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Living Economics
Economics is not merely a game to be played by clever professionals, but a discipline that touches upon the most pressing practical issues at any historical juncture. The wealth and poverty of nations is at stake; the length and quality of life turns on the economic conditions individuals find themselves living within. Touching upon a variety of subjects—including market socialism, political economy, and economics education—this reference contains the wisdom of an expert in the field, Peter J. Boettke. The passion of the teacher is often the inspiration for a student. Living Economics illuminates how economics affects all walks of life, whether in the marketplace, voting booth, church, f...
The Political Economy of Fracking
Over the past two decades, "fracking" has led to a revolution in shale gas production. For some, shale gas promised economic opportunities, cheaper energy bills, and an alternative to coal. For others, shale gas was fool’s gold. Critics contend that the shale boom has occurred in a regulatory Wild West, that the response has been fractured and ineffective, or that the harmful environmental and health consequences exceed the benefits from shale gas production. The Political Economy of Fracking argues that the criticism of the shale revolution has been misplaced. The authors use insights from a diversity of perspectives in political economy to understand why the shale boom occurred, who won ...
The Political Economy of Civil Society and Human Rights
Madison uses the concept of civil society and his distinctive version of 'communicative rationality' to provide a closely-argued and robust defence of the neo-liberal political and economic tradition. Writing with considerable elegance and humour, the author draws on the hermeneutical and neo-pragmatist traditions, and on a diverse range of evidence and discussion, mainly concerning transitional economies and societies in Eastern Europe and around the world. Providing a systematic analysis of the multi-faceted notion of civil society, this book shows in detail how the three main orders of civil society - the moral-cultural, the political, and the economic - constitute 'spheres of autonomy'. At the same time, it illustrates how these different orders are closely interrelated and interact in a synergetic manner. A unique feature of this study is the way in which the author demonstrates how the logic of the various orders of civil society is, in a way appropriate to the distinct nature of each order, a logic of communicative rationality. The work concludes by arguing that the only sure way of achieving international justice is by the construction of civil society world-wide.
The Street Porter and the Philosopher
Leading economists explore the premise that all social interactions are exchanges among inherently equal human beings
Modern Applications of Austrian Thought
Austrian economics is often criticized as being hostile to empirical research and seen purely as an ideology. In contrast, the purpose of this book is to show that Austrian economics provides an interesting approach to most conceivable subjects in economics. Edited by Jürgen G. Backhaus, this comprehensive volume includes Austrian analysis of: health economics labour economics taxation business cycle theory property rights. Contributors include Roger Koppl, Bart Nooteboom, Larry Moss, Dick Wagner and Gerrit Meijer, and this significant book will prove invaluable to students of economics and will make interesting reading for applied economists in any area of application.
Knowledge and Incentives in Policy
The relative effectiveness of various institutions, such as the market or government, is based on the ability for individuals to access and use dispersed knowledge in society and the incentives that steer their actions. Market process theory emphasizes the effectiveness of the price system to consolidate and transmit knowledge in the marketplace. Together this framework provides new insights on the capability of individuals to cooperate and improve society, and the limits to government interventions in society. The original research in each chapter uses this economic way of thinking to analyze a variety of public policy issues, examining the incentives responsible for and the factors that contribute to the creation and effectiveness of the policies. These chapters, authored by public policy practitioners and researchers, tackle such pressing issues as public education, the process for approving medical devices, tax policy, and land use regulation.
F. A. Hayek
This book explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Set within a context of the recent financial crisis, alongside the renewed interest in Hayek and the Hayek-Keynes debate, the book introduces the main themes of Hayek’s thought. These include the division of knowledge, the importance of rules, the problems with planning and economic management, and the role of constitutional constraints in enabling the emergence of unplanned order in the market by limiting the perverse incentives and distortions in information often associated with political discretion. Key to understanding Hayek's development as a thinker is hi...
The Elgar Companion to Economics and Philosophy
Economics and philosophy have always been linked. The contributors demonstrate why this is so and illustrate the key areas of overlap. They cover political economy conceived as social philosophy, the methodology and epistemology of economics and social ontology and the ontology of economics.
The Struggle for a Better World
In The Struggle for a Better World, Peter J. Boettke explores how the social sciences, and political economy in particular, help us understand society and its institutions of governance. Boettke advances an approach for understanding, articulating, and pursuing a coherent and consistent vision of a society of free and responsible individuals who may prosper through voluntary participation in the market and their communities. In this volume, a collection of addresses, lectures, and papers over the past two decades, Boettke articulates ideas which, if consistently pursued, can help fulfill liberalism's emancipatory promise to advance human flourishing and overcome adversity caused by economic, social, and political injustice and repression. Boettke advocates for liberal cosmopolitanism, grounded in the principles of equality, justice, and liberty, and the basic recognition that all people are dignified equals, as the best hope for a better world.
