What Will It Take for Americans to Consider Breaking Up?
John Rawls’s Theories Help Refute John Rawls’s Theories
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The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy
The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy
Stephanie Kelton
New York: PublicAffairs, 2020
336 pp.
Robert P. Murphy (bobmurphy@mises.com) is a senior fellow at the Mises Institute.
Austrian Perspectives on Entrepreneurship, Strategy, and Organization
Austrian Perspectives on Entrepreneurship, Strategy, and Organization
Nicolai Foss, Peter Klein, and Matthew McCaffrey
Cambridge: Cambridge University Press, 2019
75 pp.
Ludvig Levasseur (ludvig.levasseur@hotmail.fr) is an assistant professor in entrepreneurship at Indian Institute of Management Bangalore and a junior research fellow at the Institute for Development Strategies of the O’Neill School of Public and Environmental Affairs of Indiana University.
The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas
The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas
Janek Wasserman
New Haven, Conn.: Yale University Press, 2019, xiii + 354 pp.
Samuel Bostaph (bostaph@udallas.edu) is emeritus professor of economics at the University of Dallas.
The Disutility of Labor: A Comment on Fegley and Israel
Abstract: Fegley and Israel (2020) have advanced the thesis that the status of leisure as a consumer good is an immediate inference from the action axiom rather than an empirical postulate as maintained by Mises and Rothbard. This comment argues that we can easily imagine a world in which leisure does not represent the opportunity cost of labor, and that Mises and Rothbard have been misconstrued.
