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..
![Quarterly Journal of Austrian Economics](https://cdn.mises.org/styles/responsive_6_9_650w/s3/images/2024-02/QJAE_9x9_20240207.jpg.webp?itok=1ojnQ_DL 650w,https://cdn.mises.org/styles/responsive_6_9_870w/s3/images/2024-02/QJAE_9x9_20240207.jpg.webp?itok=o1DNU2bu 870w,https://cdn.mises.org/styles/responsive_6_9_1090w/s3/images/2024-02/QJAE_9x9_20240207.jpg.webp?itok=qE_OGYt4 1090w,https://cdn.mises.org/styles/responsive_6_9_1310w/s3/images/2024-02/QJAE_9x9_20240207.jpg.webp?itok=OKTUkO_w 1310w,https://cdn.mises.org/styles/responsive_6_9_1530w/s3/images/2024-02/QJAE_9x9_20240207.jpg.webp?itok=GQDhMVtu 1530w)
Explaining Malinvestment and Overinvestment
Larry Sechrest provides a concise (4000-word) explanation of the concepts of malinvestment and overinvestment and how they help us understand economic depressions and the boom-bust cycle.
Natural and Neutral Rates of Interest in Theory and Policy Formulation
The so-called art of central banking lies in picking the "right" target interest rate. But, there's no way to know the "correct" rate without giving markets freedom from central bankers.