Well-Informedness and Rationality: A Philosophical Overview
Volume 12, No. 3 (2009)
The Economic Theory of Bureaucracy: Insights from the Niskanian Model and the Misesian Approach
Ulrich Fehl’s Contribution to Temporal Capital Theory
Volume 12, No. 3 (2009)
This paper briefly summarizes Ulrich Fehl’s important contributions to Austrian capital theory. While his work is well known in Europe he remains a relative unknown to the English speaking world. The intent of this paper is to introduce Ulrich Fehl to English-speaking economists who are interested in the Austrian School of economics.
Entrepreneurship, Economic Evolution, and the End of Capitalism: Reconsidering Schumpeter’s Thesis
The Quality of Money
Volume 12, Number 4 (2009)
Much has been written about the quantity of money and its effects on money’s purchasing power. However, changes in the quality of money have been widely neglected. This paper analyzes changes in the quality of money and its influence on the purchasing power of money.
Geography as Causal in Societal Ascendance: An Austrian Retrospective on Diamond
Volume 12, Number 4 (2009)
Murder and Inflation in Kentucky
Volume 12, Number 4 (2009)
This paper tracks the economic and political developments in the state of Kentucky that led up to the murder, trial, and execution constituting “The Kentucky Tragedy,” and to a second murder involving a son of the Governor of the state. In doing this, the paper ties the developments in money, banking, and the economy to the political and social tensions of the time. As a result, what might otherwise be seen as an overly-wrought anecdote can be seen as among the predictable consequence of misguided policy.
Robbins as Innovator: The Contribution of An Essay on the Nature and Significance of Economic Science
Lionel Robbins: Neoclassical Maximizer or Proto-Praxeologist?
Volume 12, Number 4 (2009)