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Time, change, and complexity : Ludwig M. Lachmann's contributions to the theory of capital / Peter Lewin -- Chinese reforms : a review of Susan L. Shirk, the political logic of economic reform in China / T.David Burns, Kate Xiao Zhou -- Signifying nothing : a review essay of Joseph Stiglitz, Whither Socialism? / Truth-seeking and rent-seeking : a review essay of Lars Magnusson, mercantilism : the shaping of an economic language -- Uniqueness, complementarity, and tension : a review of Israel Kirzner, editor, Classics in Austrian economics / Mario J. Rizzo -- Post-Marshallian and Austrian economics : toward a fruitful liaison? / Nicolai J. Foss -- M. Dietrich, transaction cost economics and beyond / David A. Harper -- Steven G. Medema, Ronald H. Coase / Donald J. Boudreaux -- Raimondo Cubeddu, The philosophy of the Austrian school / Roger Koppl -- Peter J. Boettke, editor, the elgar companion to Austrian economics / Theodore A. Burczak -- The Austrians and self-management : a positive essay / Jaroslav Vanek -- After the fall : an introduction to the symposium on models of socialism / Peter J. Boettke, David L. Prychitko -- The monitoring problem for market socialist firms / N. Scott Arnold -- The critique of workers' self-management : Austrian perspectives and economic theory / David L. Prychitko -- Money, money prices, and the socialist calculation debate / Steven Horwitz -- Market process perspectives on post-communist economies / Laurence S. Moss -- The coase theorem and strategic bargaining / Donald J. Boudreaux

Philosophy, Politics, and Economics, as an interdisciplinary endeavour, has surged in popularity in recent years. Work in this field usually draws on standard microeconomics to grapple with questions from political philosophy. But what might Austrian economics, which provides an alternative approach, have to offer to this endeavour?.

In the 2011 Franz Cuhel Memorial Lecture, I argue that the study of endogenous rule formation in economic life (what I term the positive political economy of anarchism) should be studied in-depth and that the economic analysis of the Austrian school of economics provides many of the key analytical insights necessary for such study.

Philosophy, Politics, and Economics (PPE), as an interdisciplinary endeavour, has surged in popularity in recent years. Work in this field usually draws on standard microeconomics to grapple with questions from political philosophy. But what might Austrian economics, which offers an alternative approach to economic theory, have to offer to this endeavour? Featuring contributions by economists, philosophers, political scientists, and political theorists both friendly to and critical of Austrian ideas, this collection explores what, if anything, Austrian assumptions about human nature and the function of social institutions have to offer the broader field of PPE. The authors explore the relationship of F.A. Hayek's thought to contemporary analysis of democracy, the importance of entrepreneurship for institutional analysis, the possibility and perils of self-governance, and whether Austrian ideas can better explain real-world institutional developments.

Austrian economics is known for extensive--and many economists would say excessive--ruminations on methodology. Attempting to steer a middle course between radical forms of historicism (there are no economic laws) and scientism (economic laws are as precise as physical laws), this approach often appears to diminish the importance of empirical testing and quantitative methods more generally. Since the Austrian revival of the 1970's, social scientists have developed a number of new theoretical and empirical approaches to studying the social world. Experimental and behavioral economics have exploded in popularity. Econometrics has arguably taken a more central role in the discipline than even formal economic theory. And, most prominently, econometricians have developed quasi-experimental techniques for examining real-world data as part of the "credibility revolution." This volume, Contemporary Methods and Austrian Economics, examines the relationship between Austrian economics and these new social scientific methods. Do Austrian critiques of the excessive ambitions of formal theory and empirical measurement still hold water (if they ever did)? Do the findings of these new approaches bolster or undermine distinctively Austrian theories? How should we update our views on the relationship between abstract economic theory and empirical investigations?

The crisis of vision in modern economic thought a symposium / Peter J. Boettke -- The crisis of vision in modern economic thought : some questions from the left / Antonio Callari -- Beyond science : the economists' enterprise / James M. Buchanan -- The problem of vision in economics : a review / Warren J. Samuels -- The crisis of vision in modern economic thought an Austrian economist's perspective / Israel M. Kirzner -- Adolph Lowe and the Austrians / Mathew Forstater -- Austrian insights and the theory of the firm / Nicolai J. Foss -- Francis Newman and the Austrian critique of socialism / Jeremy Shearmur -- Lachmann's plan, and its lesson : comment on Lavoie / David L. Prychitko -- On regrouping the intellectual capital structure of Lachmann's economics / Don Lavoie -- The dangers that court hermeneutics rejoinder to Lavoie / David L. Prychitko -- How entrepreneurs learn / Ivan Pongracic -- Review of Uskali M(c)·aki, Bo Gustafsson, and Christian Knudsen, editors, Rationality, Institutions / Roger Koppl -- The economics of time and money : an introduction to a symposium on Austrian macroeconomics / Steven Horwitz -- The theory of business fluctuations : new keynesians, old monetarists, and Austrians / Parth J. Shah -- Capital and time : variations on a Hicksian theme / Peter Lewin -- Austrian and monetarist business cycle theories : substitutes or complements? / Larry J. Sechrest -- Toward an Austrian theory of expectations / William N. Butos -- The regulation of bank capital adequacy / Kevin Dowd

In recent years there has been a spectacular revival of interest in the economics of the Austrian school.New Perspectives on Austrian Economics includes*A keynote chapter by Israel Kirzner on the question of subjectivism within Austrian Economics*Chapters on Menger, Hayek and Schumpeter*the Socialist Calculation debate*Austrian perspectives on key theoretical issues including Uncertainty and Business Cycle Theory*the policy implications of Austrian economics