Review of Austrian Economics

Ludwig von Mises’s contributions to the development of the technical methods and apparatus of monetary theory continue to be neglected today,

Mathematics enjoys the prestige of being truly “scientific,” but it is difficult to mathematize the messy and fuzzy uncertainties and inevitable errors of real world entrepreneurship and human actions.

Hoppe wrote in 1990 of the road that governments would take to create a one-world government, one-world central bank, and one-world currency. He was almost spot on.

What can we can learn from the early Austrian economists about the alleged decadence of Vienna in their time?

The political influence of labor unions has aimed at the entrenchment of privileged employment and the protection of the officials' "profession."

The Austrian theory of the business cycle has many critics.

Review of Competition versus Monopoly: Combines Policy in Perspective by Donald Armstrong

For many years, I have been critical of the Austrian theory of depressions and this led Walter Block to ask me to put my criticisms in print.

There is no use talking about a return to a gold standard until the US has abolished the deficit in the federal budget and kept it balanced for a couple of years.

Demand calls forth supply in the world of economic journals as much as in the “real” economic world. The proliferation of new journals since World War II has been a function of the increasing number of Ph.D.s and of the acute exigencies of “publish or perish.” But there is another category of new journals more relevant to this one: periodicals that function as a nucleus and a sounding board for schools of economic thought partially or wholly outside the prevailing neoclassical paradigm.

From The Review of Austrian Economics Vol. 1, No. 4, 1987.

Discipline after discipline, from literature to political theory to philosophy to history, have been invaded by an arrogant band of hermeneuticians, and now even economics is under assault.

Richard H. Timberlake A Critique of Monetarist and Austrian Doctrines on the Utility and Value of Money Adobe Acrobat 6.0 Paper Capture Plug-in

Israel M. Kirzner VENTURA Adobe Acrobat 6.0 Paper Capture Plug-in

From The Review of Austrian Economics Vol. 10, No. 1, 1997.

Mises and Hayek had very different views on the socialist calculation debate and Hayek's contribution merely added confusion.

G.R.

From The Review of Austrian Economics Vol. 2, 1988.

From The Review of Austrian Economics Vol. 8, No. 2, 1995.