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The Ludwig von Mises Institute

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The Quarterly Journal of Austrian Economics was nominally founded in 1998, but, in terms of its mission and guiding spirit, it is a continuation, in an expanded and improved form, of the first ten volumes of the semi-annual Review of Austrian Economics, whose founding editor was the late Murray N. Rothbard. The QJAE features the same editorial staff that succeeded Rothbard in the editorship of the RAE beginning with volume 8, number 2.

The mission now, as it was when it was adopted from Rothbard, is "to promote the development and extension of Austrian economics and to promote the analysis of contemporary issues in the mainstream of economics from an Austrian perspective."

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TitleAuthorVolume

Volume 14

Hayek and the 21st Century Boom-Bust and Recession-Recovery John P. Cochran Vol. 14 Num. 3
Hayek's Critique of The General Theory: A New View of the Debate between Hayek and Keynes David Sanz Bas Vol. 14 Num. 3
The Hyperinflation in Zimbabwe Coomer and Gstraunthaler Vol. 14 Num. 3
Rethinking Capital-Based Macroeconomics Adrián O. Ravier Vol. 14 Num. 3
The Perils of Preaching to the Choir? Austrian Economics Journals and Exchanges with the Economics Profession Daniel Sutter Vol. 14 Num. 3
Money or Money Substitutes?: Implications of Selgin's Small Change Challenge Malavika Nair Vol. 14 Num. 2
Systematic Risk, Missing Gold Flows, and the Panic of 1907 Mary Tone Rodgers Vol. 14 Num. 2
The Division of Labor and the Firm: An Austrian Attempt at Explaining the Firm in the Market Per L. Bylund Vol. 14 Num. 2
A Praxeological Assessment of Subjective Value Marian Eabrau Vol. 14 Num. 2
Ludwig H. Mai: A Personal Memoir Robert B. Ekelund, Jr. Vol. 14 Num. 2
A Note on the Canard of "Asymmetric Information" As a Source of Market Failure Thomas J. DiLorenzo Vol. 14 Num. 2
A Note on Nozick's Problem Marek Hudík Vol. 14 Num. 2
Entrepreneurship, Compensation, and the Corporation Henry G. Manne Vol. 14 Num. 1
The Myth of the "Winner's Curse" in Auctions of Capital Goods John Brätland Vol. 14 Num. 1
Robust Political Economy and the Question of Motivations Jakub Bozydar Wisniewski Vol. 14 Num. 1
Calculation and Equilibrium Problems in the Coase Theorem Nicolas Cachanosky Vol. 14 Num. 1
A Note on the Machiavellian Origins of Central Banking in America Thomas J. DiLorenzo Vol. 14 Num. 1
Sylos Labini's Unpublished Notes on Schumpeter's Business Cycles Carmelo Ferlito Vol. 14 Num. 1
Rothians versus a Rothbardian. Review of Walter Block's The Privatization of Roads and Highways, Human and Economics Factors and Gabriel Roth, ed., Street Smart, Competition, Entrepreneurship, and the Future of Roads Laurent Carnis Vol. 14 Num. 1

Volume 13

Why Your Grandfather's Economics Was Better than Yours: On the Catastrophic Disappearance of Say's Law Steven Kates Vol. 13 Num. 4
Fractional Reserve Banking: Some Quibbles Philipp Bagus Vol. 13 Num. 4
Rejoinder to Brooks on Coase and Demsetz Walter E. Block Vol. 13 Num. 4
Note: Wolverines, Razorbacks, and Skyscrapers Greg Kaza Vol. 13 Num. 4
Book Review: Non-Market Entrepreneurship: Interdisciplinary Approaches by Gordon E. Shockley, Peter M. Frank, and Roger Stough, eds. Matt McCaffrey Vol. 13 Num. 4
Book Review: Who Owns the Sky? The Struggle to Control Airspace from the Wright Brothers On. By Stuart Banner Jacob H. Huebert Vol. 13 Num. 4
Symposium Introduction Mark Thornton Vol. 13 Num. 3
A Tribute to Larry Sechrest Joseph T. Salerno Vol. 13 Num. 3
The Poverty of Modern Macroeconomic Theory and Power of Austrian Business Cycle Theory Morgan O. Reynolds Vol. 13 Num. 3
Capital in Disequilibrium: Understanding the "Great Recession" and the Potential for Recovery John P. Cochran Vol. 13 Num. 3
The Term Structure of Savings, the Yield Curve, and Maturity Mismatching Philipp Bagus Vol. 13 Num. 3
Hoover, Bush, and Great Depressions Mark Thornton Vol. 13 Num. 3
Industrial Employment and the Policies of Herbert C. Hoover Douglas W. MacKenzie Vol. 13 Num. 3
Book Review of Free Banking: Theory, History, and a Laissez-Faire Model by Larry Sechrest John P. Cochran Vol. 13 Num. 3
Ownership and Competitive Dynamics Nicolai J. Foss Vol. 13 Num. 2
If a Pure Market Economy Is So Good, Why Doesn't It Exist? The Importance of Changing Preferences Versus Incentives in Social Change Edward P. Stringham Vol. 13 Num. 2
New Perspectives on the Economic Approach to Bureaucracy Laurent A.H. Carnis Vol. 13 Num. 2
The Austrian School in the NBER's Business Cycle Studies Greg Kaza Vol. 13 Num. 2
Short Changing 100 Percent Reserves Mark Thornton Vol. 13 Num. 2
Austrian Business Cycle Theory and the Global Financial Crisis: Confessions of a Mainstream Economist Jerry Tempelman Vol. 13 Num. 1
Cyclical Capital Stock James Keeler Vol. 13 Num. 1
Factor Prices under Monopoly Xavier Mera Vol. 13 Num. 1
Choice and Indifference: A Critique of the Strict Preference Approach Ben O'Neill Vol. 13 Num. 1
The Corporate Income Tax: An Entrepreneurial Perspective Valerio Filoso Vol. 13 Num. 1

Volume 12

Entrepreneurship, Economic Evolution, and the End of Capitalism: Reconsidering Schumpeter's Thesis Matthew McCaffrey Vol. 12 Num. 4
The Quality of Money Philipp Bagus Vol. 12 Num. 4
Geography as Causal in Societal Ascendance: An Austrian Retrospective on Diamond John Brätland Vol. 12 Num. 4
Murder and Inflation in Kentucky Clifford F. Thies Vol. 12 Num. 4
Robbins as Innovator: The Contribution of An Essay on the Nature and Significance of Economic Science Robert F. Mulligan Vol. 12 Num. 4
The Enduring Significance of Robbins Samuel Bostaph Vol. 12 Num. 4
Lionel Robbins: Neoclassical Maximizer or Proto-Praxeologist? Joseph T. Salerno Vol. 12 Num. 4
Entrepreneurship and Economic Growth: The Theory of Emergent Institutions Jack High Vol. 12 Num. 3
Mises, Morgenstern, Hoselitz, and Nash: The Austrian Connection to Early Game Theory Yvan J. Kelly Vol. 12 Num. 3
Well-Informedness and Rationality: A Philosophical Overview Jakub Bozydar Wisniewski Vol. 12 Num. 3
The Economic Theory of Bureaucracy: Insights from the Niskanian Model and the Misesian Approach Laurent A.H. Carnis Vol. 12 Num. 3
Ulrich Fehl's Contribution to Temporal Capital Theory Peter Engelhard Vol. 12 Num. 3
Fama's Efficient Market Hypothesis and Mises's Evenly Rotating Economy: Comparative Constructs Howden David Vol. 12 Num. 2
Profit and Production Art Carden Vol. 12 Num. 2
Cantillon and the Invisible Hand Mark Thornton Vol. 12 Num. 2
Say's Law and the Austrian Theory of the Business Cycle William L. Anderson Vol. 12 Num. 2
Comment on "A Capital-Based Theory of Secular Growth" Lucas M. Engelhart Vol. 12 Num. 2
A Capital-Based Theory of Secular Growth: Reply to Engelhardt Andrew T. Young Vol. 12 Num. 2
The Myth of the Rational Voter: Why Democracies Choose Bad Policies," by Bryan Caplan Mark Steinrich Vol. 12 Num. 2
The Age of Turbulence: Adventures in a New World, by Alan Greenspan Greg Kaza Vol. 12 Num. 2
100 Percent Reserve Money: The Small Change Challenge George Selgin Vol. 12 Num. 1
Product Differentiation and Economic Progress Randall G. Holcombe Vol. 12 Num. 1
A Capital-Based Theory of Secular Growth Andrew T. Young Vol. 12 Num. 1
Rejoinder to Hoppe on Indifference Walter Block Vol. 12 Num. 1
Further Notes on Preference and Indifference: Rejoinder to Block Hans-Hermann Hoppe Vol. 12 Num. 1
A Note on Cartels Yoong-Deok Jeon Vol. 12 Num. 1
Valentin de Foronda: Liberty, Property, and Security Giovanni Patriarca Vol. 12 Num. 1
Review of The Subprime Solution: How Today's Global Financial Crisis Happened, and What to Do About It. By Robert J. Shiller David Howden Vol. 12 Num. 1
Review of Fiscal Sociology and the Theory of Public Finance. By Richard E. Wagner Adam Martin Vol. 12 Num. 1

Volume 11

The Mundane Economics of the Austrian School Peter Klein Vol. 11 Num. 3
The Entrepreneur: Real and Imagined Joseph Salerno Vol. 11 Num. 3
Mises on Monetary Reform: the Private Alternative Jorg Guido Hulsmann Vol. 11 Num. 3
What Austrian Economics Can Teach Historians Thomas Woods Vol. 11 Num. 3
The Great Depression: Mises vs. Fisher Mark Thornton Vol. 11 Num. 3
An Austrian Foundation for Microeconomic Principles John Egger Vol. 11 Num. 3
Austrian Business Cycle Theory in Light of Rational Expectations: The Role of Heterogeneity, the Monetary Footprint, and Adverse Selection in Monetary Expansion Anthony Evans Vol. 11 Num. 2
European Business Fluctuations in the Austrian Framework Miia Parnaudeau Vol. 11 Num. 2
Entrepreneurial Planning in a Regulated Environment: the U.S. Federal Maritime Commission and the Maritime Industry Robert Mulligan Vol. 11 Num. 2
Austrian Business Cycle Theory, Keynes's General Theory, Soaring Wheat Prices, and Subprime Mortgage Write-Downs G. R. Steele Vol. 11 Num. 2
Cantor's Diagonal Argument: An Extension to the Socialist Calculation Debate-A Comment Juliusz Jablecki Vol. 11 Num. 2
Operators are not Parameters, the Dimensions of Operators and Variables Must be Invariant, and Indices may not be Dimensioned: Rejoinder to Professors Folsom and Gonzalez William Barnett Vol. 11 Num. 2
Hayek the Neoclassical Font: A Review Essay on Hayek's Challenge Sudha Shenoy Vol. 11 Num. 2
Benjamin Powell (ed): Making Poor Nations Rich: Entrepreneurship and the Process of Economic Development Yuri Maltsev Vol. 11 Num. 2
John V. C. Nye (ed): War, Wine, and Taxes: The Political Economy of Anglo-French Trade, 1689-1900 Mark Thornton Vol. 11 Num. 2
Monetary Inflation's Effect on Wealth Inequality: An Austrian Analysis Zoran Balac Vol. 11 Num. 1
Production Structure in the Context of International Trade Miroslav Kollar Vol. 11 Num. 1
Coordination Failures, Cluster Theory, and Entrepreneurship: A Critical View Bogdan Glavan Vol. 11 Num. 1
Austrian Business Cycle Theory: A Corporate Finance Point of View Paul Cwik Vol. 11 Num. 1
Histoire du liberalisme en Europe. Wolfgang Grassl Vol. 11 Num. 1
Review of The Soulful Science: What Economists Really Do and Why It Matters by Diane Coyle Samuel Bostaph Vol. 11 Num. 1

Volume 10

Market Socialism and the Property Problem: Different Perspective of the Socialist Calculation Debate Mateusz Machaj Vol. 10 Num. 4
Mathematics, Metaphors and Economic Visualisability Peter J. Phillips Vol. 10 Num. 4
Fritz Machlup's Methodology and The Theory of the Firm Carol M. Connell Vol. 10 Num. 4
A Critique of Adaptive and Rational Expectations Nikolay Gertchev Vol. 10 Num. 4
Review of The Dinosaur Among Us: The World Bank and Its Path to Extinction. By Jeffrey C. Hooke Christopher Westley Vol. 10 Num. 4
Review of When Washington Shut Down Wall Street: The Great Financial Crisis of 1914 and the Origins of America's Monetary Supremacy. by William L. Silber Greg Kaza Vol. 10 Num. 4
A Formal Model in Hayekian Macroeconomics: The Proportional Goods-in-Process Structure of Production Renaud Fillieule Vol. 10 Num. 3
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