Big Economic Ideas


The conference examined contemporary relevant ideas of economics and explored the implications of those theoretical discussions for the ideal of liberty in society.


Conference Readings

Minsky, Hyman P., "The Financial Instability Hypothesis." Working Paper No. 74, May 1992, downloaded from the Levy Economics Institute Working Paper Collection at Paper prepared for the Handbook of Radical Political Economy, edited by Philip Arestis and Malcolm Sawyer (Edward Elgar: Aldershot, 1993).

Akerlof, George A. “The Market for ’Lemons’: Quality Uncertainty and the Market Mechanism.” The Quarterly Journal of Economics 84, no. 3 (August 1970): 488-500.

Boettke, Peter J. “Information and Knowledge: Austrian Economics in Search of its Uniqueness.” The Review of Austrian Economics 15, no. 4 (2002): 263-274.

Cochrane, John H. “How Did Paul Krugman Get It So Wrong?” Economic Affairs (2011): 36-40.

Fleming, J. Marcus. “Domestic financial policies under fixed and floating exchange rates.” Staff Papers (International Monetary Fund) 9, no. 3 (November 1962): 369-380.

Haberler, Gottfried. International Trade. Auburn: Mises Institute, 1935.

Hanson, Robert. “Information asymmetry: Secrets and agents.” The Economist (July 2016): 1-5.

Hanson, Robert. “Financial stability: Minsky’s moment.” The Economist (July 2016): 1-5.

Hanson, Robert. “Tariffs and wages: An inconvenient iota of truth.” The Economist (August 2016): 1-5.

Hanson, Robert. “Fiscal multipliers: Where does the buck stop?” The Economist (August 2016): 1-5.

Hanson, Robert. “Game theory: Prison breakthrough.” The Economist (August 2016): 1-5.

Hanson, Robert. “The Mundell-Fleming trilemma: Two out of three ain’t bad.” The Economist (August 2016): 1-5.

Hayek, F. A. “The Use of Knowledge in Society.” The American Economic Review 35, no. 4 (September 1945): 519-530.

Hayek, Friedrich A. Good Money, Part I: The New World (The Collected Works of F. A. Hayek). Edited by Stephen Kresge. Indianapolis: Liberty Fund, Inc., 1999.

Hazlitt, Henry. The Failure of the "New Economics": An Analysis of the Keynesian Fallacies. Auburn: Ludwig von Mises Institute, 2007.

Keynes, John Maynard. Essays in Persuasion. New York: Harcourt, Brace and Co., 1932.

Keynes, John Maynard. The General Theory of Employment, Interest, and Money. Amherst: Prometheus Books, 1997.

Mundell, Robert A. “Capital mobility and stabilization policy under fixed and flexible exchange rates.” Canadian Journal of Economic and Political Science 29, no. 4 (November 1963): 475-485.

Nash, John F., Jr. Essays on Game Theory. Cheltenham: Edward Elgar Publishing, 1996.

Prychitko, David L. “Competing explanations of the Minsky moment: The financial instability hypothesis in light of Austrian Theory.” Review of Austrian Economics 23 (2010): 199-221.

Ricardo, David. On the Principles of Political Economy and Taxation (Third Edition). London: John Murray, 1821.

Stolper, Wolfgang F. and Paul A. Samuelson. “Protection and Real Wages.” The Review of Economic Studies 9, no. 1 (November 1941): 58-73.