Economics is often used in literary studies, but rarely free market economics. Austrian economics, with its emphasis on subjective value (Menger), human action (Mises), spontaneous order and knowledge (Hayek), and entrepreneurship (Kirzner), seems a particularly fruitful source of ideas for literary studies.
Friday, December 10, 2010
Make Everybody Rich
Frederick Turner (who introduced me to Austrian economics through Hayek's work) wrote that if we Make Everybody Rich through embracing capitalism, it will result in a renaissance in the arts.