Competition as a Discovery Procedure
Macroeconomists for many years have dismissed the role of competition as a benchmark for a healthy economy? Why?
Quarterly Journal of Austrian Economics
Displaying 191 - 200 of 725
GDP Is a Tool of Politics, Not Economics
The author sees GDP as superior to all currently available alternatives of measuring growth. But, that is not a reason for continuing to use it.
The Case for Privatizing Oceans and Rivers
Block and Nelson put forth what a consistent free-market water-rights regime should look like.
A Libertarian “Stealth Plan for America”?
Thomas DiLorenzo reviews Nancy MacLean's attack-book on libertarianism.
Value Investing’s Compatibility with Austrian Economics — Truth or Myth?
This article attempts to illustrate what makes value investing incompatible with Austrian economics and, hence, to terminate a lingering myth.
Review of Democracy in Chains: The Deep History of the Radical Right’s Stealth Plan for America by Nancy MacLean
The theme of the book is that participation in American democracy by conservatives or libertarians threatens the destruction of American democracy.
Fitting Attitude Theory in Economics: Menger and Keynes
Despite the substantial difference in their monetary theories, Menger and Keynes agree in terms of stigmatizing the love of money.
A Modern Concept of Asset Price Inflation in Boom and Depression
The aim of this article is to demonstrate how monetary disorder spawns asset price inflation.
Review of Money, Banking, and the Business Cycle, Vols. I and II by Brian P. Simpson
While making numerous helpful contributions related to economic history, Simpson’s exposition of business cycle theory misleads rather than clarifies.
Concrete Economics: The Hamilton Approach to Economic Growth and Policy
There is little reason to think that Hamiltonian policies led to American prosperity.
