|Peter Boettke|

During the week of June 15-22, 1974 the Institute for Humane Studies (IHS) sponsored a conference in the little town of South Royalton, Vermont that would result in a growing intellectual movement that has constantly increased in size and strength since. Richard Ebeling has a nice discussion of this moment in history, and explains the context and content of the conference and its subsequent importance. The only thing I would like to add to that is two lists --- the books published in the Mario Rizzo and Lawrence White edited series, Foundations of the Market Economy; and the books published in my series, New Thinking in Political Economy. Of course, there are even greater signs of success with books published by Cambridge, Oxford, Princeton, Stanford, etc., as well as the amazing world-wide spread of these ideas through the internet and various alternative educational media. Austrian economics has 3 dedicated journals as research outlets, and also plays a significant role in the editing and development of a multiplicity of field and general interest journals in the social sciences and humanities. There are graduate programs with a significant influence of Austrian teachings in the US, Canada, Latin America, Australia and Europe. There are "think tanks" and "research centers" on every continent of the globe.

Various aspects of Austrian economics have influenced the research of multiple Nobel Prize winners in economics. In short, Austrian economics must be viewed not as a relic of an earlier age, but as a vibrant, diverse, and progressive research program in the social sciences and humanities. And, to the extent it is, it is important to remember that the modern revival of interest in these ideas among younger research scholars can be traced to that conference sponsored by IHS in a little town in Vermont.

Foundations of the Market Economy

Edited by Mario Rizzo and Lawrence White

A Market-Process Perspective

By Esteban F. Thomsen First published in 1992. Routledge is an imprint of Taylor & Francis, an informa company.... Published May 7th 1992 by Routledge

New Thinking in Political Economy series



Series editor: Peter J. Boettke, George Mason University, US



New Thinking in Political Economy aims to encourage scholarship in the intersection of the disciplines of politics, philosophy and economics. It has the ambitious purpose of reinvigorating political economy as a progressive force for understanding social and economic change. The series will be an important forum for the publication of new work analysing the social world from a multi disciplinary perspective. With increased specialization (and professionalisation) within universities, interdisciplinary work has become increasingly uncommon. Indeed, during the 20th century, the process of disciplinary specialization reduced the intersection between economics, philosophy and politics and impoverished our understanding of society. Modern economics in particular has become increasingly mathematical and largely ignores the role of institutions and the contribution of moral philosophy and politics. New Thinking in Political Economy will stimulate new work that will combine technical knowledge provided by the 'dismal science' and the wisdom gleaned from the serious study of the 'worldly philosophy'. The series will reinvigorate our understanding of the social world by encouraging a multidisciplinary approach to the challenges confronting society in the next century. For submissions in this series please contact our commissioning editor - http://www.e-elgar.co.uk/proposal.lasso





Sweden And The Revival Of The Capitalist Welfare State Bergh, A. ‘Sweden has a remarkable political culture that marries market liberalism and social democratic sensibilities. Bergh's fine book helps us get beyond a sense of paradox in that.’

– Daniel Klein, George... read more... Hardback £65.00 on-line price £58.50 Qty Hardback

Entrepreneurial Action, Public Policy, And Economic Outcomes Salvino Jr., R.F. Tasto, M.T. Randolph, G.M. Examining the economics of entrepreneurship from the perspectives of productive versus unproductive entrepreneurial behavior and the role of institutions in economic outcomes, the authors in this book... read more... Hardback £70.00 on-line price £63.00 Qty Hardback

Constitutional Economics And Public Institutions Cabrillo, F. Puchades-Navarro, M.A. This extensive book covers a wide range of topics within the public choice and constitutional political economy tradition, providing a comprehensive overview of current work across the field. Case stu... read more... Hardback £95.00 on-line price £85.50 Qty Hardback

Economic Futures Of The West Winiecki, J. This thought-provoking book considers the global challenges and challengers to the economic supremacy of the West. Jan Winiecki explores the various problems that the West must deal with in order to r... read more... Hardback £65.00 on-line price £58.50 Paperback £25.00 on-line price £20.00 Qty Hardback Paperback

The Rediscovery Of Classical Economics Simpson, D. ‘This book puts human beings back at the heart of the economic process. It shows how this classical, human-centred tradition, stretching from Adam Smith onward, gives us a much better understanding of... read more... Hardback £70.00 on-line price £63.00 Qty Hardback

International Aid And Private Schools For The Poor Dixon, P. ‘This is a technical study written with passion by an author with a vocation. Unless suppressed by the educational establishment, it will transform its subject.’

– J.C.D. Clark, Times Literary Supplem... read more... Hardback £70.00 on-line price £63.00 Qty Hardback

Institutions In Crisis Howden, D. ‘The current European recession is being offered as an excuse for a wider, more expansive centralized Europe. Failure to recognize the true causes of the recession – failed institutions that have plag... read more... Hardback £78.00 on-line price £70.20 Qty Hardback

Good Governance In The 21st Century Ahrens, J. Caspers, R. Weingarth, J. This book explores the interdependences of economic globalisation, political tensions, and national policymaking whilst analysing opportunities for governance reform at both national and international... read more... Hardback £93.00 on-line price £83.70 Qty Hardback

Robust Political Economy Pennington, M. ‘I really enjoyed reading Mark Pennington's book. Really, really enjoyed it. He nicely blends public choice and Austrian insights, the notion of robust political economy as something that takes into a... read more... Hardback £85.00 on-line price £76.50 Paperback £26.00 on-line price £20.80 Qty Hardback Paperback

The Political Economy Of Hurricane Katrina And Community Rebound Chamlee-Wright, E. Storr, V.H. In 2005 Hurricane Katrina posed an unprecedented set of challenges to formal and informal systems of disaster response and recovery. Informed by the Virginia School of Political Economy, the contribut... read more... Hardback £80.00 on-line price £72.00 Qty Hardback

Socialism, Economic Calculation And Entrepreneurship Huerta de Soto, J. ‘A leading scholar in the tradition of the Austrian School of Economics, Professor Jesús Huerta de Soto presents a powerful analysis of socialism in a book dedicated to Ludwig von Mises, who underline... read more... Hardback £97.00 on-line price £87.30 Paperback £33.00 on-line price £26.40 Qty Hardback Paperback

The Economics Of Ignorance And Coordination Aimar, T. This book clarifies the specific nature of the Austrian theory and restores the unity and open-mindedness of the Austrian school in general. The intention is not to offer a collection of different or ... read more... Hardback £85.00 on-line price £76.50 Qty Hardback

Media, Development, And Institutional Change Coyne, C. Leeson, P.T. ‘I highly recommend the book. Economists interested in development, public choice and the media will all find that Coyne and Leeson have made a valuable contribution. If economists over the next decad... read more... Hardback £74.00 on-line price £66.60 Qty Hardback

The Neoliberal Revolution In Eastern Europe Aligica, P.D. Evans, A.J. This unique book develops two different but related research agendas: the study of the spread of ‘neoliberalism’ – as seen from the perspective of Eastern European post-communist evolutions; and the s... read more... Hardback £85.00 on-line price £76.50 Qty Hardback

Employees And Entrepreneurship Pongracic Jr., I. Over the last few decades, there has been a great deal of management literature recommending the removal of firms’ hierarchies and the empowerment of employees. Ivan Pongracic, Jr. examines these them... read more... Hardback £74.00 on-line price £66.60 Qty Hardback

Political Failure By Agreement Wegner, G. ‘In drawing particular attention to the implications of evolutionary market theory for public policy Gerhard Wegner adds a novel and instructive line of argument to the long-standing debate on the inh... read more... Hardback £74.00 on-line price £66.60 Qty Hardback

Institutional Competition Bergh, A. Höijer, R. ‘While economists typically praise the merits of competition among market-based enterprises, they are not so sure when it comes to competition among institutions, especially governments. I am aware of... read more... Hardback £85.00 on-line price £76.50 Qty Hardback

Public Choice And The Challenges Of Democracy Casas Pardo, J. Schwartz, P. This timely and important volume addresses the serious challenges faced by democracy in contemporary society. With contributions from some of the world’s most prestigious scholars of public choice and... read more... Hardback £102.00 on-line price £91.80 Qty Hardback

Fiscal Sociology And The Theory Of Public Finance Wagner, R.E. ‘This is a highly original and creative argument by a major political economist to rethink how the public economy is studied. Instead of treating the public sector as a corrective agency for problems ... read more... Hardback £75.00 on-line price £67.50 Paperback £31.00 on-line price £24.80 Qty Hardback Paperback

Humane Economics High, J. ‘The authors do well-merited honor to Don Lavoie with carefully written contributions that not only are excellent for a memorial volume but could constitute a selection of outstanding journal articles... read more... Hardback £90.00 on-line price £81.00 Qty Hardback

Anarchy, State And Public Choice Stringham, E. ‘The collection is well-rounded, including both purely theoretical analyses, as well as contributions with a strong historical and empirical focus. . . This is an excellent collection not only for all... read more... Hardback £79.00 on-line price £71.10 Qty Hardback

The Political Sociology Of Freedom Hamowy, R. ‘Ronald Hamowy’s foundational study of the Scottish Enlightenment provides a framework for his further critical assessments of the political and juridical contributions of F.A. Hayek, one of its great... read more... Hardback £85.00 on-line price £76.50 Qty Hardback

Austrian Economics And The Political Economy Of Freedom Ebeling, R.M. ‘Richard M. Ebeling is one of the most dedicated and competent scholars engaged in research on the life and work of Ludwig von Mises. Professor Ebeling’s work on different aspects of Austrian economic... read more... Hardback £80.00 on-line price £72.00 Qty Hardback

Constitutions, Markets And Law Voigt, S. Wagener, H.-J. ‘Studies such as these, which allow a better understanding of the relationship between law and economics deserve to be widely welcomed.’

– The Commonwealth Lawyer



Constitutional political economy app... read more... Hardback £102.00 on-line price £91.80 Qty Hardback

Governance And Economic Development Ahrens, J. ‘. . . this volume is an excellent resource for those interested in the analysis of institutions’ design and economic development. . .’

– Oscar Alfranca, Progress in Development Studies



The main them... read more... Hardback £107.00 on-line price £96.30 Qty Hardback

Markets, Planning And Democracy Prychitko, D.L. ‘. . . for a reader who is interested in East Europe’s socio-political changes the book makes fascinating reading, although it tells very little about the reality of these countries over the past deca... read more... Hardback £75.00 on-line price £67.50 Qty Hardback

Ethics As Social Science Yeager, L.B. ‘. . . an illuminating book, informed by careful thought and wide-ranging scholarship.’

– David Gordon, The Mises Review



‘Economics claims to be a science of choice and its unintended consequences,... read more... Hardback £101.00 on-line price £90.90 Paperback £32.00 on-line price £25.60 Qty Hardback Paperback