Mihai Macovei

Works Published inQuarterly Journal of Austrian Economics

Dr. Mihai Macovei (macmih_mf@yahoo.com) is an associated researcher at the Ludwig von Mises Institute Romania and works for an international organization in Brussels, Belgium.

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Rising Inequality and Slowing Productivity Have a Common Driver: Government Intervention

Money and Banking

12/20/2018Power & MarketMihai Macovei

A growing chorus of alarmist voices decries the rising economic inequality in the Western world and especially in the United States.See George Reisman’s devastating critique of Thomas Pikkety's Capital in the Twenty-First Century (2014) at http://georgereismansblog.blogspot.com/2014/07/pikettys...

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Why Tariffs Won't Create Jobs or Help the Auto Industry

Blog12/06/2018Mihai Macovei

In a world with complex global supply chains, nearly every manufacturer must import parts and supplies to produce goods and services. The auto industry is no different.

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The Swiss Franc and The Euro: What Now?

Money and Banking

Blog01/09/2018Mihai Macovei

Although the Swiss central bank has ended its 2011-2016 experiment of pegging the franc to the euro, highly interventionist monetary policy continues.

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The Austrian Business Cycle Theory: A Defense of Its General Validity

Business CyclesCapital and Interest TheoryInterventionism

03/22/2016Quarterly Journal of Austrian EconomicsMihai Macovei

The paper aims to defend the general validity of the ABCT against the assumption that the theory does not hold if entrepreneurs are able to anticipate correctly the inflationary effects of a fiduciary credit expansion.

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