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  1. Peter J. Boettke & Kyle W. O'Donnell (2013). The Failed Appropriation of FA Hayek by Formalist Economics. Critical Review 25 (3-4):305-341.
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  2. Peter J. Boettke & Peter T. Leeson (2005). Still Impossible After All These Years: Reply to Caplan. Critical Review 17 (1-2):155-170.
    Abstract Socialism is strictly ?impossible.? Its impracticability is not, as Bryan Caplan has suggested, a ?quantitative? matter, nor does he show that real?world socialism's incentive problems outweighed its informational ones. Caplan's criticism of Ludwig von Mises's critique of the ?possibility? of socialism fails to appreciate what he meant by ?socialism? and misunderstands Mises's argument about economic calculation. History, too, suggests that socialism's informational deficiency was the most significant problem facing those who tried to implement socialism.
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  3. Peter J. Boettke & Peter T. Leeson (2005). Socialism: Still Impossible After All These Years. Critical Review 17 (1-2).
     
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  4. Peter J. Boettke (2004). Obituary. Don Lavoie (1950–2001). Journal of Economic Methodology 11 (3):377-379.
  5. Peter J. Boettke & J. Robert Subrick (2002). From the Philosophy of Mind to the Philosophy of the Market. Journal of Economic Methodology 9 (1):53-64.
    John Searle has argued against the viability of strong versions of artificial intelligence. His most well-known counter-example is the Chinese Room thought experiment where he stressed that syntax is not semantics. We reason by analogy to highlight previously unnoticed similarities between Searle and F.A. Hayek's critique of socialist planning. We extend their insights to explain the failure of many reforms in Eastern Europe in the 1990's.
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  6. Peter J. Boettke (2000). The Legacy of FA Hayek. Politics, Philosophy, and Economics 3.
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  7. Peter J. Boettke (1998). Formalism and Contemporary Economics: A Reply to Hausman, Heilbroner, and Mayer. Critical Review 12 (1-2):173-186.
    Abstract Economic formalism crowds out the analysis of change and adjustments to change under capitalism. The style of analytical narrative that was practiced by the first generation of neoclassical economists, in contrast, is more productive of genuine economic understanding. Despite Daniel Haus?man's challenging argument to the contrary, I maintain that Joseph Stiglitz's work is formalist at its core. While I agree with Robert Heilbroner's critique of contemporary economics, there is a limited sense in which nonformalist economics can rely on universalistic (...)
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  8. Peter J. Boettke (1997). Where Did Economics Go Wrong? Modern Economics as a Flight From Reality. Critical Review 11 (1):11-64.
    Abstract F. A. Hayek's realistic economic theory has been replaced by the formalistic use of equlibrium models that bear little resemblance to reality. These models are as serviceable to the right as to the left: they allow the economist either to condemn capitalism for failing to measure up to the model of perfect competition, or to praise capitalism as a utopia of perfect knowledge and rational expectations. Hayek, by contrast, used equilibrium to show that while capitalism is not perfect, it (...)
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  9. Peter J. Boettke (1997). What Went Wrong with Economics? Equilibrium as a Flight From Reality. Critical Review 11 (1):11-64.
    F. A. Hayek's realistic economic theory has been replaced by the formalistic use of equlibrium models that bear little resemblance to reality. These models are as serviceable to the right as to the left: they allow the economist either to condemn capitalism for failing to measure up to the model of perfect competition, or to praise capitalism as a utopia of perfect knowledge and rational expectations. Hayek, by contrast, used equilibrium to show that while capitalism is not perfect, it contains (...)
     
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  10. Peter J. Boettke (1991). “The Soviet Experiment with Pure Communism”: Rejoinder to Nove. Critical Review 5 (1):123-128.
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  11. Peter J. Boettke (1990). Individuals and Institutions. Critical Review 4 (1-2):10-26.
    ECONOMICS AND INSTITUTIONS: A MANIFESTO FOR MODERN INSTITUTIONAL ECONOMICS by Geoffrey Hodgson Philadelphia: University of Pennsylvania Press, 1988. 365pp., $39.95 Traditional institutional economics argued that the methodological individualism of both classical and neoclassical economics was grounded in a false conception of human nature and a pre?scientific understanding of economic life. Geoffrey Hodgson has provided a restatement of this position and extended the institutionalist critique to modern developments within economics at both a positive and normative level. In the course of doing (...)
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  12. Peter J. Boettke (1990). Institutions and Individuals. Critical Review 4 (1-2):10-26.
     
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  13. Peter J. Boettke (1988). The Soviet Experiment with Pure Communism∗. Critical Review 2 (4):149-182.
    Following the October Revolution of 1917 the Bolsheviks embarked upon a series of initiatives in order to bring about a socialist economic order. Traditional accounts of these events?"War Communism?; and the New Economic Policy?are deficient in two respects. First, they do not consider the policy implications of early twentieth?century Marxism. Second, they do not appreciate the economic coordination problems such policies would, and did, encounter. As a result, the standard account of early Soviet socialism is distorted. This paper attempts to (...)
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