Quarterly Journal of Austrian Economics, vol. 27, no. 1, 2024

New scholarship in Austrian economics, including Nicholas Eberstadt’s 2023 lecture on COVID and unemployment and James McClure and Dwight Lee on Robert Frank’s progressive consumption tax.

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

Quarterly Journal of Austrian Economics
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James McClure Dwight R. Lee

Schumpeter warned that assessments that ignored creative destruction would misconstrue the social results that arise from capitalism in practice. This article exposes the applicability of this warning to the analyses of positional-good consumption presented by Robert Frank.

This study pushes the boundaries by adding a new dimension to the discussion of the ethics of fair value accounting by examining its ethics from a more systemic and societal perspective.

Nicholas N. Eberstadt

Nicholas Eberstadt addresses conditions in employment, unemployment, and discusses the concerning trend of adults who are not in the labor market at all.

Patrick Newman

Surprised Again! by Mises Institute senior fellow Alex J. Pollock and Howard B. Adler tells this story of the COVID recession.

Patrick Newman

Brad DeLong’s 600-page tome admirably aims to provide the grand narrative of economic growth in the United States and the rest of the world from 1870 to 2010. However, afflicted with numerous problems, it ultimately proves to be a disappointment.