BOETTKE, Peter J. (Biography)

Born

January 3, 1960, Rahway, New Jersey, USA Current Positions

Deputy Director, James M. Buchanan Center for Political Economy, George Mason University, 1999-; Associate Professor of Economics, George Mason University, 1998-; Senior Research Fellow, Mercatus Center, George Mason University, 1999-

Past Positions

Associate Professor of Economic and Finance, Manhattan College, 1997-1999; Senior Fellow, Austrian Economics Program, New York University, 1997-1998; Assistant Professor of Economics, New York University, 1990-1997; National Fellow, Hoover Institution on War, Revolution and Peace, Stanford University, 1992-1993; Assistant Professor of Economics, Oakland University, 1988-1990; Assistant Professor of Economics, George Mason University, 1987-1988.

Degrees

B.A., Grove City College, 1983; Ph.D., George Mason University, 1989.

Offices and Honors

Member, The Mont Pelerin Society, 1995.

President, Society for Development of Austrian

Economics, 2000-2001.

1999 Smith Prize from the Society for the Development of Austrian Economics for "What Went Wrong with Economics?," Critical Review 11(1): 1997; 11-65. 1997 Otto Eckstein Prize (Honorable Mention) from the Eastern Economic Association for the paper "Hayek’s The Road to Serfdom Revisited," Eastern Economic Journal (Winter 1995).

1995 Golden Dozen Teaching Award in recognition of excellence in undergraduate teaching, College of Arts and Science, New York University.


1994 F.A. Hayek Fellowship Award, The Mont Pelerin Society. First Place in international paper competition on the legacy of F. A. Hayek.

1989 William P. Snavely Award Winner — Outstanding Graduate Student in Economics, George Mason University.

Editorial Duties

Founding Editor, Advances in Austrian Economics, 1994-1998; Editor, Review of Austrian Economics, 1998-; Managing Editor, Market Process, 1984-1987.

Principal Fields of Interest

Comparative Political Economy; Market Process Theory;

History of Economic Thought and Methodology.

Selected Publications

Books

1. The Political Economy of Soviet Socialism: The Formative Years, 1918-1928.

2. Why Perestroika Failed: The Politics and Economics of Socialist Transformation (Routledge, 1993).

3. The Elgar Companion to Austrian Economics (ed.) (Edward Elgar Publishing, 1994).

4. Market Process Theories, 2 volumes (Edward Elgar Publishing, 1998) (Edited, with David L. Prychitko).

5. The Legacy of F. A. Hayek: Politics, Philosophy and Economics, 3 volumes (ed.) (Edward Elgar Publishing, 2000).

6. Socialism and the Market: The Socialist Calculation Debate Revisited, 9 volumes (ed.) (Routledge, 2000).

7. Calculation & Coordination: Essays on Socialism and Transitional Political Economy (Routledge, 2001).

8. The Economic Way of Thinking, 10th Edition (Prentice Hall, 2002) (with Paul Heyne and David Prychitko.

Articles

1. "Why are there no Austrian socialists? Ideology, science and the Austrian school." Journal of the History of Economic Thought, 17:1995.

2. "Where did economics go wrong: modern economics as a flight from reality." Critical Review, 11(1):1997.

3. "Promises made and promises broken in the Russian transition." Constitutional Political Economy, 9(2): 1998.

4. "Economic calculation: the Austrian contribution to political economy." Advances in Austrian Economics, 5: 1998.

5. "The Russian crisis: perils and prospects for Post-Soviet transition." American Journal of Economics & Sociology, 58(3):1999.

6. "Knight and the Austrians on capital and the problem of socialism." History of Political Economy, 34(1):2002 (with Karen Vaughn).

7. "Post classical political economy." American Journal of Economics and Sociology, 61(1):2002 (with Virgil Storr).

8. "From the philosophy of mind to the philosophy of the market." Journal of Economic Methodology, 9(1):2002 (with John Robert Subrick).

9. "Kirznerian Entrepreneurship and The Economics of Science." Journal des Economistes et des Etudes Humaines, 12(1):2002 (with William Butos). 10. "Entrepreneurship and development: cause or consequence?." Advances in Austrian Economics, 6:2002 (with Christopher Coyne).

Principal Contributions

Peter Boettke’s work has focused on the origin, history, collapse and transition from socialism in Russia. The main thrust of his work in comparative political economy has been to bring the insights of Ludwig von Mises and F.A. Hayek to analyze the operation of the Soviet type economy. This work has highlighted the ideological aspirations of the Soviet experience, the inability of those aspirations to be realized in practice, the unintended consequences of the Soviet experience, the de facto operating principles in Soviet economic and political life, and the implications of transition policy of this de facto reality of black markets, vested interests and attenuated property rights.

In addition to this applied work in political economy, Boettke has maintained an active interest in history of economic thought and methodology. In particular, he has done several studies on the development of modern economics and the role of the Austrian economists in the debates that have shaped modern economics. In 1998, he took over the editorship of the Review of Austrian Economics.

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