Market Process and Market Order: From Human Action, But Not of Human Design

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Published by Bloomsbury Publishing in Economy, Polity, and Society

This volume explores and engages with the key thinkers and ideas of the Austrian School of economics to better understand how individuals coordinate their separate interests in a peaceful and productive manner by unintentionally forming not only market prices but also rules, customs, cultural norms and other institutional arrangements that allow specialization and trade. Together, these dynamics generate a market order by ameliorating the potential for social conflict, and, in turn, facilitate the conditions for social cooperation and specialization under the division of labor. The diversity in topics and approaches will make the volume of interest to readers in a variety of fields, including anthropology, economics, entrepreneurship, history, philosophy, political science, and public policy.

Contents

Introduction
Rosolino A. Candela, Kristen R. Collins, and Christopher J. Coyne 

Chapter 1: Federalism-Preserving Markets
Andrey Yushkov 

Chapter 2: Keeping the Money Stream Stable: Hayek's Response to Wicksell and Its Implications for Monetary Policy Today
Casey Pender 

Chapter 3: Austrian Economics on Mushrooms: A Mycelial Approach to Understanding Market Processes in Disaster Recovery Planning in Vancouver, Canada
Jonathan Eaton 

Chapter 4: Sociocultural Markets: Matrifocal Families and Social Capital in the Caribbean Region and Diaspora
Kayleigh Thompson 

Chapter 5: Foreign (Aid) in a Domestic Sense: Public Health in an Unincorporated Territory
Brian Marein 

Chapter 6: Informal Institution Entrepreneurs and the Knowledge Problem
Shadwa Zah 

Chapter 7: From Raid to Trade in Medieval Dublin: Entrepreneurship and the Emergence of a Trade Diaspora
Craig Lyons  

Chapter 8: Hayekian Utopianism
Jeffrey Carroll  

Chapter 9: How It Can Pay to Be Moral: Markets and the Demand for Morality
Alexander Motchoulski  

Chapter 10: Critical Studies of International Development Education and Austrian Political Economy: Diverging Approaches and Converging Concerns
Mariam Sedighi