Audrey D. Kline is associate professor of economics at the University of Louisville College of Business.

Comment on Dolan on Austrian Economics and Environmentalism

Volume 17, no. 2 (Summer 2014)

ABSTRACT: We welcome Professor Dolan’s (2014) contribution to Austrian economics, and the contributions of all economists associated with the Austrian school of thought to environmental issues. Although not an Austrian economist himself, Dolan has made more of a contribution to the praxeological school than perhaps any other non-Austrian economist. An expert in environmental economics, Dolan (2014) is an attempt to assess the Austrian contribution to this field. He finds it wanting.

Imposing Costs on Russia: How About a Food Embargo?

President Obama has threatened to impose costs on Russia for their intervention in Ukraine, but so far, his involvement has been high on rhetoric but low on action. Here’s a proposal that ought to hit Russia where it hurts: impose a food embargo on them. Americans and Europeans of a certain age can remember the costs they felt due to the OPEC oil embargo of 1973. People need food more than they need energy. Think of how much more we could pressure Russia with a food embargo.