Profiles

Home | Profile | David Howden
  • David Howden

David Howden

Tags Business CyclesInterventionismMonetary TheoryMoney and Banking

Works Published inQuarterly Journal of Austrian EconomicsThe Free MarketSpeeches and PresentationsMises Daily ArticlePapers of Interest

AwardsDouglas E. French Prize at Mises UniversityO.P. Alford III Prize in Political Economy

David Howden is Chair of the Department of Business and Economics and professor of economics at St. Louis University's Madrid Campus, and Academic Vice President of the Ludwig von Mises Institute of Canada.

All Works

Review of Finance Behind the Veil of Money: An Essay on the Economics of Capital, Interest, and the Financial Market by Eduard Braun

Money and BanksCapital and Interest TheoryMonetary TheoryMoney and Banking

03/22/2016Quarterly Journal of Austrian Economics
The reader should trudge his way through this book for two reasons. First is the explanation for why the purchasing power of money must be defined in terms of consumers’ goods prices, not capital goods. Second, and more importantly, Braun resurrects the subsistence fund doctrine, an integral...

Read more

The Efficient Market Conjecture

Calculation and KnowledgePrices

03/22/2016Quarterly Journal of Austrian Economics
The aftermath of the recent recession has brought renewed skepticism to EMH, even leading some to redefine it as the “inefficient” market hypothesis. We demonstrate that such a course of action is misguided...

Read more

The Cozy Relationship between the Treasury and the Fed

The FedMoney and BanksTaxes and SpendingMoney and Banking

02/04/2016Mises Daily
Lately, the Fed has been more and more involved in directly funding the Federal government by handing over Fed revenues to the Treasury. In fact, the Fed is handing over enough money to fund the entire food stamp program, and then some.

Read more

Three Centuries of Boom-Bust in Spain

Booms and BustsMoney and BanksWorld HistoryMoney and Banking

01/21/2016Mises Daily
Following the discovery of the Americas, Spain began a 300-year period of booms, busts, war, and mercantilism. Only in the eighteenth century did the country begin to find prosperity through liberalization of trade and private property.

Read more

Venezuela's Bizarre System of Exchange Rates

Global EconomyMoney and BanksMoney and Banking

01/07/2016Mises Daily
Many people know that the Venezuelan economy is subject to byzantine price controls and other regulations. But on top of it all is a highly complex, bureaucratic, and damaging system of government-controlled monetary exchange rates.

Read more

Follow Mises Institute