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, November 18, 2011
The Rise of Ayn Rand on Campus
Over at Minding the Campus, there is an interesting article on The Rise of Ayn Rand on Campus. The reason Rand comes up occasionally here is because of the fact that she identified Mises' economics as closest to her own. She is thus in the Austrian economics tradition (even if her literary theory is not necessarily valid -- or necessarily invalid -- to what we are doing here). The article is of note because if Rand's works are increasing in popularity on campuses, this suggests the conditions are improving for our kind of analysis of literature.
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