The latest scholarship developing the Austrian School of economic thought.
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.
The QJAE Blog Editors and Editorial Board Submission Information
Book Review: _Criminal (In)Justice: What the Push for Decarceration and Depolicing Gets Wrong and Who It Hurts Most_
Tate Fegley reviews Rafael Mangual's timely new book that challenges the dominant narratives on criminal justice reform.
Book Review: _A Guide to Good Money: Beyond the Illusions of Asset Inflation_
An excellent primer for those who wish understand the opacities of modern money, Brown and Pringle's new book also suggests monetary reforms, including a gold standard. Review by Joseph Solis-Mullen.
Book Review: _Why Managers Matter: The Perils of the Bossless Company_
Ulrich Möller reviews Nicolai Foss and Peter Klein's new book on the role of management in companies, finding it a versatile and balanced corrective to trendy but hollow concepts.
A Brief Note on Indifference
The only preference that is relevant to the understanding of purposeful human action is the preference of ends, and indifference of ends cannot exist, says Manuel García.
An Austrian Critique of Passive Investing
The passive portfolio’s construction is the product of subjective human judgment just as the actively managed portfolio is; passive investing merely involves a different kind of judgment.
Eugen von Böhm-Bawerk’s “Interest Theory of 1876”
The inaccessibility of Böhm-Bawerk's "Interest Theory of 1876" is baffling, given his statement that it is an early outline of all his future work. This is its first English translation.
