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  • Karl-Friedrich Israel

Karl-Friedrich Israel

Tags Money and BanksMonetary TheoryMoney and Banking

Works Published inMises Daily Article

AwardsDouglas E. French Prize at Mises University

Karl-Friedrich Israel holds a PhD in Economics from the University of Angers, France, where he also worked as a Lecturer from 2016 to 2018. He holds a MSc in Applied Statistics from Oxford University, UK, a MSc in Applied Mathematics form ENSAE ParisTech, France, as well as a BSc and MSc in Economics from Humboldt-University of Berlin, Germany. He is an organizing member of the Austrian Economics Meeting Europe and is a Mises Institute Research Fellow. He is currently working as a senior researcher at the Institute for Economic Policy at Leipzig University in Germany.

All Works

The Income Effect Reconsidered

Prices

04/15/2019Quarterly Journal of Austrian Economics
There is a type of income effect in Austrian or causal-realist price theory, and the difference between neoclassical and Austrian microeconomics is smaller than has been portrayed, says Karl-Friedrich Israel.
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Review of The Economic Theory of Costs: Foundations and New Directions

Calculation and KnowledgeCapital and Interest TheoryPricesValue and Exchange

02/13/2019Quarterly Journal of Austrian Economics
The Economic Theory of Costs contains valuable criticism of the standard neoclassical approach and some original ideas on how to develop causal-realist economics in the Mengerian tradition.
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The Euro Shows That a Fiat Money System Is More Expensive than We Thought

Blog01/22/2019

A traditional argument for unbacked fiat money was based on the idea it was less-costly to produce fiat money than gold or silver. This cost savings could then enrich society overall. But recent data suggests this isn't true.

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PayPal Censorship Is Not Limited to Online Provocateurs

12/11/2018Power & Market
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