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Fall 2010
ISSN 0890-913X
Volume 26, Number 1

The Power of Ideas: The "Peter Boettke" Strategy for Advancing the Science of Prosperity

Jennifer Dirmeyer, Hampden-Sydney College
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TheJournalofPrivateEnterprise26(1),2010,117-124ThePowerofIdeas:ThePeterBoettkeStrategyforAdvancingtheScienceofProsperityJenniferDirmeyerHampden-SydneyCollegeAbstractThisarticleexaminesthestrategythatPeterBoettkeemploystoadvancethescienceofprosperity.Thestrategyisdesignedtoproduceresearchthatisgroundedingoodeconomicsandhasthepotentialtocreatesocialchange.Tothatendheadvocatesresearchthatisgood,charitable,andrelevantasameanstoincreasethelegitimacyofspontaneousordersolutionstosocialchallenges.JELCodes:A31,B13,B53,P16Keywords:Austrian;PoliticaleconomyI.IntroductionIenteredthegraduateprogramineconomicsatGeorgeMasonUniversityinfall2004asaresearchassistanttoDr.PeterBoettke,anhonorIdidnotfullyappreciateatthetime.Duringoursecondconversation,aswewerediscussingapaperhewaswriting,hecalledoneofourmutualacquaintancescrazy.”Ireplied;Hello,pot.Thisiskettlecalling.”Hisresponse,tolaughandthenrepeattheexchangetoeveryonethatweknew,isindicativeoftheradicaldivergencePeteBoettkestreatmentofgraduatestudentstakesfromthenorm.Insteadofhiringgraduatestudentsasinputsintohisproductionofresearch,herecruitsnascentcreatorsofeconomicresearchaspartners.ThisstrategyreflectsBoettkesvisionofeconomicsasaforcedirectingsocialchangeandisreflectedinthemissionoftheMercatusCenter,whereheistheVicePresidentforResearch;Ourmissionistogenerateknowledgeandunderstandingofhowinstitutionsaffectthefreedomtoprosperandfind117
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