florida State University, US
Contributors
Contributors include: Peter Boettke, Nicolas Cachanosky, Rosolino Candela, Bryan Cutsinger, Vincent Geloso, Abigail R. Hall, Peter Lewin, David S. Lucas, Ennio E. Piano, Marta Podemska-Mikluch, Diana W. Thomas, Michael D. Thomas,
Contents
Contents:

Introduction to A Research Agenda for Austrian Economics xi
Louis Rouanet
1 An Austrian perspective on militarism 1
Abigail R. Hall
2 Monetary policy and business cycles: a post-crisis
research agenda for Austrian economics 21
Bryan P. Cutsinger
3 Austrian economics and mainstream
entrepreneurship: retrospect and prospect 45
David S. Lucas
4 Knowledge and incentive problems in regulatory
studies: an Austrian perspective 69
Diana W. Thomas and Michael D. Thomas
5 Reasonable disagreement: Austrian responses to
behavioral economics 89
Ennio E. Piano
6 EPE and the Viennese students of civilization 113
Marta Podemska-Mikluch
7 Accounting and finance: capital and cost in economics 131
Peter Lewin and Nicolas Cachanosky
8 An Austrian reassessment of the theory of “public
goods”: what is left (and right)? 147
Rosolino Candela and Vincent Geloso
Conclusion: Steve Horwitz (1964–2021): teacher, scholar,
and public intellectual 165
Peter J. Boettke

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