Quarterly Journal of Austrian Economics

Displaying 11 - 20 of 668

Rothbard on the Economics of Slavery

U.S. HistoryOther Schools of Thought

05/28/2020Quarterly Journal of Austrian Economics
Published here for the first time is Rothbard's note on the economics of antebellum slavery. Mark Thornton comments on the paper, which criticizes the method of the New Economic History.
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An Overlooked Scenario of "Reswitching" in the Austrian Structure of Production

Business CyclesCapital and Interest TheoryProduction Theory

05/21/2020Quarterly Journal of Austrian Economics
Reswitching indicates that the average production period is not necessarily a decreasing function of the interest rate. Granot's generic model of the structure of production shows behavior resembling reswitching.
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The Wealth Effect and the Law of Demand: A Comment on Karl-Friedrich Israel

Capital and Interest Theory

05/21/2020Quarterly Journal of Austrian Economics
Addressing a problem that Karl-Friedrich Israel perceived in Salerno's chapter "The 'Income Effect' in Causal-Realist Price Theory," Salerno contends that Israel's resolution implies a denial of the law of demand.
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Banking and Monetary Policy from the Perspective of Austrian Economics

Book ReviewsAustrian Economics Overview

05/21/2020Quarterly Journal of Austrian Economics
The editors are to be heartily congratulated for putting together this book, which covers an impressive range of topics in monetary economics from an explicitly Austrian perspective.
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Remembering Oskar Morganstern

History of the Austrian School of Economics

05/21/2020Quarterly Journal of Austrian Economics
In this article in our “Remembering” series, we commemorate the well-known economist Oskar Morgenstern, best known as the codeveloper of modern game theory with John von Neumann.
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The Great Reversal: How America Gave Up on Free Markets

Book ReviewsFree MarketsU.S. History

05/21/2020Quarterly Journal of Austrian Economics
According to Philippon, in some industries Europe has a freer market than America does. The solution is somehow more regulation.
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Socialism Sucks: Two Economists Drink Their Way through the Unfree World

Book Reviews

05/21/2020Quarterly Journal of Austrian Economics
Lawson and Powell have had the happy idea of presenting elementary economics in a humorous way that will appeal to those “turned off” by serious and sober scholarship.
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A Note on Some Recent Misinterpretations of the Cantillon Effect

Central BanksInflationMonetary PolicyCantillon

05/21/2020Quarterly Journal of Austrian Economics
Sieroń comments on Book and Sumner regarding the Cantillon effect, arguing that the Austrian analysis of the Cantillon effect is correct.
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Remembering Ulrich Fehl, German Economist and Prominent Scholar with a Deep Knowledge of Austrian Economics

Capital and Interest Theory

05/21/2020Quarterly Journal of Austrian Economics
Ulrich Fehl, professor emeritus at Marburg University, passed away November 9, 2019. Prof. Fehl is remembered in this tribute by his student, Peter Engelhard
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Remembering Ulrich Fehl, German Economist and Prominent Scholar with a Deep Knowledge of Austrian Economics

Capital and Interest Theory

05/21/2020Quarterly Journal of Austrian Economics
Ulrich Fehl, professor emeritus at Marburg University, passed away November 9, 2019. Prof. Fehl is remembered in this tribute by his student, Peter Engelhard
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