Quarterly Journal of Austrian Economics, vol. 20, no. 4, 2017

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..

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Quarterly Journal of Austrian Economics
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David Gordon

If capitalism has been so bad for the poor, how can it be that the standard of living for the poor has vastly increased?

David Gordon

What should be done to end the Progressives influence over government and the economy and to promote the public good?

Per Bylund

Entrepreneurship is a double-edged sword. Using policy to support entrepreneurship is a balancing act between productive and unproductive behavior.

Per Bylund

This is a short and informative but easy to read answer to both how and why the Scandinavian welfare states seem to work so well.

Alexandru Pătruți

This paper looks at the differences between investment and cash building and if either one offers additional benefits.

Michaël Bauwens

Furthering the discussion about “How can we reconcile the idea that there are laws of human action, that manifest themselves in market prices and the structure of production, with the idea that there is also freedom of choice?”

Igor Wysocki

This is a discussion of the debate on indifference within the remit of praxeology, as unfolded between Hans-Hermann Hoppe and Walter Block.

Nicolás Cachanosky

Furthering the debate of whether or not Garrison's secular growth is consistent with neoclassical growth theory, in particular with Solow’s model.

Robert P. Murphy

The present paper clarifies ambiguities from earlier discussions of whether Garrison’s usage of “secular growth” is more likely to resonate with a neoclassical or Austrian reader.

Philip Ruys

The author rebuilds the theory of the Ricardo Effect around the alternative theses that a decline of investment by both the machine producing industries and the raw materials industries leads to the “scarcity of capital.”