Review of Austrian Economics
Author:
Lowell E. Gallaway
Richard Vedder
Online Publish Date:
stayed constant at 66 cents in 1930; and in both the building and printing trades, union wage scales actually increased in 1930. At a more detailed level, a monthly as in the United States. Is the von Misesian framework useful in explaining the European experience? The answer is clearly “Yes,” and is confirmed by econometric