Review of Austrian Economics

Scope & Guideline

Advancing the discourse in Austrian economic thought.

Introduction

Welcome to the Review of Austrian Economics information hub, where our guidelines provide a wealth of knowledge about the journal’s focus and academic contributions. This page includes an extensive look at the aims and scope of Review of Austrian Economics, highlighting trending and emerging areas of study. We also examine declining topics to offer insight into academic interest shifts. Our curated list of highly cited topics and recent publications is part of our effort to guide scholars, using these guidelines to stay ahead in their research endeavors.
LanguageEnglish
ISSN0889-3047
PublisherSPRINGER
Support Open AccessNo
CountryNetherlands
TypeJournal
Convergefrom 1987 to 1997, from 1999 to 2024
AbbreviationREV AUSTRIAN ECON / Rev. Austrian Econ.
Frequency4 issues/year
Time To First Decision-
Time To Acceptance-
Acceptance Rate-
Home Page-
AddressONE NEW YORK PLAZA, SUITE 4600 , NEW YORK, NY 10004, UNITED STATES

Aims and Scopes

The Review of Austrian Economics is dedicated to advancing the understanding and application of Austrian economic theory, emphasizing its relevance to contemporary issues and its historical foundations. The journal aims to foster a rich dialogue on economic principles and their implications for society, policy, and individual behavior.
  1. Austrian Economic Theory:
    The journal primarily focuses on the Austrian school of economics, exploring its foundational theories, methodologies, and applications in various economic contexts.
  2. Interdisciplinary Perspectives:
    It encourages contributions that intersect with other disciplines, including political science, sociology, and philosophy, thereby enriching the discourse surrounding economic ideas.
  3. Historical Analysis:
    The Review places significant emphasis on historical perspectives, examining the evolution of economic thought and its implications for modern economic practices.
  4. Policy Implications:
    Articles often discuss the practical implications of Austrian economics for public policy, governance, and economic systems, highlighting the relevance of theoretical insights to real-world challenges.
  5. Critique of Mainstream Economics:
    The journal critiques and contrasts Austrian economic principles with mainstream economic theories, particularly regarding topics like central planning, regulation, and the role of government in the economy.
Recent publications in the Review of Austrian Economics reveal several emerging themes that reflect the evolving landscape of economic discourse. These trends indicate a growing interest in contemporary issues and innovative approaches to traditional Austrian economic principles.
  1. Behavioral Economics:
    An increasing number of papers are integrating insights from behavioral economics, exploring how psychological factors influence economic decision-making, which complements traditional Austrian views on subjective value.
  2. Digital Economy and Technology:
    The rise of digital platforms and their economic implications is a hot topic, with papers addressing how Austrian economics can inform the understanding of new market dynamics and innovation.
  3. Sustainability and Development:
    There is a notable trend towards examining sustainable development through the lens of Austrian economics, reflecting a growing concern for ecological issues and equitable resource allocation.
  4. Cognitive Economics:
    Emerging discussions on cognitive economics highlight how cognitive processes affect market behavior and decision-making, representing a synthesis of Austrian and modern economic thought.
  5. Global Economic Challenges:
    The journal increasingly addresses global challenges, such as those posed by pandemics and geopolitical tensions, applying Austrian insights to analyze and propose solutions for contemporary issues.

Declining or Waning

While the Review of Austrian Economics has maintained a strong focus on its core themes, certain areas appear to be declining in prominence within recent publications. This shift may reflect changing interests within the academic community or a response to evolving economic challenges.
  1. Classical Liberalism:
    Although still relevant, discussions explicitly centered on classical liberalism seem to have decreased, with fewer papers directly addressing its principles in the context of modern economic issues.
  2. Traditional Business Cycle Theory:
    The exploration of traditional Austrian business cycle theory appears to be waning, with a noticeable shift towards incorporating contemporary insights and methodologies, such as Schumpeterian elements.
  3. Environmental Economics:
    While environmental concerns remain significant, the specific intersection of Austrian economics with environmental issues has seen less focus, possibly overshadowed by more pressing economic discussions.
  4. Historical Figures' Contributions:
    The frequency of papers dedicated to historical figures within the Austrian school, such as Menger and Hayek, has diminished, suggesting a move towards applying Austrian principles to current economic phenomena rather than historical analysis.
  5. Microfoundations of Economics:
    There is a trend of less emphasis on microfoundational debates within Austrian economics, as the journal seems to prioritize broader theoretical applications and interdisciplinary connections.

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