Journals

Displaying 1 - 10 of 2900

The Economics of War

Papers of InterestAugust 18, 2015
Rothbard puts forth a "rational war economy" system for governments to fund their war efforts without stripping the public of liberty and retaining the maximum degree of economic freedom...

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Tax Day

Libertarian Forum 1969–1984July 27, 2015
The first great lesson to learn about taxation is that taxation is simply robbery. No more and no less.

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The New Menace of Gandhism

Libertarian Forum 1969–1984July 24, 2015
Murray Rothbard discusses the veil of sanctity that has been wrapped around Gandhi by his numerous disciples and exposes his thoughts to the rigors of individual freedom and genuine civil disobedience.

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Transparency or Deception: What the Fed Was Saying in 2007

Papers of InterestMarch 25, 2015
This paper examines the communications of officials from the Federal Reserve during 2007, the year between the end of the housing bubble and the beginning of the financial crisis.

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Why the Austrians Are Wrong about Depressions

Review of Austrian Economics, Volumes 1-10February 19, 2015
For many years, I have been critical of the Austrian theory of depressions and this led Walter Block to ask me to put my criticisms in print. Since in oral discussions, I am frequently accused of misrepresenting the theory, I asked him to give me a canonical version and he gave me the Rothbard...

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RAE_2_1_4.pdf

PDF (508.02 KB)

Legal Polycentrism, the Circularity Problem, and the Regression Theorem of Institutional Development

Quarterly Journal of Austrian EconomicsFebruary 3, 2015
ABSTRACT : The circularity problem states that before legal polycentrists can employ price theoretic arguments about market competition, they must first show that legal polycentrism is able to instantiate the institutional framework within which property rights are protected and contracts are...

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The Depression of 1873–1879: An Austrian Perspective

Quarterly Journal of Austrian EconomicsFebruary 2, 2015
Earlier drafts of this paper were presented at the 2012 Mises Institute Summer Fellowship program, the 2012 Society for the Development of Austrian Economics (SDAE) meeting, two 2013 IHS colloquia, and at a 2013 Mercatus Center Graduate Student Paper Workshop (GSPW) roundtable discussion. The...

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Review of Masters of the Universe: Hayek, Friedman, and the Birth of Neoliberal Politics by Daniel Stedman Jones

Quarterly Journal of Austrian EconomicsFebruary 2, 2015
Book Review by Greg Kaza Masters of the Universe: Hayek, Friedman, and the Birth of Neoliberal Politics Critics of neoliberalism and its variants including Misesianism have responded to its emergence in two distinct ways: pejoratively, 1 or scholarly discourse that seeks to engage neoliberal...

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QJAE_17_4_Kaza.pdf

PDF (235.55 KB)

Money: How the Destruction of the Dollar Threatens the Global Economy—and What We Can Do About It by Steve Forbes and Elizabeth Ames

Quarterly Journal of Austrian EconomicsJanuary 30, 2015
Money is an odd book. “Moderation” in the use of a bad measure is no virtue. If cyanide is poison, “drink in small doses” is not the appropriate response. Money falls exactly into this bad pattern...

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The Marginal Efficiency of Capital: A Comment

The Journal of Libertarian StudiesJanuary 30, 2015
ABSTRACT : The impact of interest rates on investment choices is a key element in both Keynesian and Austrian theories of the business cycle. Fuller (2013) compares the Keynesian Marginal Efficiency of Capital approach to the Austrian Net Present Value approach, claiming that the two give different...

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