Quarterly Journal of Austrian Economics

What is the direct-use value of bitcoin? And does it have any?

Many economists “essentially have no justification, or defensible reason, for what they are doing” and resent being asked to provide one.

Böhm-Bawerk unerringly centered his analysis on basic problems in the theory of economic goods. It constitutes a dazzling achievement.

More than twenty years after his death, Rothbard is proving that he still has much to teach us.

How the legal doctrine of prosecutorial immunity creates a “lemons” problem in criminal courts through moral hazard.

Schumpeter's review, now available in English, emphasizes that Fetter's Principles is more than merely a textbook, and highlights the close connection between Fetter’s theory and the economics of the Austrian school, especially his classification of entrepreneurial activity.

Contrary to the Austrian community’s former perception, we revealed value investing’s incompatibility with Austrian economics

Deepening the understanding of the capital structure by unpacking the process that coordinates capital within the new-product R&D stage of the capital structure is the purpose of this paper.

When attempting to explicate a theory of the business cycle, it is important to identify between those components that are necessary features of the cycle and those that are merely incidental.

This article offers an entirely realistic account of equilibrium analysis, thus closing a disturbing gap in economic science.  Human choice involves a dichotomy of success and failure.