Austrian economics: recent work

Mario J. Rizzo
From The New Palgrave Dictionary of Economics, Online Edition, 2009
Edited by Steven N. Durlauf and Lawrence E. Blume
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Abstract

This article reviews research in Austrian economics over the last 25 years, relating it to (but not discussing in detail) earlier classic work in the Austrian tradition. Core issues are business cycle theory, entrepreneurship, market processes and economic institutions, the communication of knowledge in markets, spontaneous order, and issues related to law and economics.
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How to cite this article

Rizzo, Mario J. "Austrian economics: recent work." The New Palgrave Dictionary of Economics. Online Edition. Eds. Steven N. Durlauf and Lawrence E. Blume. Palgrave Macmillan, 2009. The New Palgrave Dictionary of Economics Online. Palgrave Macmillan. 29 August 2014 <http://www.dictionaryofeconomics.com/article?id=pde2009_A000258> doi:10.1057/9780230226203.1915

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