Advanced

Mahoney argues that although Mises correctly conceived of value as an ordinal relation, precluding the possibility of value imputation, in many of his expositions of the market process he adopts a notion of value as a cardinal thing in explaining the task confronting actors in either the planned or unplanned economy.

Drawing on property rights insights, the authors derive a basic view of the firm as an experimental entity.

The masterpiece first appeared in German in 1940 and then disappeared, only to reappear in English in 1949. It was a sensation, the largest and most scientific defense of human freedom ever published. As is well known, Mises’s book is the best...

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...

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...

In this issue, papers on commodity money, Mises as Currency School free banker, the Panic of 1797, and more.