Quarterly Journal of Austrian Economics - Single Articles

Much has been written about the quantity of money and its effects on money’s purchasing power, but the quality of money has been neglected.

The totalitarian ethos of the twentieth century, whether in the “mixed” version of the Hindenburg Program or the Bolshevik version of Lenin and Stalin, emerges from the will of individuals who propose to control their fellows.

The timing is right for pursuing Austrian themes and further leveraging Austrian theory in entrepreneurship, and extending and elaborating on Austrian entrepreneurship theory.

After the fall of the Berlin Wall, the newly freed former communist states welcomed companies like Coca-Cola, which brought both capital and managerial skill to economies ruined by communism.

Market pricing and market distribution of goods are dynamic and responsive. Government-planning, however, is rigid, fixed, and cannot keep up with the real world.

Austrian economics in particular provides the historian with a theoretical apparatus that equips him with the ability to make disembodied statistics tell a coherent and accurate story.

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

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.

Prison gangs have emerged in recent decades to provide security, property enforcement, and conflict adjudication when formal government enforcers explicitly failed to provide such for inmates behind bars.

Peddling Protectionism is a real gem. Irwin does not mince words, and he ably tosses aside misconceptions of Smoot-Hawley and replaces them with objective economic analysis.

The primary purpose of this publication is to provide clear information and supporting evidence about choices in insurance regulation in a format that is accessible and meaningful to policymakers and consumers.

I suggest that further research is needed before we can establish the conditions under which the value of personal gifts can adequately be calculated.

Quarterly Journal of Austrian Economics 18, no.

While I have a high regard for what Austrian economics gets right that other economic schools do not, I consider myself a “Neo-Scholastic” economist, a term which I will try to explain.

Murray Rothbard told us that liberty is what allows human flourishing, that liberty requires private property rights and the non aggression principle (NAP), and that this nation was conceived in liberty.

John Mueller believes economics is fatally flawed because it cannot account for charitable love between persons.

This paper provides an outline of politics, and argues that elements of an a priori theory of politics can be found in the writings of Austrian school scholars, although they have not yet been grouped under a specific field.

This short article emphasizes the importance of an institutional framework for environmental mass torts, without which a strict application of libertarian ethics leads to corner solutions in which there is a coordination failure.

This brief note points out that Milton Friedman’s “Plucking Model” has not held following the Great Recession.