This volume considers what the future might hold for the Austrian tradition of economics. This includes the areas that seem most promising for new research. Instead of criticizing other positions from the standpoint of Austrian analysis, the book turns a critical eye on the Austrian program...

This thought-provoking book discusses the concept of progress in economics and investigates whether any advance has been made in its different spheres of research. The authors look back at the history, successes and failures of their respective fields and thoroughly examine the notion of...