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Annual Review of Economics

Volume 15, 2023

New Thinking in Austrian Economics

Abstract

This review discusses the unique features of Austrian economics and some of the recent contributions of this school of thought. We organize these contributions in different research “buckets” in the hope that this will be a useful guide to readers while demonstrating the ongoing relevance of the contemporary Austrian school of economics for advancing scientific discourse. The research buckets discussed include robust political economy, macroeconomics, monetary economics, entrepreneurship and the market process, development economics, behavioral economics, governance, social economy, collective action challenges related to natural disaster recovery and infectious disease, and war and defense.

Keyword(s): Austrian economics, behavioral economics, development economics, entrepreneurship, governance, infectious disease, JEL B53, JEL D40, JEL D70, JEL D80, JEL E14, JEL H70, JEL K00, JEL O10, JEL P00, JEL Z10, natural disasters, robust political economy, social economy, war
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2023-09-13
2024-04-19
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