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: _The Myth of American Inequality: How Government Biases Policy Debate_
Gramm, Ekelund, and Early's important new book shows how government agencies ignore welfare benefits and taxes when calculating actual income, resulting in overblown poverty and inequality numbers.
Book Review: _21st Century Monetary Policy: The Federal Reserve from the Great Inflation to COVID-19_
Greg Kaza reviews Ben Bernanke's new retrospective on the Fed, which contains interesting admissions but still exhibits a "state of denial" about the Fed's role in creating crises.
Book Review: _Crack-Up Capitalism: Market Radicals and the Dream of a World without Democracy_
Quinn Slobodian's misplaced concerns about the exploitation of workers surface in his "Crack-Up Capitalism," which displays an obsession with the evils of competition and seceding communities.
Book Review: _Capitalism: The Story behind the Word_
Chris Calton reviews Michael Sonenscher's criticism of capitalism and the division of labor.
ESG en Route to Etatism
ESG, "environmental, social, and governance" standards, distort incentives, advantage large firms over small businesses, empower special interest groups, and lead to a probable breach of fiduciary duties, says Allen Mendenhall.
Common Fallacies in the 2023 Debt-Ceiling Debates
Is it unconstitutional to enforce a debt ceiling? Has the US government really never defaulted? Is there no alternative to raising the debt ceiling? Kupiec and Pollock investigate common claims.
Étatisme as the Root of Development Economics
The roots of development economics are embedded in affirmations of the state, as political ideas in the 17th and 18th centuries and the 20th century progressive movement show.