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..
A Note on Cartels
Cartels, characterized by activities such as simultaneous price increases or decreases, or virtual price identity at almost the same time, without explicit communications or agreements, have long been discussed.
Capital, Credit, and the Medium Run
Time and Money is a multifaceted achievement. Within its pages the reader will encounter business cycle theory, capital theory, comparative economic thought
The Austrian School in the NBER’s Business Cycle Studies
This paper is a review of Austrian School references in business cycle studies published by the National Bureau of Economic Research.
QJAE Submission Guidelines
The Mises Institute is pleased to accept unsolicited submissions for the Quarterly Journal of Austrian Economics.
America’s Second Great Depression: A Symposium in Memory of Larry Sechrest
The Quarterly Journal of Austrian Economics, Volume 13, Number 3 (2010)
Deflation and Economic Growth
Joseph T. Salerno (2003) argues economic growth has occurred in periods of deflation. The Austrian School’s broad understanding of deflation is underscored by the four definitions offered by Salerno.
Against Polanyi-centrism: Hayek and the Re-emergence of “Spontaneous Order”
F.A. Hayek is known for making a number of important contributions to economics and social thought. If one had to identify a single concept that captures the thrust of Hayek’s intellectual project it would be “spontaneous order.”
Interpreting Caritas: Did Frank Knight and Ludwig von Mises Get it Wrong?
Volume 7, No. 2 (Summer 2004)
Probability, Common Sense, and Realism: A Reply to Hülsmann and Block
In my critique of Austrian economics, I carved out a virtually unique position: Despite the Austrians' professed devotion to "realism” against neoclassical pragmatism, the latter approach is in fact far more realistic than the former.
Deflation: When Austrians Become Interventionists
This paper examines what Austrian economists think about deflation and offers a critique of their views. This seems to be of particular importance because Austrians differ in their opinions about deflation,
Review of Smarter Growth: Market-Based Strategies for Land-Use Planning in the 21st Century, by Randall G. Holcombe and Samuel R. Staley
The push for "smart-growth" development policies typically is accompanied by half-baked assertions, arguments from intimidation, and strategic creativity in interpreting events. Which makes it a standard modern cry for bigger government.
Review of You Don’t Always Get What You Pay For: The Economics of Privatization, by Elliot D. Sclar
Elliot Sclar's book You Don't Always Get What You Pay For: The Economics of Privatization presents an empirical analysis of privatization that he thinks has been lacking.
Review of The Evolution of Austrian Economics: From Menger to Lachmann, by Sandye Gloria-Palermo
Drawing on her doctoral dissertation, Sandye Gloria-Palermo has undertaken a history-of-thought survey of the Austrian tradition from Menger to Lachmann. In the process she considers the works of Böhm-Bawerk,
Review of Economics and Reality, by Tony Lawson
In Lawson’s view, mainstream economics is not a successful discipline. He does not, in analogy to Bhaskar, ask how is existing economics possible? To do so in his view would not generate results of interest.
Child Labor, Family Income, and the Uruguay Round
We are no longer limited to qualitative discussions of the merits of a social clause in the GATT against child labor. Future debates should be in quantitative terms.
