Economic Theory & Philosophy

This volume brings together related essays on the evolution of monetary standards particularly on the need for international standards and the dangers of monetary nationalism...

Idea for those studying advanced macroeconomic and written by a widely published author, this book outlines a new and more fruitful way of understanding, analyzing and formally modelling economic growth...

In Hahn on Methodology we provide the first book-length study of Hahn’s overall position on methodology, including his strident critique of certain methodological positions and his positive methodological prescriptions and their rationale. ...

Offering the comprehensive articulation of behavioral economics theory, this book includes coverage of critical areas such as the Economic Agent, Context and Modeling, Decision Making, Experiments and Implications, Labor Issues, Household and Family Issues, Life and Death, Taxation, Ethical Investme..

Despite decades of empirical happiness research, there is still little evidence for the positive effect of economic growth on life satisfaction. This poses a major challenge to welfare economic theory and to normative conceptions of socio-economic development. This book endeavours to explain these f..

Despite decades of empirical happiness research, there is still little evidence for the positive effect of economic growth on life satisfaction. This poses a major challenge to welfare economic theory and to normative conceptions of socio-economic development. This book endeavours to explain these f..

Despite decades of empirical happiness research, there is still little evidence for the positive effect of economic growth on life satisfaction. This poses a major challenge to welfare economic theory and to normative conceptions of socio-economic development. This book endeavours to explain these f..

This book argues that Hayek and Popper differed in fundamental ways about rationality, economism, and democracy—and that these differences, and the different ways in which Hayek and Popper argued for them, lie at the heart of political thought and still have significant consequences for our own poli..

This book traces the life's work of a man now widely regarded as one of the greatest economists, political philosophers and social theorists of the century. The result is the most alive and accessible introduction to Hayek to date...

This latest addition to the Collected Works of F. A. Hayek series showcases the fascinating intersections between two of the most prominent thinkers from two successive centuries. Hayek situates Mill within the complex social and intellectual milieu of nineteenth-century Europe—as well as within twe..

In a society in which no central agency coordinates human activity, why is there not chaos?Hayek's notion of 'spontaneous order' goes some way towards providing an answer...

Hayek thought that all economic behavior (and by implication other human behavior) is based on fallible interpretations of what information is important and of its implications for the future. This epistemological idea animated not only his heterodox economic thought, but his ideal of the rule of la..