Quarterly Journal of Austrian Economics

Displaying 1 - 10 of 709

An Anatomy of Failure: China’s Wind Power Development

Bureaucracy and RegulationEntrepreneurship

09/14/2021Quarterly Journal of Austrian Economics
China's central planning makes it remarkably inefficient. China is the world’s largest installer of wind power. Yet with twice the wind capacity as the US, the Chinese still produce less power.
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Re-reading Economics in Literature: A Capitalist Critical Perspective

Book Reviews

09/10/2021Quarterly Journal of Austrian Economics
Re-reading Economics in Literature: A Capitalist Critical Perspective by Matt Spivey Lanham, Maryland: Lexington Books, 2021, 133 pp. David Gordon (dgordon@mises.org) is a senior fellow at the Mises Institute and editor of the Journal of Libertarian Studies . Matt Spivey asks an...
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Measuring the Quality of Money

Monetary Theory

09/10/2021Quarterly Journal of Austrian Economics
Abstract: This article explains the theoretical importance of the quality of money as a factor of the demand for money and develops the composite indicator that measures the quality of money for the eurozone. The demand for money, i.e., the amount of money people keep in their balances, besides...
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Radical Uncertainty: Decision-Making Beyond the Numbers

Book Reviews

09/10/2021Quarterly Journal of Austrian Economics
Radical Uncertainty: Decision-Making Beyond the Numbers John Kay and Mervyn King New York: Norton, 2020, xvi + 528 pp. David Gordon (dgordon@mises.org) is a senior fellow at the Mises Institute and editor of the Journal of Libertarian Studies . Kay and King are not Austrians, but...
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Measuring the Quality of Money

Monetary Theory

09/10/2021Quarterly Journal of Austrian Economics
Abstract: This article explains the theoretical importance of the quality of money as a factor of the demand for money and develops the composite indicator that measures the quality of money for the eurozone. The demand for money, i.e., the amount of money people keep in their balances, besides...
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The End of the Abe Administration—The End of Abenomics? Books on Past and Present in the Japanese Political Economy

Book Reviews

09/10/2021Quarterly Journal of Austrian Economics
Jason Morgan (jmorgan@reitaku-u.ac.jp) is associate professor at Reitaku University in Kashiwa, Japan. PRIME MINISTER ABE SHINZŌ’S RESIGNATION AND THE END OF AN ERA IN JAPAN On August 28, 2020, Japanese prime minister Abe Shinzō entered a Tokyo press conference and began speaking. Speculation had...
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The Essential Austrian Economics

Book Reviews

09/10/2021Quarterly Journal of Austrian Economics
The Essential Austrian Economics Christopher J. Coyne and Peter J. Boettke Vancouver: Fraser Institute, 2020, 68 pp. David Gordon (dgordon@mises.org) is a senior fellow at the Mises Institute and editor of the Journal of Libertarian Studies . Christopher Coyne and Peter Boettke,...
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Austrian Economics in Contemporary Business Applications

Book Reviews

09/10/2021Quarterly Journal of Austrian Economics
Austrian Economics in Contemporary Business Applications edited by Hunter Hastings Auburn, Ala.: Mises Institute, 2020, 68 pp. Fernando D’Andrea (dodandrea@gmail.com) is a Ph.D. student in entrepreneurship at Oklahoma State University. The six-chapter book Austrian Economics in...
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The Illusions of Inflation Targeting, with an Application to Ukraine

Money Supply

09/10/2021Quarterly Journal of Austrian Economics
Abstract: This article reviews the analytical justification, the theoretical content, and the practical experience of inflation targeting, which has become the standard framework for monetary policy. It shows that due to the inflation-targeting literature’s neglect for the money demand as part of...
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Tax Tyranny

Book Reviews

09/10/2021Quarterly Journal of Austrian Economics
Tax Tyranny by Pascal Salin Cheltenham, UK: Edward Elgar, 2020, 224 pp. Jörg Guido Hülsmann (guido.hulsmann@univ-angers.fr) is Professor of Economics at the University of Angers. Pascal Salin is one of the most important Continental European economists. Throughout his career, he has...
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