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  • David Howden

David Howden

Tags Business CyclesInterventionismMonetary TheoryMoney and Banking

Works Published inQuarterly Journal of Austrian Economics

AwardsDouglas E. French Prize at Mises University

Contact David Howden

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.

Afterword by Peter G. Klein

Online Text Chapter from The Next Generation of Austrian Economics: Essays in Honor of Joseph T. Salerno

Austrian economists are justifiably proud of the rich heritage handed down by Carl Menger, Eugen von Böhm-Bawerk, Ludwig von Mises, Murray Rothbard, and their contemporaries, and Austrians are keenly interested in the origin and development of their ideas. An appreciation for history has led some modern economists, mistakenly, to see the Austrian tradition as static, rigid, and backward-looking, focused on the achievements of the past rather than discoveries and new developments.

10. Fiat Money and Government Deficits by Amadeus Gabriel

Online Text Page from The Next Generation of Austrian Economics: Essays in Honor of Joseph T. Salerno, Ch. III. Policy

Scholars* of the Austrian tradition are particularly known for their important work in the field of monetary economics. They analyze the dynamics of fiat money and its impact on the real economy.

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