Market Process and Market Order

This new collection illustrates the continued relevance and promise of Austrian market process thinking for understanding the social world. --Laura Grube, Beloit College This volume expands our understanding of the relevance of the market process and market order in the Austrian tradition for political economy today. By applying insights about imperfect human beings who still can form helpful institutions through collective actions rather than one intelligent designer to many aspects of political life, the volume demonstrates the wide applicability of the Austrian tradition of political economy across several policy issues from federalism to Chinese entrepreneurship to education reform. --Brianne Wolf, Michigan State University