This paper examines what Austrian economists think about deflation and offers a critique of their views. This seems to be of particular importance because Austrians differ in their opinions about deflation,
The push for "smart-growth" development policies typically is accompanied by half-baked assertions, arguments from intimidation, and strategic creativity in interpreting events. Which makes it a standard modern cry for bigger government.
Drawing on her doctoral dissertation, Sandye Gloria-Palermo has undertaken a history-of-thought survey of the Austrian tradition from Menger to Lachmann. In the process she considers the works of Böhm-Bawerk,
In Lawson’s view, mainstream economics is not a successful discipline. He does not, in analogy to Bhaskar, ask how is existing economics possible? To do so in his view would not generate results of interest.
We are no longer limited to qualitative discussions of the merits of a social clause in the GATT against child labor. Future debates should be in quantitative terms.
