Although Adam Smith’s 1776 Wealth of Nations is often cited as marking the birth of economics, it was really not until after the second world war that economics became the distinctive, more or less unified, and largely separate discipline summarised in the textbooks of today. Even a mere...

Legal scholars and economists alike have been quite critical of F. A. Hayek’s legal theory. According to Richard Posner, Hayek’s legal theory is “formalist” and serves as a useless guide for legal scholars and judges. Alan Ebenstein claims that Hayek’s arguments in technical economics...

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...

This paper provides an overview of some of the key, and neglected, themes in Kenneth Boulding’s scholarship. We discuss three of his books—The Image, Stable Peace, and Three Faces of Power. These books reflect Boulding’s emphasis on individual agency, subjectivism, the nature of knowledge,...