The first contribution to this section is by Richard Schmalensee titled “Thoughts on the Chicago school legacy in U.S. antitrust.” It appears the purpose of this essay is to set up a target for the rest of the contributors to shoot at – a target that is emphatically pro-Chicago. In his...

Three themes dominate Hunting Causes . The first is that cause is a plural concept. The methods and metaphysics of causation, Cartwright believes, are context dependent. Different causal accounts seem to be at odds with one another only because the same word means different things in different...

In the title essay of the volume, Heyne wonders why ethicists get so bothered by economists who make claims like, “polluting activities ought to be shifted from developed to less developed countries.” And in a keen rhetorical move – one that Heyne employs throughout the volume – he shows...

For the most part, the book presents a comparative assessment of Austrian economic theories with the predominant neo-classical economic theories. One fundamental theme is that Austrian economic theories are significantly better than that of neo-classical economics and the author provides a...

Like its predecessor – Firms, Governments and Economic Change ( Yu, 2001 ) – this new book originates from Yu's dissatisfaction with the axiomatic optimization-and-equilibrium framework, which he sees as dominating the theory of industrial and economic organization as well as the theory and...

Over the past decade or two, the Hayek Studies industry has been in a period of significant growth. A whole variety of books about Hayek, both his life and his thought, have appeared, with each trying to differentiate its product sufficiently to make a mark on both scholarship and sales. Into...