Recently, the Financial Times published an article containing charts displaying the correlation between government spending and real GDP growth.1 Based on these correlations, the author of the article, Matthew Klein, comments: “It’s no secret that spending cuts (and tax hikes) have retarded America’s growth for

Although Austrian economists do a lot of teaching and public writing, a vital part of their activity is spreading ideas through scholarly research. Research is not just the way we add to the body of knowledge left by previous generations, but is also an effective means of engaging and challenging the ideas of mainstream economics (especially through books and peer-reviewed journal articles).