Quarterly Journal of Austrian Economics

Displaying 1 - 10 of 707

Bitcoin, the Regression Theorem, and the Emergence of a New Medium of Exchange

Quarterly Journal of Austrian EconomicsDecember 3, 2015
A recent controversy has brewed over whether or not the emergence of bitcoin, as a new medium of exchange, is in accordance with Mises’s regression theorem...

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Review of Patent Trolls: Predatory Litigation and the Smothering of Innovation by William J. Watkins, Jr.

Quarterly Journal of Austrian EconomicsDecember 3, 2015
Watkins paints a very strong case against trolls, while pointing out some of their supposed benefits.

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Review of Austrian Theory and Economic Organization: Reaching Beyond Free Market Boundaries edited by Guinevere Liberty Nell

Quarterly Journal of Austrian EconomicsDecember 3, 2015
Nell says that Austrians are too often motivated—and constrained—by the search for free-market conclusions, leading them to neglect both the problems of unregulated markets and the promise of alternative forms of organization...

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Praxeology of Coercion: Catallactics vs. Cratics

Quarterly Journal of Austrian EconomicsNovember 19, 2015
In this paper, a “praxeology of coercion,” or, more precisely, an analysis of interpersonal actions involving threats, is developed. This is an attempt to further the analysis of human action as defined by Mises...

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Publication Activity in Austrian Journals 2001–2010

Quarterly Journal of Austrian EconomicsNovember 17, 2015
Journal publications are used to rank institutions by research productivity in Austrian economics. An incidental byproduct is a ranking of scholars in the Austrian school.

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Disaggregating the Credit Expansion: The Role of Changes in Banks' Asset Structure in the Business Cycle

Quarterly Journal of Austrian EconomicsNovember 17, 2015
The aim of the article is to refine the Austrian business cycle theory by discussing the effect of changes in banks’ asset structure on the business cycle...

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The Interest Rate and the Length of Production: An Attempt at Reformulation

Quarterly Journal of Austrian EconomicsNovember 17, 2015
This paper argues that it may be misleading to search for a direct causal effect of interest rates on the length of production because another, related factor affects it more directly. We name this factor intertemporal labor intensity ...

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Review of An Outline of International Price Theories by Chi-Yuen Wu

Quarterly Journal of Austrian EconomicsAugust 27, 2015
Wu has written an outline of international price theories that map the theoretical development of international economics. It is a major achievement.

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Review of The Social Order of the Underworld by David Skarbek

Quarterly Journal of Austrian EconomicsAugust 27, 2015
Prison gangs have emerged in recent decades to provide security, property enforcement, and conflict adjudication when formal government enforcers explicitly failed to provide such for inmates behind bars.

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Review of Peddling Protectionism: Smoot-Hawley and the Great Depression by Douglas A. Irwin

Quarterly Journal of Austrian EconomicsAugust 27, 2015
Peddling Protectionism is a real gem. Irwin does not mince words, and he ably tosses aside misconceptions of Smoot-Hawley and replaces them with objective economic analysis.

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