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: https://www.southerneconomic.org/conference/). Members interested in presenting papers, serving as chairs/discussants, or proposing … Continue reading Call for Papers: 2017 SDAE Meetings (Deadline: April 1, 2017)
For those of you with a keen interest in the history of economic thought, especially with regard to the history of the early revival of Austrian economics from the late 1970s, there is a site which has some interesting photos. Please check out the website for Austrian Economics Re-Examined: The Economics of Time and Ignorance … Continue reading Austrian Revival Photos
My latest comments at the LibertyMatters discussion of entrepreneurship is now posted. All the opposition is defeated.
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
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
Dear readers, ThinkMarkets was set up in late 2008. It needed a facelift. We hope you like the new mobile-friendly look. You can now follow us on Facebook and Twitter. Stay tuned for new posts!
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
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
by Mario Rizzo There have been no posts in a long time. Apologies to our readers. I have been working on my book with Glen Whitman on new paternalism, behavioral economics and rationality. I have also been hard at work establishing the Classical Liberal Institute at the NYU Law School. I am excited about both … Continue reading WE ARE BACK!!!!
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
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
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
Gerald O’Driscoll explains how the Federal Reserve is bailing out European banks. Click for his insightful piece in the Wall Street Journal.
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”
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
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
by Mario Rizzo The reaction was so universally and dramatically negative to the "new look." Back to the old look with a few improvements.
We have a new look. Take a little time to get used to the change. Then let us know what you think.
by Mario Rizzo There are few economists who are as important to the development of economics as Ronald Coase. It is important that young economists who, in their now almost-universally inadequate education, take the time to familiarize themselves with his contributions. This is best done directly through his own well-written articles rather than through the … Continue reading Happy Birthday Ronald Coase