Faulty Spotlight: Marta Podemska-Mikluch Posted on September 15th, 2023 by

Marta Podemska-Mikluch’s (Business and Economics) chapter, “Entangled Political Economy and the Viennese Students of Civilization,” was recently published in the volume Research Agenda for Austrian Economics, part of the Elgar Research Agendas series. This work delves into the intricate relationship between the Viennese students of civilization, a term coined by Erwin Dekker to describe Austrian economists like Carl Menger, Friedrich von Wieser, and Ludwig von Mises, who emphasized the defense of liberal civilization; and the entangled political economy, an analytical framework developed by Richard E. Wagner that views society as a complex adaptive system. This chapter offers a rich direction for research in political economy, such as exploring the limitations of top-down interventions and understanding the emergent nature of policies and institutions.

 

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