Most Popular Posts of 2017

ThinkMarkets got a facelift in 2017 and there were lots of new posts. Some posts have received more attention than others. Below you find the most popular new posts of 2017: Richard Thaler's Nobel Prize David Rockefeller as an Economist 200 Years of the Theory of Comparative Advantage A Crisis in Economics? An Axiomatic Case … Continue reading Most Popular Posts of 2017

COSMOS + TAXIS Issue on Jane Jacobs

by Sandy Ikeda Jane Jacobs’ writings span several disciplines—including ethics and most especially economics—but she is best known for her contributions to and her critique of urban planning, design, and policy. Many of those whom she influenced in academia, policy, and activism took the occasion of her one-hundredth birthday in 2016 to celebrate those contributions … Continue reading COSMOS + TAXIS Issue on Jane Jacobs

O’Driscoll: Allan Meltzer Remembered

Allan Meltzer has died at age 89. The number of articles on Meltzer these days indicate the significance of his contributions. Carnegie Mellon University and Bloomberg published good summary articles on Meltzer's outstanding academic career, ideas and influence in policy. Jerry O'Driscoll's personal note on Alt-M emphasizes that Meltzer was also a great manager and … Continue reading O’Driscoll: Allan Meltzer Remembered

Call for Papers: 2017 SDAE Meetings (Deadline: April 1, 2017)

The annual meeting of the Society for the Development of Austrian Economics will be held during the Southern Economics Association meetings in Tampa, FL at the Tampa Marriott Waterside Hotel and Marina, November 17-19, 2017 (Friday to Sunday; more information can be found here: Members interested in presenting papers, serving as chairs/discussants, or proposing … Continue reading Call for Papers: 2017 SDAE Meetings (Deadline: April 1, 2017)

Call for Papers: Austrian Monetary Economics Conference

I would like to bring the following to your attention: – Call for Papers – Monetary Policy in the 21st Century: The Renaissance of Austrian Monetary Economics Madrid, November 2nd and 3rd, 2017 Submission deadline: June 30th, 2017 The Faculty of Political Economy in co-operation with the Master Programme in Economics of the Austrian School … Continue reading Call for Papers: Austrian Monetary Economics Conference

Discussion of Israel Kirzner’s Work on Entrepreneurship

Check this out at Liberty Matters. Lead Essay: Peter J. Boettke, "Israel M. Kirzner on Competitive Behavior, Industrial Structure, and the Entrepreneurial Market Process" [Posted: March 1, 2017] Responses and Critiques Mario J. Rizzo, "Kirzner’s Theory of the Market Process" [Posted: March 6, 2017] Peter G. Klein, "Entrepreneurial Discovery: Who Needs It?" [Posted: March 8, … Continue reading Discussion of Israel Kirzner’s Work on Entrepreneurship

Economics of the Undead: Zombies, Vampires, and the Dismal Science

by Glen Whitman Last year in this space, I posted the Call for Abstracts for a forthcoming book called Economics of the Undead. That project is now coming to fruition! The book will officially be published tomorrow; here's the Amazon page, and here's the Barnes & Noble page. (The Kindle version should also become available … Continue reading Economics of the Undead: Zombies, Vampires, and the Dismal Science

Economics Music Video Contest: Markets Promote Peace

by Edward Stringham As a professor, I am a  fan of rigorous economic research, but I am also a fan of helping students learn about how important economics is in an engaging way. John Papola did an excellent job with the Keynes Versus Hayek music videos (especially the second one with yours truly), and over the past … Continue reading Economics Music Video Contest: Markets Promote Peace

A New Journal from The Ronald Coase Institute

by Mario Rizzo Readers of this blog may be interested in learning that the awaited-and-hoped-for new journal is actually coming soon. It is a welcome change from the usual in economics today. I hope that Austrians might consider submitting articles of high quality. The following is taken from the website of the Ronald Coase Institute. … Continue reading A New Journal from The Ronald Coase Institute

Elinor Ostrom, RIP

by Mario Rizzo This will not be a review of her scholarly contributions. I have already made some attempt at that in a post shortly after her richly-deserved Nobel prize in economics. And I also link an announcement of her death here.  I met Professor Ostrom at a celebration of her work at GMU after she won the prize. … Continue reading Elinor Ostrom, RIP

Hayek Lecture by Taylor

John Taylor received the Manhattan Institute’s 2012 Hayek prize for his book, First Principles: Five Keys to Restoring America's Prosperity.  In the lecture he gave for the occasion, Professor Taylor argued for rules-based policies—-that would be a real reform. The video of the lecture is on the Manhattan Institute site.   It was also published in … Continue reading Hayek Lecture by Taylor

“National Competitiveness”

by Mario Rizzo A new book has been published, Institutional Economics and National Competitiveness,  edited by long-time colloquium member -- Professor Young Back Choi of St. John's University. Here is the publisher's description. Please ask your library to order it. This book offers a strong contribution to the growing field of institutional economics, going beyond the question … Continue reading “National Competitiveness”

Austrian Law and Economics: The Definitive Collection

by Mario Rizzo Edward Elgar has announced the publication of a two-volume collection of Austrian law and economics articles. The marks the first definitive collection of articles in this field. It is a book for your university or public library. Please recommend it!    Edited by Mario J. Rizzo, Department of Economics, New York University, … Continue reading Austrian Law and Economics: The Definitive Collection

Great New Blog

by Bill Butos Friends of ours, including Richard Ebeling, Steve Horwitz, Gerry O’Driscoll, George Selgin, and Larry White, and others, are contributors to a new blog on “Free Banking”. Quoting its credo,  “The Free Banking blog is a venue for leading free banking advocates to share their insights with the world. This illustrious cast includes … Continue reading Great New Blog