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In this issue, articles on business cycles, monetary policy, theory of the firm, Brazilian economic freedom, Brazil's recent recession, and French interventionism. Plus six book reviews.

In this issue, the versatility of Austrian insights, including corporate risk evaluation, Great Depression clearinghouse certificates, and debates over foundations of economic theory.

In this issue, Bob Murphy on free banking, Patrick Newman on Rothbard and progressivism, an unpublished chapter from Rothbard's Progressive Era (in print for the first time), and more.

Papers on secular stagnation, underdeveloped economies, free market fiduciary media, and wind power lead this wide-ranging issue of the QJAE.

The Quarterly Journal of Austrian Economics (QJAE) is a refereed journal that promotes the development and extension of Austrian economics and the analysis of contemporary issues in the mainstream of economics from an Austrian perspective.