Peter J. Boettke, Distinguished University Professor of Economics and Philosophy, and Christopher J. Coyne, Professor of Economics, have published a scientific literature review, New Thinking in Austrian Economics, in Annual Review of Economics, one of the most prestigious and influential journals in the field.
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.
** This review has been published Open Access for broad distribution and may be downloaded from the site.**
Citation: Annu. Rev. Econ. 2023. 15:329–47
From Annual Review of Economics: AIMS AND SCOPE OF JOURNAL: The Annual Review of Economics covers significant developments in the field of economics, including macroeconomics and money; microeconomics, including economic psychology; international economics; public finance; health economics; education; economic growth and technological change; economic development; social economics, including culture, institutions, social interaction, and networks; game theory, political economy, and social choice; and more.
September 19, 2023