Journals

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A New Austrian Textbook for All Economists

09/07/2014The Free Market
Economics students, including undergraduates, are groups I am targeting with the book. The book is not an introductory economics text from an Austrian perspective, and assumes that the reader already knows some economics.
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The Myth of the Unchanging Value of Gold

The FedMoney and BanksGold Standard

09/07/2014The Free Market
Forbes ’s “stable and flexible” gold standard would facilitate and camouflage an inflationary expansion of the money supply that would, according to Austrians, distort capital markets and lead to asset bubbles. The motto of our current gold-price fixers seems to be: “We want...
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How Entrepreneurs Make Society Better

The Entrepreneur

09/07/2014The Free Market
The capitalist entrepreneur acts with a specific goal in mind: to attain a monetary profit.
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Scarcity, Monopoly, and Intellectual Property

Big GovernmentLegal SystemMonopoly and Competition

09/07/2014The Free Market
Few topics in recent years have aroused as much interest among libertarians as intellectual property. What place, if any, would IP — patents, copyrights, trademarks and the like — have in a libertarian society?...
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Entrepreneurship: The Drivng Force of the Economy

The EntrepreneurEntrepreneurship

09/07/2014The Free Market
Entrepreneurship is the driving force of a market economy, and that entrepreneurs need property rights, the rule of law, sound money, and free and open competition to be successful.
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Sweatshops: A Way Out of Poverty

Global Economy

09/07/2014The Free Market
These so-called sweatshops are part of the development process that leads to better conditions. Austrian economic theory teaches that people choose purposively to improve their situation.

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Gun Control in the Third Reich: Disarming the Jews and ''Enemies of the State,'' by Stephen P. Halbrook

The Police StateWorld History

08/21/2014Quarterly Journal of Austrian Economics
How did Hitler do it? There is no shortage of theories or writings related to the rise of the Third Reich and the subsequent Holocaust. Halbrook, however, offers a compelling and important account of the role of gun control in aiding Hitler’s goals of exterminating the Jews and other “...
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qjae17_2_9.pdf

PDF (269.54 KB)

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The Federal Reserve and the Financial Crisis, by Ben S. Bernanke

Booms and BustsThe FedMoney and BanksBusiness CyclesMoney and Banking

08/21/2014Quarterly Journal of Austrian Economics
There is trouble lurking in each of the book’s four chapters. The text gets off on a wrong foot as Bernanke overviews the origins and purposes of the Fed...
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qjae17_2_8.pdf

PDF (281.21 KB)

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Welfare and Old Age in Europe and North America, edited by Bernard Harris

HealthU.S. History

08/21/2014Quarterly Journal of Austrian Economics
Welfare and Old Age in Europe and North America is a fascinating account of the rise of the welfare state in continental Europe and the U.K. The inclusion of North America in its title is misleading because it certainly does not discuss the mutual-aid-to-welfare-state transitions of Canada or...
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qjae17_2_7.pdf

PDF (291.49 KB)

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Comment on Dolan on Austrian Economics and Environmentalism

The EnvironmentLegal SystemAustrian Economics Overview

08/21/2014Quarterly Journal of Austrian Economics
An expert in environmental economics, Dolan attempts to assess the Austrian contribution to this field. He finds it wanting. I must make the same assessment of Dolan. His misunderstanding of Austrian economics is only matched by his mischaracterization of free market environmentalism.
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qjae17_2_6.pdf

PDF (409.6 KB)

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