Journals

Displaying 31 - 40 of 2560

The Fed: Reality Trumps Rhetoric

The FedMoney and BanksMonetary Theory

12/15/2014The Free Market
The Fed would have us believe that it has am impressive record of success in preventing recessions and improving the economy. The actual historical record suggests otherwise.

Read more

Ngrams and the Austrian School

Austrian Economics OverviewHistory of the Austrian School of Economics

11/19/2014Quarterly Journal of Austrian Economics
The Google Ngram Viewer is used to highlight some of the ideas, nomenclature, individuals, and events that have come to comprise the Austrian tradition. Key terms and literature are also examined primarily using the English corpus, with occasional examinations using German and French corpus as well...
Formats

Read more

The Central Fallacy of Keynesian Economics

Calculation and KnowledgeFiscal TheoryMonetary Theory

11/19/2014Quarterly Journal of Austrian Economics
Keynes’s theory of Aggregate Expenditures from the General Theory is examined and criticized. Keynes suggested numerous reasons why his marginal propensity to consume (MPC) might vary across individuals, over different time periods, and might be fundamentally heterogeneous in other respects,...
Formats

Read more

Review of The Concept of Equilibrium in Different Economic Traditions: A Historical Investigation by Bert Tieben

History of the Austrian School of Economics

11/19/2014Quarterly Journal of Austrian Economics
In The Concept of Equilibrium in Different Economic Traditions , Bert Tieben offers a full-length, extensive study of the concept of equilibrium that chronicles its four-century evolution from the prehistory of classical economics to the heyday of neoclassical economics and contemporary heterodox...
Formats

QJAE_17_3_Wang.pdf

PDF (297.82 KB)

Read more

Review of Literature and Liberty: Essays in Libertarian Literary Criticism by Allen P. Mendenhall

Philosophy and Methodology

11/19/2014Quarterly Journal of Austrian Economics
During the past forty years, nothing has been more popular in the American university than “interdisciplinary work.” Too often, however, the appropriate prefix for “disciplinary” has been “non” rather than “inter.” Doing something “...
Formats

QJAE_17_3_Cox.pdf

PDF (258.74 KB)

Read more

Review of Euro Crash: How Asset Price Inflation Destroys the Wealth of Nations by Brendan Brown

Money and BanksMoney and Banking

11/19/2014Quarterly Journal of Austrian Economics
It’s hard to walk away from Brendan Brown’s most recent book without a feeling of deep disappointment in modern day central banks. T...
Formats

QJAE_17_3_Butos.pdf

PDF (301.19 KB)

Read more

The Keynesian Multiplier Concept Ignores Crucial Opportunity Costs

Business CyclesPhilosophy and Methodology

11/18/2014Quarterly Journal of Austrian Economics
The Keynesian multiplier is a concept embedded in macroeconomic thought, policy, textbooks, and widely taught in classrooms.
Formats

QJAE_17_3_Boyes.pdf

PDF (325.63 KB)

Read more

Reflections in Berlin

World HistoryOther Schools of Thought

11/11/2014Articles of Interest
New Individualist Review 1, no. 4 (Winter 1962) THOSE AMERICANS WHO belong to the sophisticated academic circles which continue, in their hearts, to look on Communism as largely a myth invented by the John Birch Society ought to take a trip to Berlin. Here they will be able to ascertain for...

Read more

Why Keynesian Concepts Cannot Be Used to Explain Pre-Keynesian Economic Thought: A Reader’s Guide to Classical Economic Theory

11/10/2014Quarterly Journal of Austrian Economics
This note is built around five issues that center on the damage to economic theory caused by Keynes and his General Theory .
Formats

QJAE_17_3_Kates.pdf

PDF (377.24 KB)

Read more

Our Classical Macro Heritage

11/06/2014Quarterly Journal of Austrian Economics
This paper addresses the key shortcoming in the world of macro modeling, from a history-of-thought perspective.
Formats

Read more

Shield icon library