Roderick T. Long

Ethics and economics need to learn from one another. But what is it, precisely, that needs to be learned?  Here Yeager's  answer is more controversial; he defends what might be called Austro-utilitarianism 

Austrians have frequently criticized neoclassical economics for the unrealistic character of its assumptions. Neoclassical models are typically “idealized”;

When Murray Rothbard founded the Journal of Libertarian Studies in 1977, publishing opportunities for libertarian scholarship, especially radical  libertarian scholarship, were even rarer than they are today. Certainly the intellectual climate was beginning to improve. New books and conferences, along with the Nobel prizes for Friedrich A. Hayek and Milton Friedman, had all combined to give broadly libertarian approaches a higher academic profile. In Rothbard's vision, libertarianism represented not simply a set of policy proposals, but a wide ranging and diverse body of social theory articulating an integrated understanding of human agency and social interaction underlying such policy proposals. That's why it's the Journal of Libertarian Studies and not just the journal of libertarianism.