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The Ludwig von Mises Institute

Tu Ne Cede Malis

Advancing the scholarship of liberty in the tradition of the Austrian School for 30 years

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The Review of Austrian Economics, the predecessor to the QJAE, was founded and edited by Murray N. Rothbard and functioned as the premier Austrian School scholarly journal between 1987 and 1997. After 1995, it was edited by Walter Block, Hans-Hermann Hoppe, and Joseph T. Salerno. Published first by Lexington Books and later by Kluwer Academic Publishers, the journal played a central role in attracting a new generation of economists to the theoretical foundations established in the work of Carl Menger and Ludwig von Mises. It is now permanently archived on this site. The contents of volumes 11 and following are available here


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Volume 10

A Theory of the Theory of Public Goods Randall G. Holcombe Vol. 10 Num. 1
The Option Clause in Free-Banking Theory and History: A Reappraisal Parth Shah Vol. 10 Num. 2
In Defense of Fundamental Analysis: A Critique of the Efficient Market Hypothesis Frank Shostak Vol. 10 Num. 2
Knowledge, Judgement, and the Use of Property Jörg Guido Hülsmann Vol. 10 Num. 1
On Certainty and Uncertainty, Or: How Rational Can Our Expectations Be? Hans-Hermann Hoppe Vol. 10 Num. 1
Government Family Planning: Effects and Incentives Jacqueline R. Kasun Vol. 10 Num. 2
Statistical Malfeasance and Interpreting Economic Phenomena Richard Vedder Vol. 10 Num. 2
The Pareto Rule and Welfare Economics Jeffrey M. Herbener Vol. 10 Num. 1
The Recession of 1990: An Austrian Explanation Arthur Middleton Hughes Vol. 10 Num. 1
Some Austrian Perspectives on Unintended Consequences Lowell Gallaway Vol. 10 Num. 2
Block's Erroneous Interpretations Harold Demsetz Vol. 10 Num. 2
How Different Were Röpke and Mises? Ivan Pongracic Vol. 10 Num. 1
Calculation and Knowledge: Let's Write Finis Leland B. Yeager Vol. 10 Num. 1
Fiat Money as an Administrative Good Yuri Kuznetsov Vol. 10 Num. 2
George Reisman. Capitalism: A Treatise on Economics Alexander Tabarrok Vol. 10 Num. 2
Frank M. Machovec. Perfect Competition and the Transformation of Economics William D. Curl Vol. 10 Num. 1
Paul Krugman. Pop Internationalism David Gordon Vol. 10 Num. 1
Karen I. Vaughn. Austrian Economics in America: The Migration of Tradition Robert Ekelund, Jr. Vol. 10 Num. 2
Robert Skidelsky. The Road From Serfdom: The Economic and Political Consequences of the End of Communism David Gordon Vol. 10 Num. 1

Volume 9

Economic Calculation and the Limits of Organization Peter G. Klein Vol. 9 Num. 2
Free Banking and the Free Bankers Jörg Guido Hülsmann Vol. 9 Num. 1
Portfolio Management of the Free Banks of Illinois: An Examination of Historical Allegations Salim Rashid Vol. 9 Num. 1
Cartels as Efficient Productive Structures Pascal Salin Vol. 9 Num. 2
The Myth of Natural Monopoly Thomas J. DiLorenzo Vol. 9 Num. 2
Hayek, Business Cycles, and Fractional Reserve Banking: Continuing the De-Homogenization Process Walter Block Vol. 9 Num. 1
The Myth of the Income Effect Pascal Salin Vol. 9 Num. 1
New Light on the Prehistory of the Theory of Banking and the School of Salamanca Jesùs Huerta de Soto Vol. 9 Num. 2
In Defense of Fiduciary Media -- or, We Are Not Devo(lutionists), We Are Misesians! George Selgin Vol. 9 Num. 2
Hayek: Some Missing Pieces Anthony de Jasay Vol. 9 Num. 1
Vertical Restraints and the Retail Free Riding Problem: An Austrian Perspective David W. Boyd Vol. 9 Num. 1
Central Banking, Free Banking, and Financial Crises Roger W. Garrison Vol. 9 Num. 2
Who Owes What, and To Whom? Public Debt, Ricardian Equivalence, and Government Form Richard E. Wagner Vol. 9 Num. 2
Rejoinder: Salerno on Calculation, Knowledge, and Appraisement Leland B. Yeager Vol. 9 Num. 1
Reflections on the Misesian Legacy in Economics Israel M. Kirzner Vol. 9 Num. 2
A Final Word: Calculation, Knowledge, and Appraisement Joseph T. Salerno Vol. 9 Num. 1
Calculation and the Question of Arithmetic Jeffrey M. Herbener Vol. 9 Num. 1
Keynes Was a Keynesian Roger W. Garrison Vol. 9 Num. 1
Intimidation by Rhetoric Murray N. Rothbard Vol. 9 Num. 1
Murray N. Rothbard. Economic Thought Before Adam Smith (vol. I) and Classical Economics (vol. II) Leland B. Yeager Vol. 9 Num. 1
Socialism: A Property or Knowledge Problem? Hans-Hermann Hoppe Vol. 9 Num. 1

Volume 8

The Federal Reserve: Then and Now Roger W. Garrison Vol. 8 Num. 1
Arthur Marget in the Austrian Tradition of the Theory of Money John B. Egger Vol. 8 Num. 2
A Critical Analysis of Central Banks and Fractional-Reserve Free Banking Jesús Huerta de Soto Vol. 8 Num. 2
Sticky Wages, Efficiency Wages, and Market Process Don Bellante Vol. 8 Num. 1
Total Repeal of Antitrust Legislation: A Critique of Bork, Brozen, and Posner Walter Block Vol. 8 Num. 1
Egalitarianism and the Elites Murray N. Rothbard Vol. 8 Num. 2
Ethics, Efficiency, Coasian Property Rights, and Psychic Income: A Reply to Harold Demsetz Walter Block Vol. 8 Num. 2
Ludwig von Mises's Monetary Theory in Light of Modern Monetary Thought Joseph T. Salerno Vol. 8 Num. 1
Justice and Redistributive Taxation: James Buchanan versus Ludwig von Mises David Gordon Vol. 8 Num. 1
Information and the Market Economy: A Note on a Common Marxist Fallacy Nicolai Juul Foss Vol. 8 Num. 2
James M. Buchanan. Ethics and Economic Progress David Gordon Vol. 8 Num. 2

Volume 7

Hyperinflation and Hyperreality: Thomas Mann in Light of Austrian Economics Paul A. Cantor Vol. 7 Num. 1
Banning a Risky Product Cannot Improve Any Consumer's Welfare (Properly Understood), with Applications to FDA Testing Requirements Robert Higgs Vol. 7 Num. 2
Slavery, Profitability, and the Market Process Mark Thornton Vol. 7 Num. 2
The Theory of the Firm: The Austrians as Precursors and Critics of Contemporary Theory Nicolai Juul Foss Vol. 7 Num. 1
F.A. Hayek on Government and Social Evolution: A Critique Hans-Hermann Hoppe Vol. 7 Num. 1
How is Fiat Money Possible?-or, The Devolution of Money and Credit Hans-Hermann Hoppe Vol. 7 Num. 2
The Consumption Tax: A Critique Murray N. Rothbard Vol. 7 Num. 2
The Philosophical Contributions of Ludwig von Mises David Gordon Vol. 7 Num. 1
The Contributions of W.H. Hutt John B. Egger Vol. 7 Num. 1
Mises and Hayek on Calculation and Knowledge Leland B. Yeager Vol. 7 Num. 2
Reply to Leland B. Yeager Joseph T. Salerno Vol. 7 Num. 2
A Note on Jean-Baptiste Say and Carl Menger Regarding Value Kenneth K. Sanders Vol. 7 Num. 1
Mark A. Kleiman. Against Excess: Drug Policy for Results Mark Thornton Vol. 7 Num. 1
The Philosophy of Austrian Economics Barry Smith Vol. 7 Num. 2
Second Thoughts on The Philosophical Origins of Austrian Economics David Gordon Vol. 7 Num. 2

Volume 6

Ludwig von Mises on Principle Larry J. Eshelman Vol. 6 Num. 2
The Development Of Keynes's Economics: From Marshall to Millennialism Joseph T. Salerno Vol. 6 Num. 1
How and How Not To Desocialize Murray N. Rothbard Vol. 6 Num. 1
The Impetus for Recognizing Private Property and Adopting Ethical Behavior in a Market Economy: Natural Law, Government Law, or Evolving Self-Interest Bruce L. Benson Vol. 6 Num. 2
The Protectionist Roots of Antitrust Donald J. Boudreaux Vol. 6 Num. 2
The Role of Entrepreneurship in Desocialization Jeffrey M. Herbener Vol. 6 Num. 1
Aurophobia: or, Free Banking on What Standard? A Review of Gold, Greenbacks, and the Constitution, by Richard H. Timberlake Murray N. Rothbard Vol. 6 Num. 1
Toward a Deconstruction of Utility and Welfare Economics David Gordon Vol. 6 Num. 2
Mises and Hayek Dehomogenized Joseph T. Salerno Vol. 6 Num. 2
Bruce L. Benson. The Enterprise of Law David Gordon Vol. 6 Num. 1
Paul Edward Gottfried. Carl Schmitt: Politics and Theory David Gordon Vol. 6 Num. 1
Tibor Machan. Capitalism and Individualism David Gordon Vol. 6 Num. 2
Henry B. Veatch. Swimming Against the Tide in Contemporary Philosophy David Gordon Vol. 6 Num. 2
Donald R. Hoke. Ingenious Yankees: The Rise of the American System of Manufactures in the Private Sector Murray N. Rothbard Vol. 6 Num. 1
David Schmidtz. The Limits of Government David Gordon Vol. 6 Num. 1

Volume 5

The Great Depression of 1946 Richard K. Vedder Vol. 5 Num. 2
Eighteen Problematic Propositions in the Analysis of the Growth of Government Robert Higgs Vol. 5 Num. 1
An Evolutionary Contractarian View of Primitive Law: The Institutions and Incentives Arising Under Customary Indian Law Bruce L. Benson Vol. 5 Num. 1
Ludwig von Mises and the Austrian School of Economics Jeffrey M. Herbener Vol. 5 Num. 2
The End of Socialism and the Calculation Debate Revisited Murray N. Rothbard Vol. 5 Num. 2
Austrian Capital and Interest theory: Wieser's Contribution and the Menger Tradition A.M. Endres Vol. 5 Num. 1
New Classical and Old Austrian Economics: Equilibrium Business Cycle Theory in Perspective Roger W. Garrison Vol. 5 Num. 1
De-Socialization in a United Germany Hans-Hermann Hoppe Vol. 5 Num. 2
The Preferred Tax Type: Comment on Herbener Alexander Tabarrok Vol. 5 Num. 2
Marxism, Capitalism, and Mercantilism A Review of Traders Versus the State, by Garcia Clark David Osterfeld Vol. 5 Num. 1
Israel M. Kirzner. Discovery, Capitalism, and Distributive Justice David Gordon Vol. 5 Num. 1
Comment on Preferred Tax Type: Reply to Tabarrok Jeffrey M. Herbener Vol. 5 Num. 2
Bettina Bien Greaves, ed., Ludwig von Mises, Economic Freedom and Interventionism: An Anthology of Articles and Essays Roger W. Garrison Vol. 5 Num. 2
Philip Mirowski. More Heat Than Light: Economics as Social Physics, Physics as Nature's Economics David Gordon Vol. 5 Num. 1
Robert Formaini. The Myth of Scientific Public Policy David Gordon Vol. 5 Num. 1
Morris Silver. Fountains of Economic Justice David Gordon Vol. 5 Num. 1
Donald N. McCloskey. If You're So Smart: The Narrative of Economic Expertise David Gordon Vol. 5 Num. 2
Jonathan Wolff. Robert Nozick: Property, Justice, and the Minimal State David Gordon Vol. 5 Num. 2

Volume 4

Eugen Richter and Late German Manchester Liberalism: A Reevaluation Ralph Raico Vol. 4 Num. 1
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