Austrian Economics

‘This volume sets out to present “the essential ideas of the Austrian school of economics”. However, its author, a foremost contemporary Austrian economist in his own right, has placed his own stamp on each of the themes he has covered. ...

Economics is full of puzzles and paradoxes that often frustrate and challenge everyone, including economists. This engaging book includes fifty puzzles and focuses on three types of paradox. First, everyday observations that appear to be...

‘Edward Elgar are to be commended for making Niskanen’s important and highly topical contributions more readily available to a new generation of scholars and enabling some less well-stocked libraries to fill an important gap in their col...

Defences for regimes of private property ownership are normally grounded on economic efficiency arguments. In Property as a Guarantor of Liberty a different approach is taken, one that grounds the defence of private property ownership o...

This is a succinct but comprehensive account of the research programme in rent-seeking launched in 1967 by Gordon Tullock’s argument that the availability of monopoly rents through government encourages self-seeking individuals to waste ...

In this far-reaching and insightful monograph, Richard Wagner exposes the failure of the United States constitution to overcome the tyranny of the majority so feared by the Founding Fathers.