Newly Minted PhDs

February 23, 2005 9:21 AM by Peter Boettke

Like a proud father I would like to announce to the world that both Chris Coyne and Pete Leeson successfully defended their PhD theses yesterday and have now joined the ranks of PhD economists. (Mises.org readers know the names Leeson and Coyne well.)

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Hayek and Market Socialism: Science, Ideology, and Public Policy

October 26, 2004 6:24 AM by Peter Boettke

In the process of laying out their argument against socialist central planning, Mises and Hayek would be led to make stunning discoveries of the crucial features of the price system and the market economy. Mises would come to emphasize the fundamental role of economic calculation, whereas Hayek would come to emphasize how this process of economic calculation enables economic actors to discover, mobilize and utilize the dispersed knowledge in an economy. [Full article]