Ludwig von Mises on the Gold Standard and Free Banking
Volume 5, No. 1 (Spring 2002)
George Selgin and Lawrence White have sought to tie their modern free banking school to the views of Ludwig von Mises.Review of Hayek’s Liberalism and Its Origins: His Idea of Spontaneous Order and the Scottish Enlightenment, by Christinia Petsoulas
Volume 5, No. 1 (Spring 2002)
Hayek points to the works of Bernard Mandeville, David Hume, and Adam Smith as the primary origins of his social theory of spontaneous order. Christinia Petsoulas critically examines that claim and concludes, not simply that Hayek is too modest in understating the originality of his own thought, but that “a convincing critique of the main tenets of cultural evolution can be provided by the very thinkers whom Hayek cites as intellectual forefathers.”
Property and Freedom: The Story of How Through the Centuries Private Ownership Has Promoted Liberty and the Rule of Law By Richard Pipes
Environmentalism in the Light of Menger and Mises
Volume 5, No. 2 (Summer 2002)
A Hayekian Analysis of the Term Structure of Production
Volume 5, No. 2 (Summer 2002)
Explaining Japan’s Recession
Volume 5, No. 2 (Summer 2002)
Japan has experienced an Austrian business cycle. The initial boom was created by a central bank–induced monetary expansion. Because of repeated interventions, the economy has not recovered.Austrian Economics, Neoclassical Economics, Marketing, and Finance
Volume 5, No. 2 (Summer 2002)
Austrianism is far more receptive to business and private enterprise than Marxism, and it certainly exceeds neoclassical economics in this regard. In terms of the phenomenon with which we have been concerned—the assumption of full information—Austrianism is far superior to mainstream economics.Principles of Economics: An Austrian Critique
Volume 5, No. 2 (Summer 2002)