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Lowell E. Gallaway

Works Published inQuarterly Journal of Austrian EconomicsReview of Austrian Economics, Volumes 1-10

Lowell E. Gallaway is Distinguished Professor of Economics and Faculty Associate in the Contemporary History Institute at Ohio University.

All Works

How Big Is the Austrian Tent? A Reply to Barnett and Block

Austrian Economics Overview

07/30/2014Quarterly Journal of Austrian Economics
It appears that the obvious intent of the recent paper by Professor Barnett and Professor Block (2006), “Gallaway and Vedder on Stabilization Policy,” is to reveal to the Austrian community...


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The Impact of Transfer Payments on Economic Growth: John Stuart Mill versus Ludwig von Mises


07/30/2014Quarterly Journal of Austrian Economics
Our analysis shows that Mises’s critique of “confiscatory interventionism” is the appropriate paradigm for interpreting events in the American economy during the last third of the twentieth century...


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Hoover and Wages in the Depression: A Comment on Douglas MacKenzie: A Rejoinder

Booms and BustsU.S. Economy

07/30/2014Quarterly Journal of Austrian Economics
It is suggested in Daniel Kuehn’s article in this issue (2011) that MacKenzie (2010) is wrong about Hoover’s effectiveness in pushing a high wage policy that caused high unemployment...


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The Fraud of Macroeconomic Stabilization Policy

Taxes and Spending

07/30/2014Quarterly Journal of Austrian Economics
The conventional wisdom proposition suggested by Galbraith that there is endemic instability in a market-based economy that can be remedied only by government policy interventions is inappropriate.


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