New Thinking in Austrian Economics

Peter J. Boettke () and Christopher J. Coyne ()
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Peter J. Boettke: Department of Economics, George Mason University, Fairfax, Virginia, USA
Christopher J. Coyne: Department of Economics, George Mason University, Fairfax, Virginia, USA

Annual Review of Economics, 2023, vol. 15, issue 1, 329-347

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.

Keywords: Austrian economics; behavioral economics; development economics; entrepreneurship; governance; infectious disease; natural disasters; robust political economy; social economy; war (search for similar items in EconPapers)
JEL-codes: B53 D40 D70 D80 E14 H70 K00 O10 P00 Z10 (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1146/annurev-economics-082322-021346

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