Volume 19 includes research by scholars working within Austrian political economy. The contributors shed incisive light on a range of topics in Austrian economics including: the role of culture in post-disaster recovery, class structure, decentralized political orders, drones, institutional...

"Adam Smith is often referred to as the father of modern economics. Throughout his work, he attempted to answer one of the most important questions of all time: How can we humans live together peacefully and prosperously? The mainline of economic thought attempts to address the questions Smith...

The theme of this volume is 'New thinking in austrian political economy'. It includes original research by scholars working within Austrian political economy. The contributors draw on insights from Austrian economics shed new light on a range of relevant topics including: the role of culture in...

Culture shapes economic action and, as such, impacts economic life. Although there is a growing recognition amongst economists that culture matters, there is nothing approaching a universal agreement on how to incorporate culture into economic analysis. We provide a brief summary of how...