The method appropriate to the historical and conceptual investigation of Hayek’s ideas is implicit in his own writings on the methodology of disciplines that study complex phenomena. The phenomena of Hayek’s career are complex phenomena requiring a method appropriate to this complexity.

In the P-star model the price level is determined by the money stock per unit of potential output and the long-run equilibrium level of the velocity of money. This article applies this model to Austria. Problems in identifying permanent shocks to potential output and/or velocity lead to the...

There is a large body of research in economics and law suggesting that the legal origins of a country—that is, whether its legal regime is based on English common law or French, German, or Nordic civil law—profoundly impacts a range of outcomes. However, the exact relationship between legal...

The study of culture on economic development provides great potential for us to better understand why some economies grow faster. However, realizing this potential is challenging due to the difficulty of collecting cultural data and the unreliable nature of using such data. I propose to use...