Description
Book SynopsisThe theme of this volume is 'New Thinking in Austrian Political Economy'. It includes original research by scholars working within Austrian political economy. The contributors draw on insights from Austrian economics that shed new light on a range of relevant topics including: the role of culture in economic action, the political economy of post-disaster recovery, class structure, decentralized political orders, drones, institutional change, macroeconomics, and superstition and norms. Each chapter discusses the relevance of Austrian political economy for understanding the topic under analysis and discusses areas for future exploration and research. The volume captures the relevance of Austrian political economy for scholarship on a wide array of topics and its potential as an active and open-ended research program. Scholars working in the areas of Austrian economics, heterodox economics, constitutional political economy, cultural studies, political science, public choice, sociology, and public policy will find the volume of interest.
Table of ContentsRivalry, Polycentricism, and Institutional Evolution. The Role of Culture in Economic Action. Superstition and Self-Governance. Austrian Contributions to the Literature on Natural and Unnatural Disasters. Volatility in Catallactical Systems: Austrian Cycle Theory Revisited. Treating Macro Theory as Systems Theory: How Might it Matter?. Transitions to Open Access Orders and Polycentricity: Exploring the Interface between Austrian Theory and Institutionalism. An Austrian Approach to Class Structure. Calculating Bandits: Quasi-Corporate Governance and Institutional Selection in Autocracies. Drones Come Home: Foreign Intervention and the Use of Drones in the United States. List of Contributors. Copyright page. New Thinking in Austrian Political Economy. New Thinking in Austrian Political Economy. Introduction. Advances in Austrian economics.
