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Lowell E. Gallaway

Works Published inQuarterly Journal of Austrian Economics

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

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

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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PDF (23.59 KB)

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

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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PDF (51.48 KB)

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

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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PDF (355.75 KB)

The Fraud of Macroeconomic Stabilization Policy

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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PDF (191.63 KB)

The Great Depression of 1946

July 20, 2005
G.R. Steele Hayek's Money Economy: The Dynamics of Competitive Equilibrium and Socio-Economic Order Adobe Acrobat 6.0 Paper Capture Plug-in...

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PDF (1.63 MB)

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