Quarterly Journal of Austrian Economics

Pascal's Salin's (1998) critique of my article "Free Banking and the Free Bankers" (1996) raises several important issues about the theory of banking. 

An excellent summary of the recent mainstream debates on the role of a central bank and the conduct of monetary policy and provides a framework for monetary policy that ignores all the lessons

Peter Klein focuses here on the financial-market entrepreneur — what Rothbard (1962, 1985) calls the capitalist-entrepreneur — to outline some features of an Austrian theory of corporate governance

The financial elites of this country, notably the Morgan, Rockefeller, and Kuhn, Loeb interests, were responsible for putting through the Federal Reserve System, as a governmentally created and sanctioned cartel

The Structure of Liberty is an important new work by one of libertarianism's most significant and thoughtful legal scholars.  Its primary substantive deficiency is its over-reliance on the Hayekian knowledge paradigm

It is much more likely that firsthand inspection by journal editors and reviewers who are relatively more familiar with the subject matter in question will place an appropriate value on the prospective scholarly contributions. 

The problem of cost is the cornerstone of economic calculation.  Entrepreneurs act upon the cost implications of their decisions and depend on cost data that represent the actual pattern of resource consumption.

There seems to be a lot less disagreement between Rothbard and Rashid than meets the latter’s eye. The biggest issue on which there is a gap separating 

It is important to note that the economic theory of war does not necessarily displace the historical explanations that rest on such factors as internal dissension, a failure of leadership or diplomacy

Supporters of Kaldor-Hicks believe it useful to have a quantitative measure to assess the efficiency of different situations.  Although it may appear convenient to be able to judge policies