Basic Income and the Free Market: Austrian Economics and the by Guinevere Liberty Nell (eds.)

By Guinevere Liberty Nell (eds.)

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Pdf. Cordato, Roy E. 1992. Welfare Economics and Externalities in an OpenEnded Universe: A Modern Austrian Perspective. Boston, MA: Kluwer Academic Publishers. Coyne, Christopher J. 2008. After War: The Political Economy of Exporting Democracy. Stanford, CA: Stanford University Press. ———. 2011. ” Video interview by the Institute for Humane Studies. Accessed January 31, 2013. pdf. Dahlsten, Ulf. 2010. ” Accessed January 31, 2013. pdf. WELFARE IN THE AUSTRIAN MARKETPLACE 43 DebateaCommunist. ” Accessed January 31, 2013.

24 GUINEVERE LIBERTY NELL right to demonstrate in a free market, safe from the corrupting influence of the fallacious collective will. Boettke (1990: 27) continues: Only at the level of the individual can we attribute meaning to social phenomena. Only individuals choose. An understanding of the social world is only possible by reference to the meaning individuals attribute to the activities of others and the social institutions that surround them. 15 Austrian economists recognize some endogenous effects: the effect on market demand cannot be denied,16 and the effect of “bourgeois virtues” upon modern society and culture is frequently celebrated.

1795. ” Accessed May 6, 2013. htm. Pierson, Christopher. 1995. Socialism after Communism: The New Market Socialism. Cambridge: Polity. Pigou, Arthur C. 1932. The Economics of Welfare. 4th ed. London: Macmillan. 46 GUINEVERE LIBERTY NELL Plant, Raymond. 1989. ), Market Socialism. Oxford: Clarendon Press. Prychitko, David L . 1991. Marxism and Workers’ Self-Management: The Essential Tension. New York: Greenwood Press. ———. 1997. “Expanding the Anarchist Range: A Critical Reappraisal of Rothbard’s Contribution to the Contemporary Theory of Anarchism,” Review of Political Economy 9 (4): 433–55.

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