Description
Book SynopsisThe volume gathers together papers presented at the second biennial Wirth conference on Austrian economics, held in October 2008 when the crisis of Fall 2008 was still new and shocking. This coincidence of timing makes policy issues and crisis management a kind of leitmotif of the volume.
Table of ContentsList of Contributors. Introduction: Regrettably exciting times. Opening remarks. The domain of Austrian economics. An “Austrian” interpretation of the meaning of Austrian economics: History, methodology, and theory. The context of context: The evolution of Hayek's epistemic turn in economics and politics. How did Austrian economics thrive outside of Vienna: the case of French political economy. Perspective taking and the heterogeneity of the entrepreneurial imagination. Why Austrians should quit worrying and learn to love the lab. How complex are the Austrians?. Change within permanence: time and the bivalent logic of economic analysis. The role of ideal types in Austrian business cycle theory. The fatal conceit of foreign intervention. Advances in Austrian economics. Advances in Austrian economics. Copyright page.
