In this issue, papers on the inverted yield curve, Keynesian supply shocks, and socialism in U.S. politics.
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
Austrian Economics and Organizational Entrepreneurship: A Typology
This new typology of numerous strands of Austrian (and Austrian-related) economics provides some essential insights into the field of entrepreneurship and organization economics.
Has the Rise of Socialism in US Politics Been a Boon to Austrian Economics? Evidence from Social Media and Other Metrics
Abstract: The rise of socialism has been one of the more dramatic movements in US politics in the modern era, with recent Gallup polling indicating
Keynesian Supply Shocks and Hayekian Secondary Deflations
Long-standing policy advice based on Austrian business cycle theory would be useful in responding to Keynesian supply shocks—aggregate supply shocks that lead to even larger aggregate demand shocks.
The Colonization Cost Theory of Anarchic Emergence
When the State faces high costs of colonizing land, it may allow anarchic settlement, then appropriate it. Two cases of Russian religious sects demonstrate this.
The Long Rehabilitation of Frank Fetter
On the rise, decline, and rise again of one of the great American economic theorists, Frank Fetter, as well as the Austrian school itself and its rise, decline, and renaissance.
On Professor Ludwig von Mises’s 70th Birthday
In this newly translated tribute to Mises on the occasion of his 70th birthday, Hans Mayer praises Mises as an accomplished scholar, despite Mayer's misgivings about Mises's policy.
Anatomy of Liberty in Don Quijote de la Mancha: Religion, Feminism, Slavery, Politics, and Economics in the First Modern Novel
Allen Mendenhall reviews Eric Graf's new book on Don Quijote, which advances the liberal tradition and adds to a slowly growing stock of libertarian literary criticism.
The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes
Jason Morgan reviews Zachary Carter's new intellectual biography of John Maynard Keynes, finding it "an essential read" which, with admirable even-handedness, presents the Keynesian world to readers, warts and all.