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About Doing the Right Thing as an Academic Economist  

Erwin Dekker and Arjo Klamer

Print publication date:
Apr 2016
Online publication date:
Sep 2014
This chapter argues that the art of phronesis is central to doing the right thing as an economist. Phronesis, or practical wisdom, is what we practice when we deliberate, weigh values, ... More

Africa, the Next Intellectual Frontier  

Célestin Monga and Justin Yifu Lin

Print publication date:
Jul 2015
Online publication date:
Jan 2015
This introductory chapter presents the objectives of this volume and discusses the challenges of producing relevant knowledge. It starts with an exploration of the reasons why Africa has ... More

Anabaptist Approaches to Economics  

Jim Halteman

Print publication date:
Feb 2014
Online publication date:
Mar 2014
Anabaptists have moved from a position of separatism to a call for faithful interaction with the world even if ambiguities lead to some compromises. Anabaptists can improve the secular ... More

Anglicanism  

Kim Hawtrey

Print publication date:
Feb 2014
Online publication date:
Mar 2014
Earlier Anglican approaches to economics were influenced by its historical position as an established church with considerable political influence. This position has changed in the past ... More

Antipoverty Policy: The Role of Individualist and Structural Perspectives  

William A. Darity Jr., Mary Lopez, Olugbenga Ajilore, and Leslie Wallace

Print publication date:
Nov 2012
Online publication date:
Dec 2012
This article examines how views on why people are poor can influence the design of antipoverty policy. It argues that, broadly speaking, theories of why people are poor fall into two categories. ... More

Are Economists in Over Their Heads?  

Kevin S. O’Neil and Marta Tienda

Print publication date:
Nov 2012
Online publication date:
Dec 2012
Sociologists see economic decisions as being “embedded” in social relationships, just as psychologists see economic decisions as being embedded in a life of the mind. While the idea of social ... More

Austrian Business Cycle Theory: A Modern Appraisal  

Andrew Young

Print publication date:
Nov 2015
Online publication date:
Dec 2015
Austrian business cycle theory (ABCT) is a body of hypotheses embodying particularly Austrian insights and assumptions. The canonical variant associated with Ludwig von Mises and Friedrich ... More

Austrian Economics and the Evolutionary Paradigm  

Naomi Beck and Ulrich Witt

Print publication date:
Nov 2015
Online publication date:
Dec 2015
This chapter discusses the challenges raised by the inclusion of evolutionary elements in the theories of Carl Menger, Joseph Schumpeter, and Friedrich Hayek. Each adopted an idiosyncratic ... More

Austrian Methodology: A Review and Synthesis  

Adam Martin

Print publication date:
Nov 2015
Online publication date:
Dec 2015
This chapter offers a synthetic account of the key methodological ideas espoused by prominent Austrian economists. It focuses on the contributions of Carl Menger, Ludwig von Mises, ... More

The Austrian Theory of Finance: Is It a Unique Contribution to the Field?  

Gregory Dempster

Print publication date:
Nov 2015
Online publication date:
Dec 2015
Austrian school economists have long been interested in monetary and financial operations that characterize modern capitalism. With a few exceptions, this interest was confined, at least ... More

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