In this issue, articles on “the demise of interest,” inflation targeting, Hayek’s business cycle theory, measuring the quality of money, and more.
The Quarterly Journal of Austrian Economics (QJAE) is a refereed journal that promotes the development and extension of Austrian economics and the analysis of contemporary issues in the mainstream of economics from an Austrian perspective.
The QJAE Blog Editors and Editorial Board Submission Information
Review: Radical Uncertainty: Decision-Making Beyond the Numbers
Kay and King have written an impressive and erudite book with several key areas of agreement with Austrians. Moreover, the authors help us better see the shortcomings of the Chicago School.
The End of the Abe Administration—The End of Abenomics? Books on Past and Present in the Japanese Political Economy
From the "lost decade" to today's conflicts with China, Japan's experience can help us understand much about geopolitics and political economy.
Review: Austrian Economics in Contemporary Business Applications
The author illustrate how Austrian ideas—value subjectivity, consumer sovereignty, capital allocation, entrepreneurship, etc.—can be useful “to practical management problems” in teaching and consulting.
The Unlikely Story of American Regulatory Socialism
Although right-wing political operatives latched on to cost-benefit analysis in the name of controlling regulation, the tool has, in many cases, promoted the expansion of state power.
Review: Tax Tyranny
Pascal Salin has written an important new book which shows how by its very nature, the tax state can never be a just state. When it taxes its citizens, it is willy-nilly arbitrary and tyrannical.
Measuring the Quality of Money
Abstract: This article explains the theoretical importance of the quality of money as a factor of the demand for money and develop
Measuring the Quality of Money
Abstract: This article explains the theoretical importance of the quality of money as a factor of the demand for money and develop
The Illusions of Inflation Targeting, with an Application to Ukraine
Abstract: This article reviews the analytical justification, the theoretical content, and the practical experience of inflation ta
Reasons for the Demise of Interest: Savings Glut and Secular Stagnation or Central Bank Policy?
Abstract: This article compares the Keynesian, neoclassical and Austrian explanations for low interest rates and sluggish growth.
The Essential Austrian Economics
The Essential Austrian Economics
Christopher J. Coyne and Peter J. Boettke
Re-reading Economics in Literature: A Capitalist Critical Perspective
Re-reading Economics in Literature: A Capitalist Critical Perspective
by Matt Spivey
Mr. Hayek and the Classics; A Suggested Interpretation of the Business-Cycle Theory in Prices and Production
Abstract: This paper endeavors to develop a modern theoretical underpinning of Friedrich August von Hayek’s business-cycle theory
