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Investigations of national competitiveness aim to trace the causal mechanisms behind patterns in wealth and poverty across societies. This paper argues that to be productive such investigations must be comparative, historical and political economic in nature. Comparative historical political...
Persistent link: https://www.econbiz.de/10013039406
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We argue James M. Buchanan's scholarship provides us an exemplary model for doing liberal political economy. Levy (2014) argues there are irreconcilable tensions within liberalism between rationalism and pluralism. Buchanan navigates these tensions in a way that powered one of the most important...
Persistent link: https://www.econbiz.de/10012922038
What determines the kinds of questions economists ask and the answers they find convincing? More generally, why are the institutions that constitute scholarly economics the way they are? I answer both of these questions by positing that within the modern economics profession, it is plausible...
Persistent link: https://www.econbiz.de/10012934573
In this introduction sketch the architecture of Mises' economics and political economy. Mises' overarching program is one of examining exchange (economic science) and the institutions within which exchange takes place (political economy). In recent years the economics profession has moved...
Persistent link: https://www.econbiz.de/10013020944
This paper reviews our combined experiences teaching a graduate-level course in development economics. Our goal is to provide an overview of the course with an emphasis on the connection with Austrian themes. Due to the natural trajectory of the field of development economics, a course in this...
Persistent link: https://www.econbiz.de/10013118145
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This paper introduces the idea of robust political economy. In the context of political economic systems, robustness refers to a political economic arrangement's ability to produce social welfare-enhancing outcomes in the face of deviations from ideal assumptions about individuals' motivations...
Persistent link: https://www.econbiz.de/10014060046