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From Vienna to Virginia: Exchange, rules, and social cooperation an introduction to the symposium

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  • Geoffrey Lea
  • Adam Martin

Abstract

Serving as an introduction to the essays in this volume, we put forward an intellectual hardcore for a shared research agenda between Austrian and Virginia political economy. This research agenda rests on three pillars: exchange, rules, and social cooperation. Each of these pillars forms the distinctive flavor of Austrian and Virginian political economy with respect to theoretical approach, types and applications of empirics, and even to normative questions. Our essay explores the meaning of these pillars with respect to the broader study of political economy, as well as the intellectual superstructure of each respective school. Copyright Springer Science+Business Media New York 2014

Suggested Citation

  • Geoffrey Lea & Adam Martin, 2014. "From Vienna to Virginia: Exchange, rules, and social cooperation an introduction to the symposium," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 27(1), pages 1-9, March.
    • Handle: RePEc:kap:revaec:v:27:y:2014:i:1:p:1-9
    DOI: 10.1007/s11138-013-0240-x
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    References listed on IDEAS

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    1. Meir Kohn, 2004. "Value and Exchange," Cato Journal, Cato Journal, Cato Institute, vol. 24(3), pages 303-339, Fall.
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    3. Brennan,Geoffrey & Buchanan,James M., 2006. "The Power to Tax," Cambridge Books, Cambridge University Press, number 9780521027922.
    4. Richard Wagner, 2007. "Value and exchange: Two windows for economic theorizing," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 20(2), pages 97-103, September.
    5. Buchanan, James M, 1987. "The Constitution of Economic Policy," American Economic Review, American Economic Association, vol. 77(3), pages 243-250, June.
    6. James M. Buchanan, 1954. "Social Choice, Democracy, and Free Markets," Journal of Political Economy, University of Chicago Press, vol. 62(2), pages 114-114.
    7. Buchanan,James M. & Congleton,Roger D., 2006. "Politics by Principle, Not Interest," Cambridge Books, Cambridge University Press, number 9780521031325.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Exchange; Social cooperation; Virginia school; Constitutional political economy; B25; B41; B53; P16;
    All these keywords.

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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