Recent events in the US — high unemployment, record federal deficits, and unprecedented financial distress — have raised serious doubts about the future of the dollar.
Authors, Ekelund and Price have produced an engrossing and informative study of the economic life and times of Edwin Chadwick. Scholars interested in economic policy and reform, the history of industrialization,
In this article, J.H. Huebert reviews Richard A. Posner’s Catastrophe: Risk and Response.
In Guns, Germs, and Steel (1997) and Collapse (2005), Professor Jared Diamond argues that geography and environment are the “ulti
Perhaps the best way of writing an introduction for this most welcome French translation of Ethics of Liberty is to discuss what has happe
This paper proceeds by explaining deflation and aggregate price determination in more detail. Then, some facts about the development of Japan, 1990–2001, are provided, together with an extensive interpretation
In his book The Theory of Economic Development, Schumpeter (1934) pointed out that entrepreneurs are prime movers of economic change. The entrepreneurs described by Schumpeter were innovators.
The Austrian theory mainly deals with analyzing the effects of an increased credit offer on productive structures.
Zimbabwe’s economic crisis originates from its struggle for independence in the 1970s. Military adventures and reckless spending led to exploding budget deficits,
