"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 relationship between the Austrian tradition and Bloomington institutionalism has been part of a larger intellectual evolution of a family of schools of thought that coevolved in multiple streams over the last 100 years or so. The Bloomington scholars, once they delineated the broader...

Donald Lavoie is best known outside of Austrian economics for his work on the “socialist calculation debate.” In his Rivalry and Central Planning (1985), published by Cambridge University Press, he argued that the traditional account of the debate over the possibility of rational economic...

Introduction / Paul Dragos Aligica, Christopher J. Coyne, Stefanie Haeffele -- Explorations and extensions -- Rawls, Buchanan, and the search for a better social contract / Brian Kogelmann -- Horses & carts and justice & rules : getting the order right / Benjamin Johnson -- The problem of...