What Austrian/Libertarian issues would you like to see researched in South-East Asia?

Since it’s my first thread I’d like to introduce myself. I’m in the process of brainstorming for a Ph.D. dissertation proposal in the field of International Relations. More specifically Internationl Poltical Economy.

Often the Libertarian and Austrian issues we read about focus exclusively on USA and Europe. However, SEA is a region full of countries with rather limited government when measured against percentage of GDP.

Just as an example, Cambodia is one of the most Libertarian countries I’ve ever lived in.

This is why I’ve chosen to advance the study of liberty in this region and put pen to paper on a 2-3 year research effort.

I would therefore be extremly grateful to hear which issues you’d like to see explored.

It can be the testing of a theory, a comparative study of two or more countries in the region, basically anything that springs to your mind.

I’m looking forward to reading your suggestions :wink:

Best regards,

Harald

Welcome! Glad to have you here! And it sounds like you might be doing some great stuff!

Personally, I’d like to see more research, especially from an Austrian perspective, on education and/or health care. Specifically, things like number of private institutions v number of public ones, spending and costs of both, and and specific and comprehensive lists of regulations on these markets that affect the spending, costs, use, efficiency, etc.

Hope you stick around here!

Internationl Poltical Economy and open source education. something to do with education and copyrights.

Maybe something to do with black markets providing people with more options?

More approaches from a sociological standpoint…less about abortion, nuclear weapons, and religion.

A study of the economic barriers and loan details imposed by the world bank on third world nations in exchange for loans.

Airlines and oil.

Thank you for the warm welcome and the suggestions :wink:

Although health care is a little outside my area of interest (and knowledge) it’s a topic worthy of studying. But by someone else.

Many countries like Singapore and Thailand have Universal health care. In Singapore they force you to buy insurance Massachusets style. In Thailand it’s free but the state is heavily involved. They force the best doctors at private hospitals to work a couple of days a week at the governemnt run free institutions.

Other than that , I do not know much more.

Yes, I will stick around.

This is a topic that interests me a great deal. It’s quite the paradox that in many South-East Asian countries, the government has constructed the same freedom encroaching market distorting laws that we have in the West.

There’s one major difference here though, there’s always cheap black markets alternatives available. Corruption and payoffs means that the police turn a blind eye to a stall selling DVDs for $3 for example. Same goes for drugs, clothes and even Mercedes dealers that import original parts piecemeal to circumvent the governemnt’s up to 200% import fee on foreign luxury cars.

This is a major topic and I’ll see if I can come up with something more specific

Thank you for all the other suggestions. Keep 'em coming. I’m very gratefull for everyone’s input.

Airlines & Oil: Could you be more specific?

IMF and loan conditions: You mean in relations to the '97 Asian financial crisis?

The rampant growth of South Korea

That is a real shame. I feel that out of all the topics of study, healthcare is one that the austrians need to put a major dent in, especially since it is such a contentious issue. I went digging recently, and all I could come up with were a dozen measly 5 page articles on the topic. You can certainly get far by debating it with praxeological theory; explaining the knowledge problem.

However, as far as hard facts and highly technical details, we lack good literature. Mises nad Rothbard have devoted a couple chapters, but I really want a full treatise on the topic.

Anyway, welcome to the forums. Cain’t wait to see your work.

That is a real shame. I feel that out of all the topics of study, healthcare is one that the austrians need to put a major dent in, especially since it is such a contentious issue. I went digging recently, and all I could come up with were a dozen measly 5 page articles on the topic. You can certainly get far by debating it with praxeological theory; explaining the knowledge problem.

However, as far as hard facts and highly technical details, we lack good literature. Mises nad Rothbard have devoted a couple chapters, but I really want a full treatise on the topic.

Anyway, welcome to the forums. Cain’t wait to see your work.

http://library.mises.org/books/Ludwig%20von%20Mises/Misess%20Suggested%20Research%20Topics,%201950-1968.pdf

There might be something worthwhile in there.

(Ludwig Von Mises institute…I had to make sure someone suggested what Von Mises himself suggested)

Certainly I think a study of Structural Adjustment Programs in African countries and their failure to produce many positive effects would be an interesting topic - from what i’ve read the majority of them (and based on the principles upon which they are formed) are self-contradictory, currency devaluation on the one hand, whilst minimization of inflation as two simultaneous remits of such policies, as well as artificially high interest rates (yes! artificially high!). could allow some room to deal with problems that are not normally in the remit of Austrian analysis (that is, the majority of ABCT being related to the effects of LOW interest rates) and also allowing to show that these “market-liberal” policies are not actually congruent with the effects they are trying to achieve, due to the apparent lack of understanding as to the causes of the phenomena which they are trying to stop. Don’t know to what extent there is enough to analyse there, but I think it’s also an important way to bring Austrian analysis more holistically to a stage at which it can be used to solve not only problems found in developed countries but also those, which could be considered of greater importance, in developing countries. Add to this some understanding of the differences (or similarities!) between the policies used by such governments for “development” and those used by wealthier countries, effects on capital accumulation, monetary policy, fiscal policy, market regulation, etc. and you could have something interesting to look at.

This has been covered from hundreds of different perspectives as it forms part of the East Asian Tigers story.

I’d like to cover something which haven’t been looked at before. Hence my focus further South down to South-East Asia :wink:

The Texas Trigger: "as far as hard facts and highly technical details, we lack good literature. Mises nad Rothbard have devoted a couple chapters, but I really want a full treatise on the topic. "

Good point on health care. It’s worthy of a broader study

Thank you for the link Fephisto. I’ll scrutinize every suggestion in it :wink:

Wegreenall: “I think it’s also an important way to bring Austrian analysis more holistically to a stage at which it can be used to solve not only problems found in developed countries but also those, which could be considered of greater importance, in developing countries. Add to this some understanding of the differences (or similarities!) between the policies used by such governments for “development” and those used by wealthier countries, effects on capital accumulation, monetary policy, fiscal policy, market regulation, etc. and you could have something interesting to look at”

Yes, there’s plenty to look at here. I’m leaning towards something related to market regulations and cronyism/rent-seeking elites, either as a single case or comparative study.

Personally I’m very interested in capitalism and development issues. Especially how some governments implement policies that restrict economic growth and freedom in their countries. Once I have a topic which haven;t been properly researched or dealt with from my perspective yet, I’ll make sure to tie it into the broader monetary and fiscaly policy picture.

Off the top of my head…

-The disproportionately high costs of the EU.

-Friendly societies and pre-state welfare systems.

-Healthcare, including European systems.

-Surviving crashes and profiting from them. I’d like to see some Austrian attention to the likes of Kiyosaki and also more Austrian analysis undertaken of Schiff and Mish (who are both self-proclaimed libertarians.)

-The Eastern economies.

-I’d like to see more on game theory, seeing as it was developed by an Austrian. Also, more on parsing Austrian econ in formal logic and how it can fruitfully employ mathematical techniques for purposes of economic research would be useful, as this is compatible with the school’s overarching epistemological stance.

-Updates in methodological debates on mainstream econ and beyond. I think Austrianism would benefit from surveying recent work on logic, metaphysics etc. and critiquing it/learning from whatever good insights it has.

-Finance theory from an Austrian PoV.

-Environmentalism/pollution.

-Further research on libertarian justifcations of property rights and a headway to formalising how we deal with “thorny” issues, like standards of appropriation (I still think these will necessarily be conventional in nature, unlike the right to property itself), children’s rights, animal rights etc. I think both the Hoppean/de Jasay approach and the neo-Aristotelian approach (Rasmussen/den Uyl) can be further elaborated. Attention to Jeremy Waldron’s arguments on Lockean property rights (discussed today by David Gordon; I am familiar with the author beforehand) and attempts at justifying the state and elaboration into a fuller line of attack against such views.

-More could be written on the concept of psychological harm (and manipulation) and harm in general. This is an area that inherently suffers from vagueness, but more conceptual precision can never hurt.

-Related to this, work on libertarian styles of parenting and how to avoid child abuse.

-Also related to it, research on advertising and delineating cases of it where it is fraudulent/highly manipulative and “legitimate”/informative etc.

-A critique of the media.

-Russia/Eastern Europe after de-socialising.

-Austrian sociological theory.

-More political analysis.

-A lot more work on crony capitalism.

-Thymological application of the socialist calculation problem to modern world economies/goverments and their atrocious attempts at solving “social problems”.

-Some in-depth work on inflationist vs deflationist strains of Austrianism and on the divergent ways booms can end up.

-A survey of modern economic works on MW laws (some still insist on arguing they “work”).

-This is very important - I’d like to see an Austrian perspective away from labour-intensive societies to ones where ownership of firms becomes the predominant means of earning income. I think as automation increases, this shift will come about provided the gov’t gets out of the way.

-I do think some attention needs to be given to David Graeber’s work on the origins of money. Whether he is right or wrong, it’s something Austrians would benefit from examining.

-A LOT more on financial “deregulation”. There is so much over-regulation that this claim that markets are “deregulated” needs to be blown into outer space.

-The internet. It owes a lot less to the government than is commonly assumed, so more research needs to be done here.

-Science with the state out of the way.

-The moral and economic implications of upcoming technologies like life extension, genetic modification and increasing integration of machines and humans.

There’s already some great papers on these topics, but more can be said as always. Some of these topics come up often by statists as “proof” that libertarianism fails blah blah, and there are very good responses to them but they would benefit from a more systematic treatment. Marxian/Keynesian economics as always require on-going attention until they are fully laid to death, but I’d say more attention should also be paid to the likes of Sraffa, even if his works only tangentially touch on Austrian themes.