Institute Publications

Displaying 1 - 10 of 2554

The Problem with Idolizing "Efficiency"

Free MarketsProtectionism and Free Trade

08/15/2018The Austrian
When economists idolize "efficiency" while ignoring property rights, they can justify pretty much anything.
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Interview with Murray Rothbard on Man, Economy, and State, Mises, and the Future of the Austrian School

History of the Austrian School of Economics

08/14/2018Austrian Economics Newsletter
"There is one good thing about Marx: he was not a Keynesian. I recently asked Yuri Maltsev, former Soviet economist, why is it that things seem to have fallen apart so rapidly in the Soviet Union in the last twenty years. He said in the last twenty years, the leaders of the Soviet Union have...
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Today's Leading Mises Scholar on the Man and His Legacy

BiographiesHistory of the Austrian School of Economics

08/14/2018The Austrian
"He used Menger’s edifice as a framework, and then he solidified its foundations and proceeded to build an entire basilica on top of it. It was an enormous achievement."
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Nonsense on Deflation

Money and BanksU.S. Economy

08/11/2018The Free Market
That deflation is always and everywhere a bad thing is now an almost universal article of faith among mainstream economists and financial commentators.
Formats

dec08_0.pdf

PDF icon PDF (364.71 KB)
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Subjectivity, Arbitrariness, Austrian Value Theory, and a Reply to Leithner

SubjectivismValue and Exchange

07/31/2018Quarterly Journal of Austrian Economics
Contrary to the Austrian community’s former perception, we revealed value investing’s incompatibility with Austrian economics
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New-Product Research and Development: The Earliest Stage of the Capital Structure

Business CyclesCapital and Interest Theory

07/30/2018Quarterly Journal of Austrian Economics
Deepening the understanding of the capital structure by unpacking the process that coordinates capital within the new-product R&D stage of the capital structure is the purpose of this paper.
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Protected Lying: How the Legal Doctrine of "Absolute Immunity" Has Created a "Lemons Problem" in American Criminal Courts

Legal SystemU.S. History

07/30/2018Quarterly Journal of Austrian Economics
This paper applies not only Akerlof’s analysis of bad products driving good products out of certain markets, but also analysis from Mises and Rothbard and others, along with various theories of regulation, to show how the legal doctrine of prosecutorial immunity creates a “lemons” problem in...
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Schumpeter's Review of Frank A. Fetter's Principles of Economics

EntrepreneurshipHistory of the Austrian School of Economics

07/30/2018Quarterly Journal of Austrian Economics
Schumpeter's review, now available in English, emphasizes that Fetter's Principles is more than merely a textbook, and highlights the close connection between Fetter’s theory and the economics of the Austrian school, especially his classification of entrepreneurial activity.
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The Progressive Era

U.S. History

07/30/2018Quarterly Journal of Austrian Economics
More than twenty years after his death, Rothbard is proving that he still has much to teach us.
Formats
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How Economics Professors Can Stop Failing Us

Education

07/30/2018Quarterly Journal of Austrian Economics
Payson argues that a good first step would be for the profession to adopt a code of professional ethics that promotes scientific integrity and the objectivity, reproducibility, and transparency of research in economics.
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