Society for the Development of Austrian Economics

Welcome to the Society for the Development of Austrian Economics

Hayek Mises

Formed in 1996, the SDAE has over 100 members in a number of countries world-wide. Our goal is to advance the ideas of Menger, Mises, and Hayek and other economists of the Austrian school through both internal development and interaction with the ideas of other related approaches to economics. We sponsor numerous panels and hold an annual meeting and dinner as part of the Southern Economic Association meetings, in addition to providing members with a discount on The Review of Austrian Economics. We also co-sponsor the annual Smith-FEE Prizes in Austrian Economics for the best book and best article on Austrian economics.  More information can be found below. 


Membership forms and renewals for 2008 click here

The latest SDAE news and information

March 4, 2008

What's New on the Website?

SDAE Call for Papers: 2008 Meetings

 Washington DC, November 20-23, 2008 (Thurs-Sun)

Members interested in presenting papers, serving as chairs/discussants, or proposing entire panels should submit proposals by April 1st. Please note that this submission date is one month earlier than last year. The SEA has given us 12 sessions, so there are many opportunities for participation.  With all submissions, please include the following information for each participant, including non-attending co-authors:

Name
Affiliation
Street address
Phone
Fax
Email address

If you are proposing a paper for presentation, please also indicate your willingness to serve as a chair or discussant. If you are proposing an entire panel, please have all the contact information for all the participants when you send the materials. If you wish only to serve as a chair or discussant, please indicate so in your submission.

SDAE members who are current in their annual membership dues are given priority for SDAE panels. If you wish to renew your membership, you can do so on line at: http://it.stlawu.edu/sdae/apply.htm

Please send your submissions to Emily Chamlee-Wright, SDAE President-elect at:

Emily Chamlee-Wright
Department of Economics
Beloit College
700 College St.
Beloit, WI 53511

Or email to:
chamlee@beloit.edu

2008 Austrian Scholars Conference

Information on the 2008 Austrian Scholars Conference at the Mises Institute on March 13-15 can be found here. The preliminary schedule is here. For more information, contact Joe Salerno.

Call for Papers: "Orders and Borders"

The Fund for the Study of Spontaneous Orders at the Atlas Economic Research Foundation is seeking papers exploring the theme

“ORDERS AND BORDERS"

for its Second Conference on Emergent Order and Society

Selected papers will be presented at a conference to be held in Portsmouth, NH, November 1-4, 2008. After author revisions/responses, the papers will be published in our new, open source online journal, Studies in Emergent Order.  The site is presently under construction.

We urge all scholars interested in exploring how emergent order analysis can contribute to our understanding of the social world to consider submitting a proposal. The complete Call for Papers can be found here.

Workshops and Conferences on Austrian Economics

NYU Colloquium on Market Institutions and Economic Processes (PDF) Spring 2008 - contact:  Mario Rizzo

George Mason University Workshop in Philosophy, Politics, and Economics Spring 2008 - contact: Peter Boettke

Austrian Sessions at the Easterns

"Response Mechanisms and Social Order"
 
Organized by: Doug MacKenzie, SUNY Plattsburgh
Session chair: Richard Gottschall, SUNY Plattsburgh
 
Papers
Ilya Somin George Mason University- School of Law: “The Limits of Backlash: Assessing the Political Response to Kelo”
Virgil Storr, The Mercatus Center: “Can perverse emergent orders persist?
Doug MacKenzie, SUNY Plattsburgh: “Knowledge and Incentive issues in Spontaneous Orders”

Discussants: Doug MacKenzie, Virgil Storr, Ilya Somin

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"The Development of Austrian Economics "
 
Organized by: Doug MacKenzie, SUNY Plattsburgh
 Session chair: Rich Gottschall, SUNY Plattsburgh

Papers
Anthony John Evans, Assistant Professor of Economics ESCP-EAP European School of Management: “Austrian Economics Behind the Iron Curtian: the Rebirth of an Intellectual Tradition”
Sam Bostaph UT Dallas: “Menger, Wieser and Boehm-Bawerk on Value Theory”
 Gene Callahan, The London School of Economics: “The Challenge of Akrasia for the Theory of Rational Choice”
 
Discussants: Doug MacKenzie, Gene Callahan
  

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"Issues in Competition and Organization"
 
Organized by: Doug MacKenzie, SUNY Plattsburgh
Session chair: Gene Callahan, London School of Economics

Papers
 
Ilya Somin, George Mason University: “Voting with your Feet versus the Ballot Box”
Rich Gotschall, SUNY Plattsburgh: “The Cadence of Economizing and Strategizing: Dynamic Strategy Under Austrian Economic Assumptions”
Doug MacKenzie, SUNY Plattsburgh: “Entrepreneurial Plans and Social Organization”
 
Discussants: Doug MacKenzie, Ilya Somin

The 2008 Eastern Economic Association conference will be held March 7th through 9th at the Boston Park Plaza Hotel located at 64 Arlington Street in Boston. Sessions begin at 9:00am on Friday morning (March 7). There are four sessions on Friday and Saturday (9:00am, 11:00am, 2:00pm, and 4:00pm). The conference ends on Sunday, March 9 at 12:30pm.

Please be sure to make your hotel reservations by January 29, 2008; after that date the hotel will release the block of rooms we have reserved and rooms will either not be available or will not be available at the conference rate of $175 single or double (all prices are subject to the appropriate state, local and occupancy taxes in effect at the time of the conference). Please note that room availability is limited so book early! To make a reservation please call the hotel directly at 800 225 2008 or 617 426 2000.

SDAE Annual Meeting Report

The Society's annual dinner meeting was a rousing success, with 61 people in attendance, including a good number of graduate students, and an excellent after-dinner talk by outgoing president Randy Holcombe on entrepreneurship, equilibrium, and economic progress. We again thank Rob Bradley from the Institute for Energy Research and Adrian Moore from Reason Foundation for their continued financial support of the Society and our dinner.

Three significant bits of news from the business meeting are:

1. The Society has been given a $7500 grant from the Koch Foundation to support several projects. We hope to establish non-profit status over the next year and we also hope to use the funds to invite a prominent economist to be part of our sessions at the 2008 meetings. The bulk of the funds will be used to upgrade the website and to maintain it on a more regular basis. Further details on all of these projects will be forthcoming.

2. We hope to better coordinate among the Review of Austrian Economics, the Society and the Austrian Economists blog as complementary sources of information on Austrian economics, and with respect to new articles in the RAE especially. Watch for more links across the three.

3. We are thrilled to announce that our President-elect for 2008 will be Emily Chamlee-Wright from Beloit College. Emily has been on the Executive Committee and involved with the Society and Austrian economics for many years. Next year's meetings are in Washington, DC and Emily will be the session organizer. We'll have a call for papers out sometime after the first of the year. A ballot for the open EC position will be out shortly. Chris Coyne will also be continuing as Vice-president.

The winners of the Smith, FEE, and Lavoie prizes are below.

Smith and FEE Prize Winners for 2007

Smith Center Prize for Best Book

Ted Burczak, Denison University
Socialism After Hayek
University of Michigan Press 2006

Socialism After Hayek reignites the socialist calculation debate by offering perhaps the first attempt to articulate a form of socialism that gives significant scope to market processes and that understands correctly and seriously engages Hayek’s work on socialist calculation and the contributions of more recent Austrian economists.  The first three chapters offers a very sympathetic reading of Hayek and Austrian economics as a legitimate methodological and theoretical alternative to the neoclassical mainstream.  In later chapters, he works from inside Hayek’s system to offer criticisms of his work on the evolution of law and its relationship to the market that open up space for a form of socialism that does not undermine the fundamental role of the market as a discovery and coordination process for dispersed and tacit knowledge.  Specifically,  Burczak argues that workers’ self-management could and should replace the capitalist wage contract and that a large one-time grant from government would enable a wider range of people to participate meaningfully in the market process.  Firms and consumers would still coordinate through market processes, however markets would be bounded by these two major changes.  For its creative and deeply scholarly approach to Hayek and Austrian economics as well as offering the most significant response to the Austrian critique of socialism in at least a generation, Ted Burczak’s Socialism after Hayek is awarded the 2007 Smith Center Prize for Best Book in Austrian Economics.

Foundation for Economic Education Prize for Best Article

Benjamin Powell, Suffolk University
“State Development Planning: Did it Create an East Asian Miracle?”
The Review of Austrian Economics, 2005 18 (3/4): 305-323.

In “State Development Planning: Did it Create an East Asian Miracle?” Ben Powell explores the reason for the large increases in per capita GDP in East Asian countries.  A standard explanation for this “East Asian Miracle” attributes economic growth to state-led industrial planning.  Powell critically analyzes the link between state-led development planning and East Asia’s growth.  Building on the work of Ludwig von Mises, F.A. Hayek and Don Lavoie, Powell argues that the state cannot possess the knowledge necessary to engage in economic calculation to determine which industries to promote.  Extending this logic to East Asia, Powell finds that absent the ability to calculate which industries would promote growth, governments instead promoted industrialization.  Powell also provides an alternative explanation for the growth of East Asian countries.  By looking at economic freedom indices, he concludes that East Asian countries were some of the most economically free in the world.  Powell attributes economic growth in East Asia not to state planning, but instead to entrepreneurship and the positive-sum exchanges and interactions that took place in an environment of economic freedom. For extending and applying the insights of Mises, Hayek and Lavoie to contemporary economic issues, the prize committee determined that “State Development Planning: Did it Create an East Asian Miracle?” is deserving of the FEE Prize for the Best Article in Austrian Economics.

2007 Don Lavoie Memorial Essay Competition Winners

The Society for the Development of Austrian Economics is pleased to announce the winners of the Don Lavoie Memorial Graduate Student Essay Competition. Three prizes are given, each worth $1000, to be used to pay expenses to attend the Southern Economic Association meetings this November in New Orleans, where the winners will present their work on a special panel at 10:00am, Monday, November 19, 2007. Prize awards are contingent on attending the SEA meetings and the SDAE’s annual business meeting and awards banquet.

This year's winners are:

Daniel D’Amico
George Mason University

"The Use of Knowledge in the Criminal Justice System"

Claudia Williamson
West Virginia University
"Securing Private Property: The Relative Importance of Formal versus Informal Institutions"

This year's prize committee consisted of:

Peter Boettke, George Mason University
Steven Horwitz, St. Lawrence University
David Prychitko, Northern Michigan University
Emily Chamlee-Wright, Beloit College
Virgil Storr, Director of Graduate Student Programs, Mercatus Center at George Mason University

Review of Austrian Economics

RAE subscribers can get back issues at the Springer homepage. Some full text back issues can be found at the GMU RAE site here. However, using the Springer site increases the journal's impact measure, so please try there first.  If you are interested in reviewing a book for the RAE, please contact book review editor Steve Horwitz.

People, Places, and Information

The Review of Austrian Economics Job Openings for Austrians
Members' Home Pages and Other Links Routledge "Foundations of the Market Economy" book series
The Smith Prizes in Austrian Economics SDAE Statement of Purpose
Email SDAE SDAE Officers
Credits
Unless otherwise indicated, all pages on this site are copyright 2008, Society for the Development of Austrian Economics.