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The Spatial Market Process

My chum David Emanuel Andersson has just had this edited collection published. Here is an excerpt from his intro: In what is perhaps the best-known article in the history of the Austrian school, Friedrich Hayek (1945) asserts that market prices distill and thus reflect the unique local knowledge of a multitude of individuals, each of whom…

Studies in Emergent Order

I want to bring your attention to the first issue of the on-line journal Studies in Emergent Order (papers are freely available). I was privileged to attend the recent conference associated with the Journal. A more eclectic and interesting group one couldn’t hope to find. To listen to and chat with Gus diZerega, David Emanuel…