The Austrian School of Economics: Concepts and Theories

My book The Austrian School of Economics. Concepts and Theories has just been published as part of the Palgrave Studies in Austrian Economics series, edited by David Howden and Philipp Bagus. The book provides a comprehensive overview of the Austrian School at an intermediate level, aiming to bridge the gap between introductory texts and the advanced treatises by Böhm-Bawerk, Mises, and Rothbard.

Free Markets, Entrepreneurial Error, and the Nico Iamaleava Saga

Anyone who follows college football is aware of the unceremonious divorce between the University of Tennessee Volunteers and the team’s star quarterback, Nico Iamaleava. Just as the original multi-million-dollar NIL (Name, Image, and Likeness) deal with Iamaleava a few years ago was considered to be ground-breaking, this also is the first time that we have had a “holdout” situation in which an athlete refused to play unless he received a pay raise.