Economy, Polity, and Society

The foundations of political economy — from Adam Smith to the Austrian school of economics, to contemporary research in public choice and institutional analysis — are sturdy and well established, but far from calcified. On the contrary, the boundaries of the research built on this foundation are ever-expanding. One approach to political economy that has gained considerable traction in recent years combines the insights and methods of three distinct but related subfields within economics and political science: the Austrian, Virginia and Bloomington schools of political economy. The vision of this book series is to capitalize on the intellectual gains from the interactions between these approaches in order to both feed the growing interest in this approach and advance social scientists’ understanding of economy, polity, and society.

This series seeks to publish works that combine the Austrian school’s insights on knowledge, the Virginia school’s insights into incentives in non-market contexts, and the Bloomington school’s multiple methods, real-world approach to institutional design as a powerful tool for understanding social behavior in a diversity of contexts. The value of the combined approach is not just that all three traditions are valuable on their own and as such all contribute something of worth.

Books in the Series

APPLICATIONS OF PUBLIC CHOICE THEORY TO PUBLIC POLICY
Edited by Brian Meehan, Jayme Lemke, and Paul Dragos Aligica (2025)

SOCIAL COORDINATION AND PUBLIC POLICY: EXPLORATIONS IN THEORY AND PRACTICE
Edited by Bobbi Herzberg, Gavin Roberts, and Brianne Wolf (2025)

POLITICAL PROCESS: NEW PERSPECTIVES ON THE VIRGINIA AND BLOOMINGTON SCHOOLS
Edited by Donald J. Boudreaux, Christopher J. Coyne, and Brian Kogelmann (2025)

MARKET PROCESS AND MARKET ORDER: FROM HUMAN ACTION, BUT NOT OF HUMAN DESIGN
Edited by Rosolino A. Candela, Kristen Collins, and Christopher J. Coyne (2024)

TOWARD A HAYEKIAN THEORY OF SOCIAL CHANGE
Edited by Peter J. Boettke, Erwin Dekker, and Chad Van Schoelandt (2023)

KNOWLEDGE AND ENTREPRENEURSHIP IN PUBLIC POLICY
Edited by Christopher J. Coyne, Abigail R. Hall, and Eileen Norcross (2023)

NUDGING PUBLIC POLICY: EXAMINING THE BENEFITS AND LIMITATIONS OF PATERNALISTIC PUBLIC POLICIES
Edited by Rosemarie Fike, Stefanie Haeffele, and Arielle John (2023)

CULTURE, SOCIALITY, AND MORALITY: NEW APPLICATIONS OF MAINLINE POLITICAL ECONOMY
Edited by Paul Dragos Aligica, Ginny Seung Choi, and Virgil Henry Storr (2023)

INTERDISCIPLINARY STUDIES OF THE POLITICAL ORDER: NEW APPLICATIONS OF PUBLIC CHOICE THEORY
Edited by Donald J. Boudreaux, Christopher J. Coyne, and Bobbi Herzberg (2023)

INSTITUTIONS AND INCENTIVES IN PUBLIC POLICY: AN ANALYTICAL ASSESSMENT OF NON-MARKET DECISION-MAKING
Edited by Rosolino A. Candela, Rosemarie Fike, and Bobbi Herzberg  (2022)

INFORMING PUBLIC POLICY: ANALYZING CONTEMPORARY US AND INTERNATIONAL POLICY ISSUES THROUGH THE LENS OF MARKET PROCESS ECONOMICS
Edited by Stefanie Haeffele, Abigail R. Hall, and Adam Millsap (2021)

EXPLORING THE POLITICAL ECONOMY AND SOCIAL PHILOSOPHY OF VINCENT AND ELINOR OSTROM
Edited by Peter J. Boettke, Bobbi Herzberg, and Brian Kogelmann (2020)

COMMERCIAL SOCIETY: A PRIMER ON ETHICS AND ECONOMICS
Edited by Cathleen Johnson, Robert Lusch, and David Schmidtz (2019)

THE NEED FOR HUMILITY IN POLICYMAKING: LESSONS FROM REGULATORY POLICY
Edited by Stefanie Haeffele and Anne Hobson (2019)

EXPLORING THE POLITICAL ECONOMY AND SOCIAL PHILOSOPHY OF F.A. HAYEK
Edited by Peter J. Boettke, Jayme Lemke, and Virgil Henry Storr (2018)

KNOWLEDGE AND INCENTIVES IN POLICY: USING PUBLIC CHOICE AND MARKET PROCESS THEORY TO ANALYZE PUBLIC POLICY ISSUES
Edited by Stefanie Haeffele (2018)

EXPLORING THE POLITICAL ECONOMY AND SOCIAL PHILOSOPHY OF JAMES M. BUCHANAN
Edited by Paul Dragos Aligica, Christopher J. Coyne, and Stefanie Haeffele (2018)

INTERDISCIPLINARY STUDIES OF THE MARKET ORDER: NEW APPLICATIONS OF MARKET PROCESS THEORY
Edited by Peter J. Boettke, Christopher J. Coyne, and Virgil Henry Storr (2017)