Austrian Law and Economics: The Contributions of Adolf Reinach and Murray Rothbard on Law, Economics, and Praxeology

 

Volume 7, No. 4 (Winter 2004)

 

The title of this symposium is Austrian Law and Economics: The Contributions of Adolf Reinach and Murray Rothbard. The second part of this title is not at all problematic; these two authors have made many and important contributions to both law and economics. It is therefore of great interest to compare and contrast their eerily similar—but far from identical—ways of proceeding.

Toward Meta-Politics

 

Volume 7, No. 4 (Winter 2004)

 

The author wishes to examine Nozick’s ontological overtures within the context of social and political ontology. Zaibert wishes to sketch some fundamental aspects of the ontology of politics, via the analysis of the institution of the state. To the extent that John Rawls’s philosophy can be seen as the avant-garde of contemporary political philosophy, his attempt could be received with suspicion.

Editorial on Special Symposium Issue: Austrian Law and Economics

 

Volume 7, No. 4 (Winter 2004)

 

The present number of the QJAE features the proceedings of a symposium held on March 29–30, 2001 at the Mises Institute. The theme “Austrian Law and Economics: The Contributions of Reinach and Rothbard” brought together economists, jurists, and philosophers. The purpose of the meeting was to explore the relationships between law and economics from an Austrian perspective.

Hayek’s Theory of Money and Cycles: Retrospective and Reappraisal

 

Volume 8, No. 1 (Spring 2005)

 

That Hayek’s work on money, investment, and business cycle theory should be misunderstood and misrepresented poses nothing new. Its  contemporaneous failure to win approval might be attributed to Hayek having “purposely refrained from combining purely theoretical considerations with discussions of current events” (Hayek 1933, p. 18). Further explanation might lie in a methodology in which theory, founded upon introspection, takes precedence over empirical work.

Deflation and Japan Revisited

 

Volume 8, No. 1 (Spring 2005)

 

This paper proceeds by explaining deflation and aggregate price determination in more detail. Then, some facts about the development of Japan, 1990–2001, are provided, together with an extensive interpretation. This is followed by a closer examination of the official Japanese interpretation, contrasting it with my own views. Finally, some concluding remarks are offered.

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