China’s Great Migration
Quarterly Journal of Austrian Economics 20, no. 3 (Fall 2017)
China’s Great Migration by Bradley M. Gardner, Independent Institute, 2017
Community Revival in the Wake of Disaster: Lessons in Local Entrepreneurship
Quarterly Journal of Austrian Economics 20, no. 3 (Fall 2017)
Community Revival in the Wake of Disaster: Lessons in Local Entrepreneurship by Virgil Henry Storr, Stefanie Haeffele-Balch, and Laura E. Grube, Palgrave Macmillan, 2015
When a community is hit by a disaster, how can it recover? What choices of that community enhance (or hamper) revival? These are some of the interesting questions considered about the economics of mega-disaster.
Public Debt: An Illusion of Democratic Political Economy
Quarterly Journal of Austrian Economics 20, no. 3 (Fall 2017)
Public Debt: An Illusion of Democractic Political Economy, by Giuseppe Eusepi and Richard E. Wagner, Edward Elgar, 2017
Marriage Licenses: Alabama Legislature Moves Toward Less Government Meddling
According to a variety of sources, Alabama’s state legislature may “end marriage licenses“ if a bill now being heard in the legislature goes forward.
Response to a Review of Money, Banking, and the Business Cycle
Quarterly Journal of Austrian Economics 20, no. 3 (Fall 2017)
Abstract: Shawn Ritenour provides a review of my two-volume book Money, Banking, and the Business Cycle in the Winter 2016 issue of this journal. In his review, he provides a number of criticisms of the book and offers some compliments of the book as well. While I appreciate the compliments, most of the criticisms are not valid. In this response, I explain why it is that more money in the economy leads to more profits.
Labor Market Effects in the Austrian Business Cycle Theory
Quarterly Journal of Austrian Economics 20, no. 3 (Fall 2017)
Abstract: An open question in the Austrian business cycle theory is how labor markets across the structure of production react to broader changes in the economy. Particularly, how do labor market conditions in industries at different stages of production respond to changes in monetary policy?
Subjective Expectations and the Process of Equilibration: The Views of Lachmann
Quarterly Journal of Austrian Economics 20, no. 3 (Fall 2017)
Abstract: Ludwig Lachmann claimed that expectations are subjective, and argued that this phenomenon, coupled with the ceaseless change characterizing market data, greatly undermines the strength of any process of equilibration. This paper compares his views on this subject with those of Mises. It argues that Mises also viewed expectations to be subjective.
