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Morgan O. Reynolds

Works Published inQuarterly Journal of Austrian EconomicsReview of Austrian Economics, Volumes 1-10Austrian Economics NewsletterSpeeches and PresentationsMises Daily ArticleThe Journal of Libertarian StudiesArticles of Interest

Morgan O. Reynolds (Ph.D., University of Wisconsin, 1971) was chief economist at the U.S. Department of Labor, 2001–2002. He is retired as a professor of economics at Texas A&M University. He is author of Power and Privilege: Labor Unions in America (1984), Economics of Labor (1995), and Making America Poorer (1987), and more than 60 articles in scholarly journals. He is an adjunct scholar of the Mises Institute, and a senior fellow of the National Center for Policy Analysis based in Dallas, Texas.  Contact:

All Works

Review of Econospinning: How to Read Between the Lines When the Media Manipulate the Numbers. By Gene Epstein

Media and Culture

07/30/2014Quarterly Journal of Austrian Economics
Economists are familiar with the cliche' "lies, demand lies, and statistics," which puts statistics at the top of the pyramid of lies.


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The Poverty of Modern Macroeconomic Theory and Power of Austrian Business Cycle Theory

Booms and BustsBusiness CyclesOther Schools of Thought

07/30/2014Quarterly Journal of Austrian Economics
This paper contrasts mainstream analysis of the recent boom/bust episode and its massive interventions with Austrian business cycle theory (ABCT).


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The Impossibility of Socialist Economy, or A Cat Cannot Swim the Atlantic Ocean

Calculation and Knowledge

07/30/2014Quarterly Journal of Austrian Economics
Tolerably efficient coordination of human effort is impossible without trade in productive assets (capital markets). There is no demonstrated, superior alternative to Wall Street and the price system.


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An Economic Analysis of the Norris-LaGuardia Act, the Wagner Act, and the Labor Representation Industry

Legal SystemPolitical TheoryProduction Theory

07/30/2014The Journal of Libertarian Studies
Economists have been relatively silent about the legislation from the 1930's which supports unionism and collective bargaining in the United States. A failure to apply economic analysis to the Norris-LaGuardia and Wagner acts has allowed a consensus about this legislation to develop among labor...


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W. H. Hutt's Pen Falls Silent (Full Edition of Vol. 9, No. 3)

BiographiesFiscal TheoryInterventionismPrices

07/30/2014Austrian Economics Newsletter
Volume 9, Number 3 (Spring/Summer 1988) Morgan O. Reynolds discusses W. H. Hutt's life work, his contributions to economics, and the legacy he will leave behind.


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