ABSTRACT: Given the importance of the School of Salamanca, economists of the Austrian School occupy a privileged position with regard to the study of literature. Specifically, they are well suited to understand a foundational text in the modern history of the novel form. Don Quijote de la Mancha (1605/1615) by Miguel de Cervantes (1547–1616) is
The Best American Science and Nature Writing 2017 Hope Jahren, ed. Wilmington, Mass.: Mariner Books, 2017, 352 pp. Jason Morgan (jmorgan@reitaku-u.ac.jp) is an assistant professor at Reitaku University in Chiba, Japan. Quarterly Journal of Austrian Economics 21, no. 2 (Summer 2018) full issue, click here . The Earth’s climate is extraordinarily
Research Handbook on Austrian Law and Economics Todd J. Zywicki and Peter J. Boettke, eds. Northampton, Mass.: Edward Elgar, 2017, 440 pp. Alexandre Padilla (padilale@msudenver.edu) is an Associate Professor of Economics at Metropolitan State University of Denver. Quarterly Journal of Austrian Economics 21, no. 2 (Summer 2018) full issue, click
How Global Currencies Work: Past, Present, and Future Barry Eichengreen, Arnaud Mehl, and Livia Chitu Princeton, N.J.: Princeton University Press, 2018, 250 pp. Carmen Elena Dorobăț (c.dorobat@leedstrinity.ac.uk) is assistant professor of business and economics at Leeds Trinity University in the United Kingdom and a Fellow of the Mises
Appendix On the Coinage Juan de Mariana Translated by Hazzard Bagg Hazzard Bagg (hbagg@lincolnschool.org) is an instructor of Latin and Greek at Lincoln School in Providence, Rhode Island. This translation constitutes pp. 268–278 of the Mainz edition of 1605 of De rege et regis institutione . Quarterly Journal of Austrian Economics 21, no. 2
[ Full Issue of the Quarterly Journal of Austrian Economics 20, no. 4 (2017)] ABSTRACT: According to Hayek’s “theory of the Ricardo Effect” there is a “decline of investment” on the part of the consumer goods industries that starts halfway through the cyclical upswing. This “decline of investment” then gradually leads to the “scarcity of capital”
[ Full Issue of the Quarterly Journal of Austrian Economics 20, no. 4 (2017)] ABSTRACT : Roger Garrison (2001) employs the concept of “secular growth” in which a one-shot (but permanent) fall in time preferences can yield a long string of doses of net investment, so long as gross saving exceeds depreciation. However, Salerno (2001) argues that
[ Full Issue of the Quarterly Journal of Austrian Economics 20, no. 4 (2017)] ABSTRACT : I comment on the controversy around Garrison’s secular growth, with special emphasis on Murphy’s contribution in this issue. I also argue that further research on this area should focus on formally connecting Garrison’s model with neoclassical growth theory.
How Economics Professors Can Stop Failing Us Steven Payson Lanham, MD: Lexington Books, 2017, xiii + 372 pp . Steven Payson, the author of this provocatively title book, is a former career federal government economist who has the temerity to argue that economics could be a useful science if mainstream academic economist theoreticians would simply
The Progressive Era Murray N. Rothbard Edited by Patrick Newman Auburn, AL: Mises Institute, 2017, 600 pp. I have heard people say that Murray Rothbard has been more productive after his death than many academics during their lives. His newest posthumously published book The Progressive Era certainly adds weight to this claim. Edited by Patrick
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.