Since the works by Ludwig von Mises and F.A. von Hayek in the
1920s, the Austrian School of Economics has developed a unique
analysis of how the interventions by governments may cause
problems, which in turn may lead to calls for further intervention.
The Austrian concept of how such a dynamic of interventionism may
evolve has however never been very influential outside the Austrian
School nor been widely applied for empirical studies. This volume
seeks to bring together economists and political scientists with
perspectives from both Austrian and public choice analysis so as to
further enrich and apply the Mises-Hayek logic, as well as
critically assess its value.
General
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