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Mateusz Machaj

Tags Gold StandardMoney and Banking

Works Published inMises Daily ArticleQuarterly Journal of Austrian Economics

Mateusz Machaj is a Fellow of the Mises Institute who received his PhD in economics from the University of Wroclaw. He is a founder of the Polish Mises Institute of Economic Education and five time Research Fellow of the Mises Institute (2005-2009). He received the Douglas E. French Prize and the Lawrence Fertig Prize in Austrian Economics. Dr. Machaj is the author of Capitalism, Socialism and Property Rights: Why Market Socialism Cannot Substitute the MarketMoney, Interest and the Structure of Production: Resolving Some Puzzles in the Theory of Capital, and The Rise and Fall of the First Galactic Empire: Star Wars and Political Philosophy

All Works

Mateusz Machaj on the Structure of Production in Economic Theory, and the Political Philosophy of the Star Wars Prequels

Media and CultureAustrian Economics Overview

06/30/2020Mises Media
Austrian economist and Mises Institute Fellow Mateusz Machaj discusses two of his books, and offers deep insights that will inform even advanced students of both economic theory and the Star Wars universe.
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Menger's Anti-Historical Method Versus the Neoclassical Anti-Historical Method

History of the Austrian School of Economics

12/03/2019Articles of Interest
The Austrian-school approach, with its realist, real-world approach, is actually more inclined toward empiricism than the neo-classical economists who tend toward very abstract theories and models.
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Review: The Problem of Production: A New Theory of the Firm

Production Theory

05/09/2019Quarterly Journal of Austrian Economics
Per Bylund's new book makes a compelling Austrian argument that firms precede markets, and creates what reviewer Mateusz Machaj calls "an unlocking theory of the firm."
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The Price Determined by the Cost and Costs Determined by Prices: A Reply to Israel

Monetary Theory

02/07/2019Quarterly Journal of Austrian Economics
Machaj, a contributor to McCaffrey’s The Economic Theory of Costs , replies to Israel to clarify and develop his point on imputed value and price formation.
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The Wage-Gap Debate Is Based on Junk Science

Calculation and Knowledge

Without the marketplace, we cannot calculate the value of workers, whether male or female. There is no "objective" measure of an employee.
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