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Toby Baxendale

Works Published inQuarterly Journal of Austrian Economics

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Toby Baxendale is an entrepreneur and investor, and chairman of the UK-based Cobden Centre, a classical-liberal think tank that aims to promote social progress through honest money, free trade, and peace.

Austrian Business Cycle Theory in Light of Rational Expectations: The Role of Heterogeneity, the Monetary Footprint, and Adverse Selection in Monetary Expansion

Institute Publications
We contribute to the debate over the contemporary relevance of the Austrian Business Cycle theory (ABC) by making three theoretical developments.

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The Selfish Gene, Social Darwinism, and Human Cooperation

Mises DailyOctober 22, 2013
Reason has demonstrated that, for man, the most adequate means of improving his condition is social cooperation and division of labor.

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Cobdenite Bills and Financial Stability

Audio/VideoOctober 14, 2011
Presented in Vienna, Austria, on 20 September 2011. Includes an introduction by Douglas E. French.

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The Rediscovery of Hayek's Masterpieces

Mises DailySeptember 1, 2011
An old Polish soldier who had settled in London after World War II exposed me to the teachings of Hayek when I was sixteen years old.

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The Monetary Contraction of 2008-09: Assessing UK Money Supply Measures in Light of the Financial Crisis

Audio/VideoMarch 15, 2011
Session on Business Cycle Theory II. Recorded 11 March 2011 at the Ludwig von Mises Institute in Auburn, Alabama. [15:41]

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