Interdisciplinary Studies of the Market Order: New Applications of Market Process Theory

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Published by Bloomsbury Publishing in Economy, Polity, and Society

Market process theory is crucial to our knowledge and expectations of actors working toward economic coordination and cooperation. In the wake of the 2008 financial crisis, there has been a renewed interested in using new applications of market process theory to better understand the global political economy. 

This volume brings together original research from the Austrian, Virginia, and Bloomington schools of political economy to analyse central elements of market process and market order. These include economic calculation, entrepreneurship, institutions and learning. Edited by three of the leading scholars in this field, the collection offers a multitude of new interdisciplinary understandings by engaging with scholars working in anthropology, economics, entrepreneurship, history, political science, public policy, and sociology.

Contents

Introduction: New Approaches to Market Process: Interdisciplinary Studies of the Market Order
Peter Boettke, Christopher Coyne, and Virgil Storr

Chapter 1: Plato's Economic Genius
Nathan Sawarzky

Chapter 2: Beyond the Efficiency of the Market: Adam Smith on Sympathy and the Poor Law
Brianne Wolf

Chapter 3: Why be robust? The contribution of market process theory to the Robust Political Economy research program
Nick Cowen

Chapter 4: Hayek's Legacy for Environmental Political Economy
Dan C. Shahar

Chapter 5: The Origins of Entrepreneurship and the Market Process: An Archaeological Assessment of Competitive Feasting, Trade, and Social Cooperation
Crystal A. Dozier

Chapter 6: The Political Economy: The Invocation of Liberal Economics by the Catholic Press in the French Right-to-Work Debates of 1848
Nicholas O'Neill

Chapter 7: How the West was Watered: Private Property and Collective Action
Bryan Leonard

Chapter 8: Adam Smith's Principles of Taxation in the Early American Republic
Frank Garmon Jr.

Chapter 9: Narrating the Market Process: How Stories Can Promote the Economic Way of Thinking
Jason Douglas 

Chapter 10: The Market Process in Health Care
Jerrod Anderson 

Chapter 11: This Is Your Entrepreneurial Alertness on Drugs: Prohibition and the Market Process
Audrey Redford