Abstract: This article compares the Keynesian, neoclassical and Austrian explanations for low interest rates and sluggish growth. From a Keynesian and neoclassical perspective, low interest rates are attributed to aging societies, which save more for the future (global savings glut). Low growth is linked to slowing population growth and a declining marginal efficiency of investment as well as to declining fixed capital investment due to digitalization (secular stagnation).

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.

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.

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.

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.

Judy Shelton and Stephanie Kelton; one was denied a congressional appointment to the Federal Reserve because she asked questions, the other found reward by telling the establishment exactly what they wanted to hear. Last week Judy Shelton published an article in the Wall Street Journal that was nothing short of honest, aptly titled: Congress Needs to Rein In a Too-Powerful Federal Reserve.

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 Biden administration on Thursday announced sweeping new mandates. The new mandates require that all employers with more than one hundred workers require workers to be vaccinated or to test for the virus weekly. The mandates also require covid vaccinations for the 17 million workers at health facilities that receive federal Medicare or Medicaid. Moreover, vaccines are mandated for all employees of the federal government’s executive branch, and for all contractors who do business with the federal government. There is no option to test out in these cases.

Jason Morgan (jmorgan@reitaku-u.ac.jp) is associate professor at Reitaku University in Kashiwa, Japan.