Other Schools of Thought

While not Austrian, the body of work by Hart and Holmström is worth careful study and has interesting implications for Austrians.

In free-market circles, most government intervention is dismissed as "socialist," with the result that the term has lost its true meaning.

Unexpectedly, John Maynard Keynes's critique of economist Jan Tinbergen's econometrics offers some sound insights.

Thanks to the great Tatsuya Iwakura, who has translated numerous books by Austrian economists into Japanese, The Austrian Theory of the Trade Cycle and Other Essays, edited by Richard Ebeling, is now available as a Kindle book in Japanese.