Quarterly Journal of Austrian Economics, vol. 28, no. 1, 2025

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.

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Joseph Calandro

The post–Civil War economic boom famously ended in panic in 1873. Responses by Ulysses Grant, which were consistent with Austrian economic prescriptions, effectively mitigated the effects of the panic.