Author Description

The late 20th century has witnessed a resurgence of interest in the Austrian tradition in economics. However where once studies concentrated on the major theorists in the field, new directions are emerging. This edition takes up where Kirzner (Classics in Austrian Economics, Pickering & Chatto, 1995) and Littlechild (Austrian Economics, Edward Elgar, 1990) left off. The collected texts in this edition concern the post-1970s area of the Austrian tradition, from its revival to its contemporary directions and development. In particular, there is an increasing interest in the relationship of Austrian economics to the three fields of Institutionalism, Evolution, and Post-Keynesian economics. This edition comprises a collection of key and lesser-known texts in these areas to present a look at "the way forward" in Austrian economics.