Quarterly Journal of Austrian Economics
Author:
Thomas E. Woods, Jr.
Online Publish Date:
Volume 11, No. 3 (2008) Abstract: Austrian economics is a valuable resource for historians. Scholars informed by Austrian array of fallacies — about the stimulative effects of public works projects or the economic benefits of war, for instance — what have insinuated their way into so much 1940 and 1944, real GDP increased at an average annual rate of 13 percent — a growth spurt wholly out of line with any experienced before or since. Moreover, that