Progress in the Mercatus Institute at the George Mason University

The nice Austrians at the GMU are moving on with a new course, the  F A Hayek Program for Advanced Study in Philosophy, Politics and Economics.

When George Mason University started its PhD program in the early 1980s, F.A. Hayek gave one of the first public lectures on his work that would later be published as The Fatal Conceit. Hayek’s path breaking work in philosophy, politics and economics was a source of inspiration for the faculty and graduate students at George Mason University. Future Nobel Prize winners at George Mason University, James Buchanan and Vernon Smith, in their own respective ways developed Hayek’s ideas even further.

Our research group draws on the insights of all three of these Nobel Laureates, as well as the work of Ronald Coase, Douglass North, and Elinor Ostrom, to form our own unique blend of research in political economy. Our students are trained in the conventional methods and methodology of economics as well as the interdisciplinary approach to political economy that the PPE label is intended to convey.

This is located in the Mercatus Institute, one of best centres for study of economic development and social policy in the world.

Who are the naughty Austrians?

No comment.

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11 Responses to Progress in the Mercatus Institute at the George Mason University

  1. Julie Novak

    Sounds like an amazing program, but this is what you can minimally expect from GMU and Mercatus anyhow.

    Would love to see more of this sort of program here.

    I know that Mannkal, have an impressive student outreach program, and the CIS have their Liberty & Society student program which goes from strength to strength. The IPA also provides many an excellent opportunity for young people to engage in the pro-liberty cause.

    And, of course, students can learn much from scholars such as Sinclair Davidson and Steve Kates at RMIT University, and in pockets elsewhere.

    Is there anything or anyone else, particularly within the tertiary education arena, that or who make it their focus to intellectually impart the principles of economic freedom, and classical liberalism more generally?

  2. Alex Pundit

    Who are the naughty Austrians?

    Veronique De Rugy?

  3. david

    Who are the naughty Austrians?/blockquote>

    Obviously, those that question the legitimacy of the state and believe that the individual is not simply a vehicle for the maximization of group interests?

  4. Rafe

    Two requirements for the future of liberalism are better school courses (and texts) and better uni ocurses. This is a review of the main HSC texts a couple of decades ago. Keynes ruled. Have things changed? (slow loading pdf file).

  5. Julie Novak

    Hi Rafe. The HSC review looks interesting.

    Incidentally, I stumbled upon a NSW HSC economics test of a couple of years back in which it seemed every second question related to climate change or some “inequality is bad” meme.

  6. Rafe

    I am surprised that you guys, IPA and Mannkal don’t have a full-on program to review economics and social studies texts. There are enough non Labor state governments to actually do something with the results.

    BTW I have instructed Ron Manners to set up a John Hyde Memorial Lecture this year so I can get an expenses paid trip to Perth to deliver the Hyde Oration.

  7. Elizabeth (Lizzie) B.

    I am surprised that you guys, IPA and Mannkal don’t have a full-on program to review economics and social studies texts. There are enough non Labor state governments to actually do something with the results.

    Agree. For instance, at the very moment Newman is dismantling the climate change agenda set by Anna Bligh, school curricula are still feeding innocent children the shock horror tipping point (implied ‘vote green’) message. All non-Labor State governments should be geting busy on this now.

  8. .

    Incidentally, I stumbled upon a NSW HSC economics test of a couple of years back in which it seemed every second question related to climate change or some “inequality is bad” meme.

    That’s not even economics they are being taught.

  9. Julie Novak

    Rafe

    I believe the IPA has had a lot to say on a related matter, viz. the national curriculum. You should check it out if you haven’t already.

  10. Hanyu

    I had the pleasure of attending a talk by Vernon Smith in Hong Kong last year. It was one of the clearest (and most interesting) explanations of why the US is in trouble that I’ve heard. A remarkable man.

  11. Rafe

    Thanks Julie, I blogged on the IPA report on the national curriculum when it was not off the press!

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