Friday , December 15 2017
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Some Links that May Be of Interest

Summary:
There are two programs this summer that those interested in the intellectual history of political economy ought to seriously consider applying for: (1) The Center for the History of Political Economy Summer Institute run by Bruce Caldwell, and (2) the Hoover Library and Archives Workshop on Political Economy. Tyler Cowen has recently posted a video on the Austrian Theory of the Business Cycle, the presentation is straightforward and covers the basics (though not the subtleties), and the criticisms are worthy of a thorough response or concessions by proponents of the theory.  Though I have to admit that I find it strange to think of any theory of economic phenomena that isn't grounded in price theory as fundamental, and the Austrian Theory as Cowen correctly points out is a price

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There are two programs this summer that those interested in the intellectual history of political economy ought to seriously consider applying for: (1) The Center for the History of Political Economy Summer Institute run by Bruce Caldwell, and (2) the Hoover Library and Archives Workshop on Political Economy.

Tyler Cowen has recently posted a video on the Austrian Theory of the Business Cycle, the presentation is straightforward and covers the basics (though not the subtleties), and the criticisms are worthy of a thorough response or concessions by proponents of the theory.  Though I have to admit that I find it strange to think of any theory of economic phenomena that isn't grounded in price theory as fundamental, and the Austrian Theory as Cowen correctly points out is a price theoretic explanation.

And, along those lines, Deirdre McCloskey recently attended a conference in honor of Steven Cheung, and she was asked to provide some further elaboration on Cheung's contributions to economics and the implications.  I also found this essay by McCloskey on getting over naive scientism and its relationship to the work of Fogel and North to be very interesting.

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.

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