Now Online: Quarterly Journal of Austrian Economics 18, no. 2 (Summer 2015)
Articles
An Outline of a Praxeological Theory of Politicsby Matei A. Apavaloaei
When I Was Sixby William J. Boyes
Symposium: Is There a Missing Element in Economics?
Review of An Outline of International Price Theories by Chi-Yuen Wu
Quarterly Journal of Austrian Economics 18, no. 2 (Summer 2015)
The present volume, prepared as a Ph.D. dissertation, is the only known work of Chi-Yuen Wu, a Chinese scholar contemporary with Ludwig von Mises. In 1939 Wu completed his doctorate at LSE under Lionel Robbins, and then returned to China at Southwest Associated Universities. Since nothing is known of his career after this time, we are left wondering if he kept writing, or how he coped with the rise of the communist regime in his native country.
Review of The Social Order of the Underworld by David Skarbek
Quarterly Journal of Austrian Economics 18, no. 2 (Summer 2015)
Neither Carl Menger, Ludwig von Mises, Murray Rothbard, nor Israel Kirzner are found within the bibliography of David Skarbek’s latest book The Social Order of the Underworld: How Prison Gangs Govern the American Penal System published by Oxford University Press. In fact, no citations are made to any of the popular field journals of contemporary Austrian economics.
Review of Peddling Protectionism: Smoot-Hawley and the Great Depression by Douglas A. Irwin
Quarterly Journal of Austrian Economics 18, no. 2 (Summer 2105)
The Smoot-Hawley Tariff Act of 1930 could be the best-known piece of Congressional legislation. It also remains among the most controversial; both vilified and embraced by politicians of all stripes to further their cause, whether that be increasingly protectionist trade measures or an expansion of unencumbered free trade.
Why Devaluing the Yuan Won’t Help China’s Economy
Earlier this month, the Chinese government decided to depreciate its currency on three consecutive occasions. On August 13, the price of the US dollar was trading at 6.413 — an increase of 3.3 percent against July. The key factor behind the central bank’s lowering of the yuan is a sharp decline in the growth momentum of exports with the yearly rate of growth falling to minus 8.3 percent in July from 2.8 percent in June.
There Is No Such Thing as “Settled Public Policy”
I’ve noticed a phrase that is being used with increasing frequency in the media by pundits and commentators. It’s only used by the winning side in various controversies. The phrase is “settled public policy” or, sometimes, “settled law.”
Review of Risky Business: Insurance Markets and Regulation by Lawrence S. Powell, ed.
Quarterly Journal of Austrian Economics 18, no. 2 (Summer 2015)
Risky Business covers a wide range of topics in insurance that graduate doctoral students in economics or finance could be expected to navigate with little difficulty. Unfortunately, that is not the audience this volume is aimed at.
What’s Love Got to Do with It? Action, Exchange, and Gifts in Economic Theory
Quarterly Journal of Austrian Economics 18, no. 2 (Summer 2015)
Symposium: Is There A Missing Element in Economics?
Comment on Michael V. Szpindor Watson’s “Mueller and Mises: Integrating the Gift and ‘Final Distribution’ within Praxeology”
Quarterly Journal of Austrian Economics 18, no. 2 (Summer 2015)
Symposium: Is There A Missing Element in Economics?
