TY  - CHAP
AB  - Abstract In his article on “What Is Still Wrong with Austrian economics?,” Peter Boettke considers matters of strategy for the Austrian school and stresses the importance of institutions and institutional analysis. This comment takes up both themes. Two possible strategies for institutional research are considered. Then the place and role of institutions in Austrian analysis are addressed. It is argued that Austrian thinking has been caught in a dilemma between making theory as general as possible, or of taking on board the historically specific character of key institutions in market economies. The different approaches of Ludwig Mises and Carl Menger to this quandary are compared, with attention to the central concepts of property and capital.
VL  - 24
SN  - 978-1-78973-935-0, 978-1-78973-936-7/1529-2134
DO  - 10.1108/S1529-213420190000024010
UR  - https://doi.org/10.1108/S1529-213420190000024010
AU  - Hodgson Geoffrey M.
ED  - Daniel J. D'Amico
ED  - Adam G. Martin
PY  - 2019
Y1  - 2019/01/01
TI  - Austrian Economics is Still Not Institutional Enough
T2  - Assessing Austrian Economics
T3  - Advances in Austrian Economics
PB  - Emerald Publishing Limited
SP  - 101
EP  - 110
Y2  - 2024/04/18
ER  -