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The author Peter Boettke
Peter Boettke

Peter Joseph Boettke (January 3, 1960) is an American economist of the Austrian School. He is currently a University Professor of Economics and Philosophy at George Mason University; the BB&T Professor for the Study of Capitalism, Vice President for Research, and Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at GMU.

Coordination Problem

WTF?! An Economic Tour of the Weird

The tour starts today! Listen to what a few of the first tour-goers had to say: "This book has a surprise—not to mention a puckish joke—on every page. It's strange, it's fascinating, and it's one of the most original books I've ever read." Tim Harford, author of The Undercover Economist "The most interesting book I have read in years! Peter Leeson displays his unique talent: unearthing mankind's seemingly craziest behaviors, and then showing that these...

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Hayek Speaker Series Fall 2017 — Deirdre McCloskey

Please join the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University for a keynote lecture on Wednesday October 25th at the Center for the Arts with Professor Deirdre Nansen McCloskey on the history and future of liberalism. A distinguished economist, historian, and rhetorician, McCloskey has written a score of books and over four hundred scholarly pieces on topics ranging from technical economics and...

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Happy Birthday Professor McCloskey

Today is the birthday of one of the clearest and most humane voices for sound economics, liberal political economy and a champion of civil and respectful discourse on the most vexing issues social cooperation among beautifully diverse and dispersed individuals.  Her vision is of a society of free and responsible individuals who live in caring communities and can prosper in a vibrant and dynamic market economy.  It is an inspiring vision, not trying to capture past glory for a dead...

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Why Did Hayek Have to Shock His Scientific Peers Out of Their Complacency?

Hayek, in the context of describing how the prices continually adapts and guide adjustments by the participants to changing circumstances without any central direction, uses the term "marvel" to depict the functioning of the price system (87).*  In fact, he says he chose the word deliberately to "shock the reader" out of their complacency.  Remember, this article was written for the American Economic Review, and his readers were his professional scientific peers.  He was not trying...

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