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

Quarterly Journal of Austrian Economics 18, no. 3 (Fall 2015)

In the introduction to this collection, Guinevere Nell applauds Austrian scholars for their noteworthy contributions to economics. However, in her view, contemporary 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.

No, “Big Data” Can’t Predict the Future

With Google’s dominance in the online search engine market we entered the Age of Free. Indeed, services offered online are nowadays expected to be offered at no cost. Which, of course, does not mean that there is no cost to it, only that the consumer doesn’t pay it. Early attempts financed the services with ads, but we soon saw a move toward making the consumer the product. Today, free and unfree services alike compete for “users” and then make money off the data they collect.

The November-December Issue of ‘The Austrian’ Is Now Online

In the latest issue of The Austrian, Jeff Deist explores the intimate connection between authoritarianism and political correctness. It’s not about being polite. It’s about political control.

Also in this issue, David Gordon reviews Peter Simpson’s new book Political Illiberalism where Simpson, a non-libertarian, offers a trenchant critique of the state from his own perspective.