Economy, Polity, and Society
Series Edited by: Virgil H. Storr and Jayme S. Lemke
The foundations of political economy — from Adam Smith to the Austrian school of economics, to contemporary research in public choice and institutional analysis — are sturdy and well established, but far from calcified. On the contrary, the boundaries of the research built on this foundation are ever expanding. One approach to political economy that has gained considerable traction in recent years combines the insights and methods of three distinct but related subfields within economics and political science: the Austrian, Virginia and Bloomington schools of political economy. The vision of this book series is to capitalize on the intellectual gains from the interactions between these approaches in order to both feed the growing interest in this approach and advance social scientists’ understanding of economy, polity, and society.
This series seeks to publish works that combine the Austrian school’s insights on knowledge, the Virginia school’s insights into incentives in non-market contexts, and the Bloomington school’s multiple methods, real-world approach to institutional design as a powerful tool for understanding social behaviour in a diversity of contexts. The value of the combined approach is not just that all three traditions are valuable on their own and as such all contribute something of worth.