The inaccessibility of Böhm-Bawerk’s “Interest Theory of 1876” is baffling, given his statement that it is an early outline of all his future work. This is its first English translation.

The passive portfolio’s construction is the product of subjective human judgment just as the actively managed portfolio is; passive investing merely involves a different kind of judgment.

The only preference that is relevant to the understanding of purposeful human action is the preference of ends, and indifference of ends cannot exist, says Manuel García.

Ulrich Möller reviews Nicolai Foss and Peter Klein’s new book on the role of management in companies, finding it a versatile and balanced corrective to trendy but hollow concepts.

An excellent primer for those who wish understand the opacities of modern money, Brown and Pringle’s new book also suggests monetary reforms, including a gold standard. Review by Joseph Solis-Mullen.

Tate Fegley reviews Rafael Mangual’s timely new book that challenges the dominant narratives on criminal justice reform.

Should complexity economics cause us to reevaluate the Austrian school’s historical position on the role of mathematics in economics? Vicente Moreno-Casas argues that Austrian economists can use algorithmic mathematics.

Failure to enforce property rights is far from the only way in which government gives rise to externalities. Indeed, most actions of the government actually cause externalities.

Per Bylund responds to Randall Wray and Stephanie Kelton, pointing out the errors in the chartist position espoused primarily by MMT proponents.

Robert Mulligan appraises the Austrian school’s progress over 10 years, using counts of publications in the academic journals of the Austrian school.