Front cover -- Explorations in Austrian Economics -- Copyright Page -- Contents -- List of Contributors -- Advisory Board -- Introduction -- References -- Chapter 1. Opening Remarks by Alfred Wirth -- Chapter 2. The Research Program of Austrian Economics -- The Lineage -- The Revival of the Research Program -- Economic Policy -- The Fortunes of Austrian Economics -- Why has not Austrian Economics Research Fared Better Professionally? -- Notes -- References -- Chapter 3. Policy Advice by Austrian Economists: The Case of Austria in the 1930S -- 1. Introduction -- 2. Problems, Lessons, Recipes: The Economists' Advice -- 3. Implementing the Austrian Recipes -- 4. The Economists' Influence on Austrian Policy in the 1930S: Fact or Fiction? -- Notes -- Acknowledgment -- References -- Chapter 4. Markets Vs. Politics: Correcting Erroneous Beliefs Differently -- 1. Introduction -- 2. Preliminaries -- 3. Bayesian Learning -- 4. Behavioral Anomalies -- 5. Rational Irrationality -- 6. Political vs. Individual Adjustment -- 7. Conclusion -- Acknowledgment -- References -- Chapter 5. The Continuing Relevance of F.A. Hayek's Political Economy -- 1. Introduction -- 2. Coordination - The Foundation of Hayek's Political Economy -- 3.The Historical Context of The Road to Serfdom -- 4. The Road to Serfdom: The Central Arguments -- 5. Hayek on the State, Individual, Economic Freedom, and the Law -- 6. Conclusion - Hayek's Relevance Today -- Notes -- Acknowledgment -- References -- Chapter 6. Scientific Hermeneutics: A Tale of Two Hayeks -- Hayek as Scientist and Hermeneut -- Hayek the Hermeneut -- Hayek the Scientist -- What is Hermeneutics? -- Historical Notes -- Classical Hermeneutics is not Universal Hermeneutics -- Is Hermeneutics Anti-Science? -- Caldwell and Vanberg on Methodological Dualism -- Methodological Dualism in Dilthey -- Methodological Dualism in Mises.

Hayek the Scientific Hermeneut -- Two Dichotomies are Better than One -- Why It Matters -- Notes -- Acknowledgment -- References -- Chapter 7. Hayek vs. Hayek: A Defence of Moderate Trade Union Activity -- 1. Introduction -- 2. Hayek on Action and Order -- 3. Trade Unions as Economic Actors -- 4. Trade Unions as Political Actors -- 5. Two Results or Too Traditional Results? -- Notes -- Acknowledgment -- References -- Chapter 8. Analogous Models of Complexity: The Austrian Theory of Capital and Hayek'S Theory of Cognition as Adaptive Classifying Systems -- The Austrian Theory of Capital -- Hayek'S Theory of Mind -- Is Capital an Adaptive Classifying System? -- Further Analogies Between Mind and Capital -- Did Hayek Recognize the Analogy? -- Implications for the Theory of the Firm -- Conclusion: Mind, Capital, and Methodological Dualism -- Notes -- Acknowledgement -- References -- Chapter 9. The Firm in Disequilibrium: A Market Process View of Firm Organization and Strategy -- Introduction -- Disequilibrium -- Heterogeneity of Resources -- Knowledge -- Rent and Appropriation -- Conclusion -- Notes -- References.