Austrian Economics Advances in the QJAE

New developments in Austrian economics appear regularly in the Quarterly Journal of Austrian Economics. The QJAE is one of the top international outlets for scholarly research within the Austrian School of economics, publishing high-quality papers on a range of topics within the Austrian School. The QJAE is available online without a paywall and is listed in the Directory of Open Access Journals (DOAJ) for expanded reach and impact.

Homeownership “Wealth” Is a Fallacy

It seems the housing market is destined to be the target of yet another administration’s clumsy tinkering. In another quiet-part-out-loud incident at the White House recently, the president was asked whether he would declare a national emergency in order to act on housing affordability. Trump responded that he doesn’t want house prices to go down because home valuations are such a large part of the “net worth” of homeowners, especially those in “their later years.”