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 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 2010 click here

Meet some of our members!

The latest SDAE news and information

March 9, 2010

What's New on the Website?

Call for Papers: SDAE Sessions at 2010 SEAs

Atlanta, GA November 20-22, 2010 (Sat-Mon)

Members interested in presenting papers, serving as chairs/discussants, or proposing entire panels should submit proposals by April 15.  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 here.

Please send your submissions to

Dick Wagner, SDAE President-elect at:

Richard E. Wagner
Department of Economics, 3G4
George Mason University
Fairfax, VA 22030

Alternatively and preferably, email them to :rwagner@gmu.edu 

2009 FEE Prizes in Austrian Economics Winners

The Society for the Development of Austrian Economics is please to announce the winners of the 2009 Foundation for Economic Education Prizes for best book and best article in Austrian economics.

2009 FEE Prize for best book in Austrian Economics

Richard Wagner, 2007, Fiscal Sociology and the Theory of Public Finance: An Exploratory Essay. Edward Elgar.

In Fiscal Sociology and the Theory of Public Finance, Richard Wagner offers a social-theoretical analysis of public finance.  Standard public finance models treat government as an external intervener in market systems.  Working in the tradition of Knut Wicksell, Wagner offers an alternative approach which treats government as a polycentric process of interaction.  The result of this treatment is that the theory of public finance is viewed as complementary to, instead of being at odds with, the theory of markets.  In developing his alternative approach to public finance, Wagner is careful to highlight how his approach can strengthen the existing literature in public finance.  The contributions of this book are several fold.  Wagner makes a contribution to public finance by emphasizing government as a polycentric order.  In doing so, he makes clear how notion of spontaneous order can be extended beyond markets and private interactions.  Further, Wagner challenges the standard view of many economists which treat theories of markets and government as distinct endeavors.   

2009 FEE Prize for best article in Austrian Economics

Virgil Storr, 2008, “The market as a social space: On the meaningful extraeconomic conversations that can occur in markets,”
Review of Austrian Economics
21(2/3): 135-150.  

In “The Market as a Social Space,” Virgil Storr explores the noneconomic sociality that occurs in markets.  Drawing on Richard Swedberg’s insight that the market is a “specific type of social structure” that it is not just an “abstract price-making mechanism, Storr develops a theory of how markets facilitate social activity and encourage noneconomic relationships.  The contribution of this paper is threefold.  First, he presents a more complete picture of real-world markets.  Second, by developing our understanding of markets as a social space, Storr provides a means for economists to engage in the ongoing debate taking place within sociology and anthropology.  This debate focuses on the relationship between economic activity and community, as well as the impact of economic interaction on social relationships.  Third, Storr extends Murray Rothbard’s insight that “in explaining the origins of society, there is no need to conjure up any mystic communion or ‘sense of belonging’ among individuals … In fact, it is far more likely that feelings of friendship and communion are the effects of a regime of (contractual) social cooperation rather than the cause.”

2009 Lavoie Graduate Student 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 San Antonio, TX, where the winners will present their work on a special panel at 10:00am, Saturday, November 21, 2009. Prize awards are contingent on attending the SEA meetings and the SDAE’s annual business meeting and awards banquet.

This year's winners are:

Chad Seagren
George Mason University
"Agent Based Modeling and Austrian Analysis of Accident Law"

 Arash Molavi Vasséi
University of Hohenheim
"Static Tools for Dynamic Analysis: Ludwig von Mises’s Business Cycle Theory"

David Skarbek
George Mason University
"Self-Governance in San Pedro Prison"

SDAE Listserv Information

The Society is happy to announce the creation of a scholarly listserv devoted to the Austrian school of economics. The "AustrianEcon" listserv is devoted to the ideas of the Austrian school of economics and related contributions to the understanding of human action and its consequences.  We aim for as broad a discussion as possible across any disciplines or schools of thought that relate to Austrian economics.  It must be emphasized that the listserv is not a forum for political discussion except to the degree that such issues have a direct connection to the scholarly contributions of the Austrian school both past and present.

Membership in the list is subject to the approval of the list manager.  Membership will be limited to those affiliated with universities, think-tanks, or other scholarly/intellectual organizations.  Exceptions for those not so affiliated will be granted on a case-by-case basis at the discretion of the list manager.  SDAE members are automatically eligible for membership. You can request to join the list by emailing the list manager Steve Horwitz at sghorwitz@stlawu.edu .

We strongly encourage members to use the list as a vehicle for the dissemination of their current scholarship.  In particular, discussion of working papers is a very valuable use of the listserv.  Any members wishing to make a paper available for discussion should contact the list manager and the paper will be posed at the SDAE website for list members to access.  Austrian analyses of current contributions to the mainstream economics literature are also strongly encouraged as is discussion of current work in related disciplines (e.g., evolutionary psychology, political science, history, etc.) or traditions in economics (e.g., constitutional political economy, public choice, or various heterodox schools etc.) of which members might be less aware.

AustrianEcon is a moderated listserv.  All messages require approval of the list manager.

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
AustrianEcon listserv papers archive SDAE Officers
Email SDAE Credits
Unless otherwise indicated, all pages on this site are copyright 2009, Society for the Development of Austrian Economics.