Christopher J. Coyne – författare

How can people peacefully cooperate with others to improve their lives? This important book answers this question by introducing readers to the Austrian school of economics.Austrian economics is a heterodox tradition with a distinct philosophy of science stressing purposive individual action, subjective value, the unique nature of economic knowledge, and the importance of prices and markets for coordination. Beginning in Austria in the 1870s with the work of Carl Menger, the ideas of those working in this tradition shaped the field of economics as we know it today. Coyne and Hall tell the story of the key thinkers and ideas in the Austrian school. In doing so, they demonstrate the tradition's ongoing relevance to a wide range of contemporary issues, including entrepreneurship, development, government regulation, artificial intelligence, business cycles and recessions, infectious diseases, recovery from natural disasters, and war.Comprehensive and accessibly written, Austrian Economics: An Introduction is an indispensable resource on its topic. Readers will come away with a better understanding of economics and an appreciation of the marvel of human cooperation.

In 2010, Haiti was ravaged by a brutal earthquake that affected the lives of millions. The call to assist those in need was heard around the globe. Yet two years later humanitarian efforts led by governments and NGOs have largely failed. Resources are not reaching the needy due to bureaucratic red tape, and many assets have been squandered. How can efforts intended to help the suffering fail so badly? In this timely and provocative book, Christopher J. Coyne uses the economic way of thinking to explain why this and other humanitarian efforts that intend to do good end up doing nothing or causing harm.In addition to Haiti, Coyne considers a wide range of interventions. He explains why the U.S. government was ineffective following Hurricane Katrina, why the international humanitarian push to remove Muammar Gaddafi in Libya may very well end up causing more problems than prosperity, and why decades of efforts to respond to crises and foster development around the world have resulted in repeated failures.In place of the dominant approach to state-led humanitarian action, this book offers a bold alternative, focused on establishing an environment of economic freedom. If we are willing to experiment with aid—asking questions about how to foster development as a process of societal discovery, or how else we might engage the private sector, for instance—we increase the range of alternatives to help people and empower them to improve their communities. Anyone concerned with and dedicated to alleviating human suffering in the short term or for the long haul, from policymakers and activists to scholars, will find this book to be an insightful and provocative reframing of humanitarian action.

The Austrian School of Economics is an intellectual tradition in economics and political economy dating back to Carl Menger in the late-19th century. Menger stressed the subjective nature of value in the individual decision calculus. Individual choices are indeed made on the margin, but the evaluations of rank ordering of ends sought in the act of choice are subjective to individual chooser. For Menger, the economic calculus was about scarce means being deployed to pursue an individual''s highest valued ends. The act of choice is guided by subjective assessments of the individual, and is open ended as the individual is constantly discovering what ends to pursue, and learning the most effective way to use the means available to satisfy those ends. This school of economic thinking spread outside of Austria to the rest of Europe and the United States in the early-20th century and continued to develop and gain followers, establishing itself as a major stream of heterodox economics. The Oxford Handbook of Austrian Economics provides an overview of this school and its theories. The various contributions discussed in this book all reflect a tension between the Austrian School''s orthodox argumentative structure (rational choice and invisible hand) and its addressing of a heterodox problem situations (uncertainty, differential knowledge, ceaseless change). The Austrian economists from the founders to today seek to derive the invisible hand theorem from the rational choice postulate via institutional analysis in a persistent and consistent manner. Scholars and students working in the field of History of Economic Thought, those following heterodox approaches, and those both familiar with the Austrian School or looking to learn more will find much to learn in this comprehensive volume.

The Austrian School of Economics is an intellectual tradition in economics and political economy dating back to Carl Menger in the late-19th century. Menger stressed the subjective nature of value in the individual decision calculus. Individual choices are indeed made on the margin, but the evaluations of rank ordering of ends sought in the act of choice are subjective to individual chooser. For Menger, the economic calculus was about scarce means being deployed to pursue an individual''s highest valued ends. The act of choice is guided by subjective assessments of the individual, and is open ended as the individual is constantly discovering what ends to pursue, and learning the most effective way to use the means available to satisfy those ends. This school of economic thinking spread outside of Austria to the rest of Europe and the United States in the early-20th century and continued to develop and gain followers, establishing itself as a major stream of heterodox economics. The Oxford Handbook of Austrian Economics provides an overview of this school and its theories. The various contributions discussed in this book all reflect a tension between the Austrian School''s orthodox argumentative structure (rational choice and invisible hand) and its addressing of a heterodox problem situations (uncertainty, differential knowledge, ceaseless change). The Austrian economists from the founders to today seek to derive the invisible hand theorem from the rational choice postulate via institutional analysis in a persistent and consistent manner. Scholars and students working in the field of History of Economic Thought, those following heterodox approaches, and those both familiar with the Austrian School or looking to learn more will find much to learn in this comprehensive volume.

Why does liberal democracy take hold in some countries but not in others? Why do we observe such different outcomes in military interventions, from Germany and Japan to Afghanistan and Iraq? Do efforts to export democracy help as much as they hurt? These are some of the most enduring questions of our time. Historically, the United States has attempted to generate change in foreign countries by exporting liberal democratic institutions through military occupation and reconstruction. Despite these efforts, the record of U.S.-led reconstructions has been mixed, at best. For every West Germany or Japan, there is a Cuba, Haiti, Somalia, or Vietnam. After War seeks to answer these critical foreign policy questions by bringing an economic mindset to a topic that has been traditionally tackled by historians, policymakers, and political scientists. Economics focuses on how incentives influence human action. Therefore, within an economic context, a successful reconstruction entails finding and establishing a set of incentives that makes citizens prefer a liberal democratic order. Coyne examines the mechanisms and institutions that contribute to the success of reconstruction programs by creating incentives for sustained cooperation.Coyne emphasizes that the main threat to Western nations in the post-Cold War period will not come from a superpower, but rather from weak, failed, and conflict-torn states—and rogue groups within them. It is also critical to recognize that the dynamics at work—cultural, historical, and social—in these modern states are fundamentally different from those that the United States faced in the reconstructions of West Germany and Japan. As such, these historical cases of successful reconstruction are poor models for todays challenges. In Coynes view, policymakers and occupiers face an array of internal and external constraints in dealing with rogue states. These constraints are often greatest in the countries most in need of the political, economic, and social change. The irony is that these projects are least likely to succeed precisely where they are most needed. Coyne offers two bold alternatives to reconstruction programs that could serve as catalysts for social change: principled non-intervention and unilateral free trade. Coyne points to major differences in these preferred approaches; whereas reconstruction projects involve a period of coerced military occupation, free trade-led reforms are voluntary. The book goes on to highlight the economic and cultural benefits of free trade.While Coyne contends that a commitment to non-intervention and free trade may not lead to Western-style liberal democracies in conflict-torn countries, such a strategy could lay the groundwork for global peace.

Why does liberal democracy take hold in some countries but not in others? Why do we observe such different outcomes in military interventions, from Germany and Japan to Afghanistan and Iraq? Do efforts to export democracy help as much as they hurt? These are some of the most enduring questions of our time. Historically, the United States has attempted to generate change in foreign countries by exporting liberal democratic institutions through military occupation and reconstruction. Despite these efforts, the record of U.S.-led reconstructions has been mixed, at best. For every West Germany or Japan, there is a Cuba, Haiti, Somalia, or Vietnam. After War seeks to answer these critical foreign policy questions by bringing an economic mindset to a topic that has been traditionally tackled by historians, policymakers, and political scientists. Economics focuses on how incentives influence human action. Therefore, within an economic context, a successful reconstruction entails finding and establishing a set of incentives that makes citizens prefer a liberal democratic order. Coyne examines the mechanisms and institutions that contribute to the success of reconstruction programs by creating incentives for sustained cooperation.Coyne emphasizes that the main threat to Western nations in the post-Cold War period will not come from a superpower, but rather from weak, failed, and conflict-torn states—and rogue groups within them. It is also critical to recognize that the dynamics at work—cultural, historical, and social—in these modern states are fundamentally different from those that the United States faced in the reconstructions of West Germany and Japan. As such, these historical cases of successful reconstruction are poor models for todays challenges. In Coynes view, policymakers and occupiers face an array of internal and external constraints in dealing with rogue states. These constraints are often greatest in the countries most in need of the political, economic, and social change. The irony is that these projects are least likely to succeed precisely where they are most needed. Coyne offers two bold alternatives to reconstruction programs that could serve as catalysts for social change: principled non-intervention and unilateral free trade. Coyne points to major differences in these preferred approaches; whereas reconstruction projects involve a period of coerced military occupation, free trade-led reforms are voluntary. The book goes on to highlight the economic and cultural benefits of free trade.While Coyne contends that a commitment to non-intervention and free trade may not lead to Western-style liberal democracies in conflict-torn countries, such a strategy could lay the groundwork for global peace.

In 2010, Haiti was ravaged by a brutal earthquake that affected the lives of millions. The call to assist those in need was heard around the globe. Yet two years later humanitarian efforts led by governments and NGOs have largely failed. Resources are not reaching the needy due to bureaucratic red tape, and many assets have been squandered. How can efforts intended to help the suffering fail so badly? In this timely and provocative book, Christopher J. Coyne uses the economic way of thinking to explain why this and other humanitarian efforts that intend to do good end up doing nothing or causing harm.In addition to Haiti, Coyne considers a wide range of interventions. He explains why the U.S. government was ineffective following Hurricane Katrina, why the international humanitarian push to remove Muammar Gaddafi in Libya may very well end up causing more problems than prosperity, and why decades of efforts to respond to crises and foster development around the world have resulted in repeated failures.In place of the dominant approach to state-led humanitarian action, this book offers a bold alternative, focused on establishing an environment of economic freedom. If we are willing to experiment with aid—asking questions about how to foster development as a process of societal discovery, or how else we might engage the private sector, for instance—we increase the range of alternatives to help people and empower them to improve their communities. Anyone concerned with and dedicated to alleviating human suffering in the short term or for the long haul, from policymakers and activists to scholars, will find this book to be an insightful and provocative reframing of humanitarian action.

In 2010, Haiti was ravaged by a brutal earthquake that affected the lives of millions. The call to assist those in need was heard around the globe. Yet two years later humanitarian efforts led by governments and NGOs have largely failed. Resources are not reaching the needy due to bureaucratic red tape, and many assets have been squandered. How can efforts intended to help the suffering fail so badly? In this timely and provocative book, Christopher J. Coyne uses the economic way of thinking to explain why this and other humanitarian efforts that intend to do good end up doing nothing or causing harm.In addition to Haiti, Coyne considers a wide range of interventions. He explains why the U.S. government was ineffective following Hurricane Katrina, why the international humanitarian push to remove Muammar Gaddafi in Libya may very well end up causing more problems than prosperity, and why decades of efforts to respond to crises and foster development around the world have resulted in repeated failures.In place of the dominant approach to state-led humanitarian action, this book offers a bold alternative, focused on establishing an environment of economic freedom. If we are willing to experiment with aid—asking questions about how to foster development as a process of societal discovery, or how else we might engage the private sector, for instance—we increase the range of alternatives to help people and empower them to improve their communities. Anyone concerned with and dedicated to alleviating human suffering in the short term or for the long haul, from policymakers and activists to scholars, will find this book to be an insightful and provocative reframing of humanitarian action.

Many Americans believe that foreign military intervention is central to protecting our domestic freedoms. But Christopher J. Coyne and Abigail R. Hall urge engaged citizens to think again. Overseas, our government takes actions in the name of defense that would not be permissible within national borders. Emboldened by the relative weakness of governance abroad, the U.S. government is able to experiment with a broader range of social controls. Under certain conditions, these policies, tactics, and technologies are then re-imported to America, changing the national landscape and increasing the extent to which we live in a police state.Coyne and Hall examine this pattern—which they dub "the boomerang effect"—considering a variety of rich cases that include the rise of state surveillance, the militarization of domestic law enforcement, the expanding use of drones, and torture in U.S. prisons. Synthesizing research and applying an economic lens, they develop a generalizable theory to predict and explain a startling trend. Tyranny Comes Home unveils a new aspect of the symbiotic relationship between foreign interventions and domestic politics. It gives us alarming insight into incidents like the shooting in Ferguson, Missouri and the Snowden case—which tell a common story about contemporary foreign policy and its impact on our civil liberties.

The Handbook on the Political Economy of War highlights and explores important research questions and discusses the core elements of the political economy of war.By defining political economy and war in the broadest sense, this unique Handbook brings together a wide range of interdisciplinary scholars from economics, political science, sociology, and policy studies to address a multitude of important topics. These include an analysis of why wars begin, how wars are waged, what happens following the cessation of war, and various alternatives to conflict. Other sections explore civil war and revolution, the arms trade, political and economic systems, and post-conflict reconstruction and nation building. Erudite yet accessible, this comprehensive reference work will prove to be an engaging and enlightening read for policymakers, academics, and students of political science, economics, public policy, and sociology.

This Element surveys the field of defense, peace, and war economics with particular emphasis on the contributions made by Austrian economists. I first review treatments of defense, peace, and war by the classical economists. I then discuss the rise of a distinct and systematic defense, peace, and war economics field of study starting in the 1960s. Next, I consider the contributions by Austrian economists to the field. This includes the economic analysis of the nature of the war economy, problems with the public good justification for the state-provision of defense, the seen and unseen costs of war, the idea of the liberal peace, and the realities and limitations of foreign intervention. I conclude with a discussion of some open areas for future research.

This Element surveys the field of defense, peace, and war economics with particular emphasis on the contributions made by Austrian economists. I first review treatments of defense, peace, and war by the classical economists. I then discuss the rise of a distinct and systematic defense, peace, and war economics field of study starting in the 1960s. Next, I consider the contributions by Austrian economists to the field. This includes the economic analysis of the nature of the war economy, problems with the public good justification for the state-provision of defense, the seen and unseen costs of war, the idea of the liberal peace, and the realities and limitations of foreign intervention. I conclude with a discussion of some open areas for future research.

This Element surveys the field of defense, peace, and war economics with particular emphasis on the contributions made by Austrian economists. I first review treatments of defense, peace, and war by the classical economists. I then discuss the rise of a distinct and systematic defense, peace, and war economics field of study starting in the 1960s. Next, I consider the contributions by Austrian economists to the field. This includes the economic analysis of the nature of the war economy, problems with the public good justification for the state-provision of defense, the seen and unseen costs of war, the idea of the liberal peace, and the realities and limitations of foreign intervention. I conclude with a discussion of some open areas for future research.

This Element explores the topics of terrorism, counterterrorism, and the US government's war on terror following the September 11, 2001 terror attacks. It draw on insights from Austrian and public choice economics. First, the foundations of the economics of terrorism are discussed emphasizing that the behaviors of terrorists and counter-terrorists are purposeful and goal-oriented. Then, the economics of counterterrorism policies and the importance of institutional change is considered. Next, the three dilemmas facing liberal societies as it relates to counterterrorism efforts is focused on. The Element then provides an assessment of the US government's war on terror. It discusses the origins of the war, discuss whether it can be judged a success or failure, and consider some of the main effects both abroad and within the United States. The final chapter concludes with a discussion of several areas for future research.

Written for an audience of students, general readers, and economists alike, this Element is a primer on the field of the economics of conflict and peace. It offers a reasonably comprehensive, systematic, and detailed overview - even if in broad strokes - of the field''s orthodox and heterodox history of thought and current theories and evidence. The authors view this Element as a baseline account on which to build a future, separate and more fully developed, work on the economics of peace, economic growth, and human development. Altogether, the Element contextualizes the field of conflict and peace economics, outlines its history of thought, highlights examples of current theoretical and empirical scholarship in the field, and maps trajectories for further research.

Written for an audience of students, general readers, and economists alike, this Element is a primer on the field of the economics of conflict and peace. It offers a reasonably comprehensive, systematic, and detailed overview - even if in broad strokes - of the field''s orthodox and heterodox history of thought and current theories and evidence. The authors view this Element as a baseline account on which to build a future, separate and more fully developed, work on the economics of peace, economic growth, and human development. Altogether, the Element contextualizes the field of conflict and peace economics, outlines its history of thought, highlights examples of current theoretical and empirical scholarship in the field, and maps trajectories for further research.

Written for an audience of students, general readers, and economists alike, this Element is a primer on the field of the economics of conflict and peace. It offers a reasonably comprehensive, systematic, and detailed overview - even if in broad strokes - of the field's orthodox and heterodox history of thought and current theories and evidence. The authors view this Element as a baseline account on which to build a future, separate and more fully developed, work on the economics of peace, economic growth, and human development. Altogether, the Element contextualizes the field of conflict and peace economics, outlines its history of thought, highlights examples of current theoretical and empirical scholarship in the field, and maps trajectories for further research.

Many Americans believe that foreign military intervention is central to protecting our domestic freedoms. But Christopher J. Coyne and Abigail R. Hall urge engaged citizens to think again. Overseas, our government takes actions in the name of defense that would not be permissible within national borders. Emboldened by the relative weakness of governance abroad, the U.S. government is able to experiment with a broader range of social controls. Under certain conditions, these policies, tactics, and technologies are then re-imported to America, changing the national landscape and increasing the extent to which we live in a police state.Coyne and Hall examine this pattern—which they dub "the boomerang effect"—considering a variety of rich cases that include the rise of state surveillance, the militarization of domestic law enforcement, the expanding use of drones, and torture in U.S. prisons. Synthesizing research and applying an economic lens, they develop a generalizable theory to predict and explain a startling trend. Tyranny Comes Home unveils a new aspect of the symbiotic relationship between foreign interventions and domestic politics. It gives us alarming insight into incidents like the shooting in Ferguson, Missouri and the Snowden case—which tell a common story about contemporary foreign policy and its impact on our civil liberties.

Many Americans believe that foreign military intervention is central to protecting our domestic freedoms. But Christopher J. Coyne and Abigail R. Hall urge engaged citizens to think again. Overseas, our government takes actions in the name of defense that would not be permissible within national borders. Emboldened by the relative weakness of governance abroad, the U.S. government is able to experiment with a broader range of social controls. Under certain conditions, these policies, tactics, and technologies are then re-imported to America, changing the national landscape and increasing the extent to which we live in a police state.Coyne and Hall examine this pattern—which they dub "the boomerang effect"—considering a variety of rich cases that include the rise of state surveillance, the militarization of domestic law enforcement, the expanding use of drones, and torture in U.S. prisons. Synthesizing research and applying an economic lens, they develop a generalizable theory to predict and explain a startling trend. Tyranny Comes Home unveils a new aspect of the symbiotic relationship between foreign interventions and domestic politics. It gives us alarming insight into incidents like the shooting in Ferguson, Missouri and the Snowden case—which tell a common story about contemporary foreign policy and its impact on our civil liberties.

The U.S. government's prime enemy in the War on Terror is not a shadowy mastermind dispatching suicide bombers. It is the informed American citizen.With Manufacturing Militarism, Christopher J. Coyne and Abigail R. Hall detail how military propaganda has targeted Americans since 9/11. From the darkened cinema to the football field to the airport screening line, the U.S. government has purposefully inflated the actual threat of terrorism and the necessity of a proactive military response. This biased, incomplete, and misleading information contributes to a broader culture of fear and militarism that, far from keeping Americans safe, ultimately threatens the foundations of a free society.Applying a political economic approach to the incentives created by a democratic system with a massive national security state, Coyne and Hall delve into case studies from the War on Terror to show how propaganda operates in a democracy. As they vigilantly watch their carry-ons scanned at the airport despite nonexistent threats, or absorb glowing representations of the military from films, Americans are subject to propaganda that, Coyne and Hall argue, erodes government by citizen consent.

The U.S. government's prime enemy in the War on Terror is not a shadowy mastermind dispatching suicide bombers. It is the informed American citizen.With Manufacturing Militarism, Christopher J. Coyne and Abigail R. Hall detail how military propaganda has targeted Americans since 9/11. From the darkened cinema to the football field to the airport screening line, the U.S. government has purposefully inflated the actual threat of terrorism and the necessity of a proactive military response. This biased, incomplete, and misleading information contributes to a broader culture of fear and militarism that, far from keeping Americans safe, ultimately threatens the foundations of a free society.Applying a political economic approach to the incentives created by a democratic system with a massive national security state, Coyne and Hall delve into case studies from the War on Terror to show how propaganda operates in a democracy. As they vigilantly watch their carry-ons scanned at the airport despite nonexistent threats, or absorb glowing representations of the military from films, Americans are subject to propaganda that, Coyne and Hall argue, erodes government by citizen consent.

The U.S. government's prime enemy in the War on Terror is not a shadowy mastermind dispatching suicide bombers. It is the informed American citizen.With Manufacturing Militarism, Christopher J. Coyne and Abigail R. Hall detail how military propaganda has targeted Americans since 9/11. From the darkened cinema to the football field to the airport screening line, the U.S. government has purposefully inflated the actual threat of terrorism and the necessity of a proactive military response. This biased, incomplete, and misleading information contributes to a broader culture of fear and militarism that, far from keeping Americans safe, ultimately threatens the foundations of a free society.Applying a political economic approach to the incentives created by a democratic system with a massive national security state, Coyne and Hall delve into case studies from the War on Terror to show how propaganda operates in a democracy. As they vigilantly watch their carry-ons scanned at the airport despite nonexistent threats, or absorb glowing representations of the military from films, Americans are subject to propaganda that, Coyne and Hall argue, erodes government by citizen consent.

How can people peacefully cooperate with others to improve their lives? This important book answers this question by introducing readers to the Austrian school of economics.Austrian economics is a heterodox tradition with a distinct philosophy of science stressing purposive individual action, subjective value, the unique nature of economic knowledge, and the importance of prices and markets for coordination. Beginning in Austria in the 1870s with the work of Carl Menger, the ideas of those working in this tradition shaped the field of economics as we know it today. Coyne and Hall tell the story of the key thinkers and ideas in the Austrian school. In doing so, they demonstrate the tradition's ongoing relevance to a wide range of contemporary issues, including entrepreneurship, development, government regulation, artificial intelligence, business cycles and recessions, infectious diseases, recovery from natural disasters, and war.Comprehensive and accessibly written, Austrian Economics: An Introduction is an indispensable resource on its topic. Readers will come away with a better understanding of economics and an appreciation of the marvel of human cooperation.

How can people peacefully cooperate with others to improve their lives? This important book answers this question by introducing readers to the Austrian school of economics.Austrian economics is a heterodox tradition with a distinct philosophy of science stressing purposive individual action, subjective value, the unique nature of economic knowledge, and the importance of prices and markets for coordination. Beginning in Austria in the 1870s with the work of Carl Menger, the ideas of those working in this tradition shaped the field of economics as we know it today. Coyne and Hall tell the story of the key thinkers and ideas in the Austrian school. In doing so, they demonstrate the tradition's ongoing relevance to a wide range of contemporary issues, including entrepreneurship, development, government regulation, artificial intelligence, business cycles and recessions, infectious diseases, recovery from natural disasters, and war.Comprehensive and accessibly written, Austrian Economics: An Introduction is an indispensable resource on its topic. Readers will come away with a better understanding of economics and an appreciation of the marvel of human cooperation.

The political process focuses on the ways that people come together to engage in collective decision making in a variety of contexts. The central elements of the political process include: the formation of rules, the subsequent interactions that take place within those rules, and the evolution of rules over time. Scholars working in the area of Virginia political economy—e.g., James Buchanan and Gordon Tullock—emphasize the importance of applying the tools of economics to non-market settings, including politics. Scholars in this tradition focus on both politics and economics to understand the formation of political rules—constitutional political economy—as well as the subsequent play within those rules—public choice. Scholars in the Bloomington School—most notably, Elinor and Vincent Ostrom—have emphasized three important aspects of the political process and political order. The first is the distinction between “rules in form” and “rules in use.” The rules in form refer to codified rules while the rules in use refer to the rules that people actually follow in their daily lives.Together, these dynamics generate the political order. The chapters in this volume explore and engage the key thinkers and ideas of the Virginia and Bloomington schools of political economy. The diversity in topics and approaches will make the volume of interest to readers in a variety of fields, including economics, entrepreneurship, history, political science, and public policy.

This volume explores and engages with the key thinkers and ideas of the Austrian School of economics to better understand how individuals coordinate their separate interests in a peaceful and productive manner by unintentionally forming not only market prices but also rules, customs, cultural norms and other institutional arrangements that allow specialization and trade. Together, these dynamics generate a market order by ameliorating the potential for social conflict, and, in turn, facilitate the conditions for social cooperation and specialization under the division of labor. The diversity in topics and approaches will make the volume of interest to readers in a variety of fields, including anthropology, economics, entrepreneurship, history, philosophy, political science, and public policy.