Welcome to the Society for the Development of Austrian Economics

Mises head-shoulders jpg-500x400Friedrich-HayekFormed in 1996, the SDAE has over 100 members in a number of countries world-wide. Our goal is to advance the ideas of Menger, Mises, and Hayek and other economists of the Austrian school through both internal development and interaction with the ideas of other related approaches to economics. We sponsor numerous panels and hold an annual meeting and dinner as part of the Southern Economic Association meetings, in addition to providing members with a discount on The Review of Austrian Economics. We also co-sponsor the annual FEE Prizes in Austrian Economics for the best book and best article on Austrian economics. You can read the Society's full Statement of Purpose here.
  • Call for Papers: 2014 SDAE Meetings

    The annual conference of the Society for the Development of Austrian Economics will be held during the Southern Economics Association meetings in Atlanta, Georgia, on November 22-24, 2014 (Saturday – Monday) at the Atlanta Marriott Marquis.

    Members interested in presenting papers, serving as chairs/discussants, or proposing entire panels should submit proposals by Friday, March 28, 2014. With all submissions, please include the following information for each participant, including non-attending co-authors:

    1. Name
    2. Affiliation (Title and institution)
    3. E-mail address
    4. Telephone number
    5. Title of paper(s)
    6. Abstract(s) of no more than 100 words

    Any attachments must be either Adobe Acrobat (.pdf) or Word (.doc or .docx) format.

    If you are proposing a paper for presentation, we assume that you will serve as a chair or discussant (if needed) for at least one other conference session. If you are proposing an entire panel (including a roundtable or debate), please have all the contact information for all the participants when you send the materials. If you wish only to serve as a chair or discussant, please indicate so in your submission. Note that each session during the SEA meetings lasts one hour and forty-five minutes and typically has four or more participants.

    Please note that the conference organizers have to be free to place your paper or panel on any of the conference days.

    SDAE members who are current in their annual membership dues are given priority for SDAE panels. If you wish to renew your membership, you can do so online at: http://it.stlawu.edu/sdae/apply.htm

    Please send your submissions by email only to SDAE President-Elect Benjamin Powell at free.market@ttu.edu (with “SDAE 2014” in the subject line of the e-mail).

    Benjamin Powell
    Free Market Institute
    Texas Tech University

  • 2013 FEE Prize for best article in Austrian Economics

    In “Prison Gangs, Norms, and Organizations,” David Skarbek argues that prisoners create and rely on prison gangs to protect them and provide governance rather than relying on prison officers or informal norms. Prison institutions do not provide inmates with the level of governance that inmates demand and norms prove ineffective when populations are large, constantly growing and continually changing. Using the California correctional system as a case study, Skarbek argues that because the number of inmates grew rapidly and many of the inmates had not previously served time in prison, the norms that were once effective no longer effective in ensuring that prisoners’ governance demands were met. In response, Skarbek explains inmates formed prison gangs as protective associations.

    For meaningfully offering a dynamic account of institutional evolution and contributing to our understanding of the circumstances when norms are likely to prove ineffective and the role that private organizations can play in providing protection and governance, the prize committee determined that “Prison Gangs, Norms, and Organizations,” is deserving of the 2013 FEE Prize for the best article in Austrian Economics.

  • 2013 FEE Prize for best book in Austrian Economics

    In The Clash of Economic Ideas, Larry White provides a compelling narrative of how the complex interaction of academic ideas and the expedient demands of policy shapes the global economic landscape.

    Throughout the book, White provides new perspectives on several landmark events and concepts within economics such as the laissez faire doctrine, socialism, the New Deal, the Keynesian Revolution, and nationalization. Through the use of clear historical context, White examines the economic policies implemented in Germany and India during the post-Second World War period as well as the resurgence of invisible hand-ideas and policies. White also improves our understanding of the evolution of the gold standard, the Bretton Woods system, and the contemporary development of fiscal policy and public debt.

    For offering a reexamination of several key theories within Austrian economics and providing a meaningful historical perspective on the development of economic ideas and their role in shaping economic policy, the prize committee determined that The Clash of Economic Ideas, is deserving of the 2013 FEE Prize for the best book in Austrian Economics.

  • Don Lavoie Memorial Essay Competition Winners for 2013

    The Society for the Development of Austrian Economics is pleased to announce the winners of the Don Lavoie Memorial Graduate Student Essay Competition. Three prizes are given, each worth $1000, to be used to pay expenses to attend the Southern Economic Association meetings this November in Tampa, FL, where the winners will present their work on a special panel at 2:00pm, Sunday, November 24, 2013. Prize awards are contingent on attending the SEA meetings and the SDAE’s annual business meeting and awards banquet.

    This year’s winners are:

    Alexander W. Salter
    George Mason University
    “Robust Political Economy and the Lender of Last Resort”

    Lotta Moberg
    George Mason University
    “The Political Economy of Special Economic Zones”

    Hendrik Hagedorn
    University of Münster, Germany
    “A Model of Austrian Economics”

    Their papers will be available online shortly at http://it.stlawu.edu/sdae/.

    Thank you all for your submissions to the Fall 2013 Don Lavoie Memorial Graduate Student Essay Competition. The Evaluation Committee was very pleased with the quality of work and consideration that was reflected in all of this year’s submissions.

    With such uniformly outstanding work, it was quite challenging to select only 3 winners from the 7 submissions by demonstrably competitive and first-class young intellectuals.

    This year’s prize committee consisted of:

    Peter Boettke, George Mason University
    Steven Horwitz, St. Lawrence University
    David Prychitko, Northern Michigan University
    Emily Chamlee-Wright, Beloit College
    Virgil Storr, Mercatus Center at George Mason University

  • 2013 Carl Menger Essay Contest Winners

    The Society for the Development of Austrian Economics is pleased to announce the winners of the 2013 Carl Menger Essay Contest for undergraduate students. Professors Jeremy Horpedahl, Daniel Smith, and Michael Thomas were this year’s judges. All entries were anonymous.

    The prize comes with $500 plus a travel stipend and three nights accommodations at the Tampa Marriott Waterside Hotel & Marina to attend and present at the Southern Economic Association in November. A panel featuring the winning papers will take place on Sunday, November 24. The prizes will be presented at the Society’s annual dinner that same evening. These prizes are made possible thanks to the generous support of the Foundation for Economic Education and the Charles Koch Foundation.

    This year’s winners are:

    Sean Hernandez
    University of Southern California
    “On the Catallactics of Global Warming and Environmental Futurism”

    Benjamin Lyons
    George Mason University
    “How Competition Creates Economics: Comparing Capitalism to the Alternatives”

    Patrick Testa
    Loyola University New Orleans
    “Obesity as a Knowledge Problem: A Political Economy of the American Diet”

    The Prize Committee would like to extend its sincerest thanks to all the entrants.

  • SDAE Dinner Details

    We now have the details for the annual SDAE dinner and business meeting. The event will take place on Sunday night, November 24th at the Tampa Marriott Waterside Hotel & Marina in Tampa, FL in Florida Salon VI. We will be starting with drinks and a reception from 6:30pm to 7:30pm and then continuing with dinner and our program from 7:30pm ­to 10:00pm.

    We will have our usual presentation of the FEE prizes and recognition of the Lavoie Prize and Menger Contest winners, as well as Larry White’s presidential address and our business meeting. The cost of this year’s dinner is $100, with graduate students at half price.

    Times:

    6:30pm-7:30pm Reception

    7:30pm-10:30pm Dinner and Annual Meeting

    Location: Florida Salon VI

    The menu and entrée choices:

    SALAD

    Field Greens, Endive and Radicchio, Candied Pecans, Pears Pomegranate Vinaigrette

    ENTREES

    * Grilled Chicken Breast with a Ancho Chili Butter Sauce

    * Seared Atlantic Salmon with a Dill Butter Sauce

    * Grilled 8 ounce Filet Mignon with Whole Roasted Chipollini Onion and Cabernet Demi Glaze

    * Vegetarian/Vegan

    DESSERT

    Chocolate Trio- Dark, White, Milk

    We don’t take credit cards so payment by check or Paypal is particularly encouraged. We will take cash or checks at the door, but the more we have in advance the better.

    We have completed taking selections for the dinner. Please contact Josh Pfeifer (jpfeifer@mercatus.gmu.edu) if you have any additional questions.

    Checks should be sent to:

    Peter Lewin
    Society for the Development of Austrian Economics
    7708 Queens Garden
    Dallas, TX 75248

    The Paypal link can be found here: http://www.sdaeonline.org/membership-form-2014/ .

    We also encourage you to go ahead and renew your membership for 2014 now so that we don¹t have to also deal with that process at the door at the dinner.

  • The 2013 FEE Prizes in Austrian Economics

    The Society for the Development of Austrian Economics is pleased to announce that nominations are now open for the 2013 Foundation for Economic Education Prizes for the best book and the best article recently published in Austrian economics.

    The following conditions apply:

    1. Authors nominated must be members in good standing with the SDAE (check the Society’s website at http://www.sdaeonline.org for information on how to join).

    2. The books and articles nominated must have been published between January 1, 2011 and August 31, 2013.

    3. Nominated articles should be emailed as an attachment or as a URL to the article to Virgil Storr ­ (vstorr@gmu.edu).

    4. Nominations for the book prize should include the title and all other relevant information (publisher, date of publication, ISBN #) and be sent to the above email address. Those nominating books need not send copies. Edited volumes and short monographs are not eligible for the award.

    5. All nominations must be received by Virgil Storr no later than October 21, 2013.

    6. Self-nominations will not be accepted.

    Each prize comes with a cash award of $500 thanks to the generous support of the Foundation for Economic Education (FEE). Recipients will be required to submit a short blog post on their winning book or article for posting on the FEE website. Winners will be announced at the annual banquet of the SDAE, this year in Tampa, FL in conjunction with the Southern Economic Association meetings from November 23-25, 2013. The SDAE dinner will be held on Sunday, November 24th.

    Questions may be directed to Virgil Storr, vstorr@mercatus.gmu.edu

    Virgil Storr
    SDAE Vice President

  • 2013 Don Lavoie Memorial Graduate Student Essay Competition

    The Society for the Development of Austrian Economics is pleased to announce that submissions for the 2013 Don Lavoie Memorial Graduate Student Essay Competition are now being accepted. Submissions will be accepted from advanced PhD students in economics or other relevant disciplines anywhere in the world. The competition is limited to thesis chapters and/or other research that is geared toward publication in the professional journals; submissions should adhere to appropriate standards of academic writing and should be on a topic relevant to Austrian economics. There is no word limit; and, students submitting papers to this competition will retain all publication rights to their work; however, winners are encouraged to submit their papers to The Review of Austrian Economics for possible publication.

    Three prizes are given, each worth $1000, to be used to pay expenses to attend the Southern Economic Association meetings this November 23-25, 2013 in Tampa, FL, where the winners will present their work on a special panel scheduled for 2:00pm, Sunday, November 24. Prize awards are contingent on attending the SEA meetings and the SDAE’s annual business meeting and awards banquet on Sunday, November 24.

    The prize committee consists of:

    • Peter Boettke, Committee Chair, George Mason University

    • Emily Chamlee-Wright, Washington College

    • Steven Horwitz, St. Lawrence University

    • David Prychitko, Northern Michigan University

    • Virgil Storr, Mercatus Center at George Mason University

    Deadline for submissions is October 15, 2013. Decisions will be made on or around October 20.
    Please include a copy of your CV with your submission. All questions and submissions should be sent electronically to Eric Celler at eceller@mercatus.gmu.edu

  • Review of Austrian Economics

    RAE subscribers can get back issues at the Springer homepage. Some full text back issues can be found at the GMU RAE site here. However, using the Springer site increases the journal’s impact measure, so please try there first. If you are interested in reviewing a book for the RAE, please contact book review editor Dan Smith.

  • SDAE Listserv Information

    The Society is happy to announce the creation of a scholarly listserv devoted to the Austrian school of economics. The “AustrianEcon” listserv is devoted to the ideas of the Austrian school of economics and related contributions to the understanding of human action and its consequences. We aim for as broad a discussion as possible across any disciplines or schools of thought that relate to Austrian economics. It must be emphasized that the listserv is not a forum for political discussion except to the degree that such issues have a direct connection to the scholarly contributions of the Austrian school both past and present.

    Membership in the list is subject to the approval of the list manager. Membership will be limited to those affiliated with universities, think-tanks, or other scholarly/intellectual organizations. Exceptions for those not so affiliated will be granted on a case-by-case basis at the discretion of the list manager. SDAE members are automatically eligible for membership. You can request to join the list by emailing the list manager Steve Horwitz at shorwitz@stlawu.edu .

    We strongly encourage members to use the list as a vehicle for the dissemination of their current scholarship. In particular, discussion of working papers is a very valuable use of the listserv. Any members wishing to make a paper available for discussion should contact the list manager and the paper will be posed at the SDAE website for list members to access. Austrian analyses of current contributions to the mainstream economics literature are also strongly encouraged as is discussion of current work in related disciplines (e.g., evolutionary psychology, political science, history, etc.) or traditions in economics (e.g., constitutional political economy, public choice, or various heterodox schools etc.) of which members might be less aware.

    AustrianEcon is a moderated listserv. All messages require approval of the list manager.