Review of How Capitalism Saved America: The Untold History of Our Country, from the Pilgrims to the Present by Thomas J. DiLorenzo
Review of A History of the Federal Reserve, Volume 1: 1913–51, by Allan H. Meltzer
Volume 8, No. 1 (Spring 2005)
Austrians have demonstrated that recessions—and depressions—are the inevitable result of central bank intervention in the economy. The book’s greatest weakness is its inference that all economists critical of the 1920’s credit structure were somehow real-bills ideologues.
The “Values-Riches” Model: An Alternative to Garrison’s Model in the Austrian Macroeconomics of Growth and Cycle
Volume 8, No. 2 (Summer 2005)
The “values-riches” model, on the other hand, seeks to display the relations between the great macroeconomic nominal variables (“values”) and the flows of quantities of consumer goods (“riches”). The two models are therefore to some extent complementary, offering two different viewpoints on the production process. But there are also a number of theoretical disagreements between them, specially about the theory of interest, that must not be overlooked and will be pointed out in this paper.
The Spatial Nature of Entrepreneurship
Volume 8, No. 2 (Summer 2005)
The purpose of this paper is to extend Kirzner’s theory by explicitly introducing the role of space in entrepreneurial alertness and the coordination of markets.
William Graham Sumner: Monetary Theorist
Volume 8, No. 2 (Summer 2005)
In Defense of Fiduciary Media—A Comment; or, What’s Wrong with “Clown” or Play Money?
Volume 8, No. 2 (Summer 2005)
Samuelson and Rothbard: Two Texts and Two Legacies
Volume 8, No. 2 (Summer 2005)
Symposium: On the Occasion of the Eighteenth Edition of Paul Samuelson’s Economics
It is no wonder that the vast majority of Americans do not know whom, if anyone, they should believe regarding economic pronouncements. Much of the credit for this intellectual legacy can be laid at the feet of Paul A. Samuelson, the Nobel Prize-winning economist, who took the public mind by storm with his phenomenally popular textbook, Economics: An Introductory Analysis.
Samuelson’s Economics: The Continuing Legacy
Volume 8, No. 2 (Spring 2005)
Symposium: On the Occasion of the Eighteenth Edition of Paul Samuelson’s Economics
Paul A. Samuelson’s legendary textbook, straightforwardly titled Economics, most famously exemplifies Samuelsom the writer. To mark the release of the eighteenth edition in July 2004, this paper briefly considers the textbook, and celebrity (and criticism) it attracted.
The Insulation Argument in Neoclassical International Economics: A Critique
Volume 8, No. 3 (Fall 2005)
