Institute Publications

Displaying 11 - 20 of 2589

The Income Effect Reconsidered

Prices

04/15/2019Quarterly Journal of Austrian Economics
There is a type of income effect in Austrian or causal-realist price theory, and the difference between neoclassical and Austrian microeconomics is smaller than has been portrayed, says Karl-Friedrich Israel.
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Is the Virus of International Macroeconomic Interventionism Infectious? An ABCT Analysis

Austrian Economics OverviewBusiness Cycles

04/15/2019Quarterly Journal of Austrian Economics
Can credit expansion in one part of the world infect a laissez-faire economy with a boom-bust cycle? Block, Engelhardt, and Herbener argue that the laissez-faire economy is largely sheltered.
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Agree or Disagree? On the Role of Negotiations for the Valuation of Business Enterprises

Philosophy and MethodologySubjectivismValue and Exchange

04/15/2019Quarterly Journal of Austrian Economics
Valuation of businesses must be based on appraisement, investment appraisal, and— terra incognita in Austrian economics—negotiation. Discounted cash flow and "relative valuation" methods are well-suited for negotiation purposes.
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A Better Red: The Transition from Communism to Coca-Cola in Romania

Big GovernmentWorld History

04/13/2019Quarterly Journal of Austrian Economics
After the fall of the Berlin Wall, the newly freed former communist states welcomed companies like Coca-Cola, which brought both capital and managerial skill to economies ruined by communism.
Formats

qjae2_2_3.pdf

PDF icon PDF (26.52 KB)
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The Development of Municipal Fire Departments in the United States

Taxes and SpendingU.S. HistoryMonopoly and Competition

04/11/2019The Journal of Libertarian Studies
For many years in London, firefighting was provided privately by insurance companies. Oddly enough, the Americans rejected this model for the far-more-politicized fire department model we know today.
Formats

3_3_6_0.pdf

PDF icon PDF (1.31 MB)
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The Radical Libertarian Tradition in Antislavery Thought

World HistoryPrivate PropertyProduction Theory

04/10/2019The Journal of Libertarian Studies
The radicals advocated the right of the slaves to rebel, either individually or en masse , and to resort to violence in their own self-defense, and to call on those outside the slave system to come to their assistance.
Formats

3_3_5_0.pdf

PDF icon PDF (1.44 MB)
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Wilsonianism: The Legacy that Won't Die

U.S. HistoryWar and Foreign PolicyInterventionismPolitical Theory

04/06/2019The Journal of Libertarian Studies
As Americans it behooves us to reassess the Wilsonian democratic legacy. More than an ephemeral aspect of our national past, it may be the fate that we have never escaped.
Formats

9_2_7_0.pdf

PDF icon PDF (484.99 KB)
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The Place of Economic Calculation in the Economic Theory of Ludwig von Mises

SocialismCalculation and KnowledgeSubjectivism

03/20/2019Quarterly Journal of Austrian Economics
The marginalist revolution posed a fundamental problem for economic theory. Mises’s approach not only solved the problem of economizing resources in a division of labor, but provides a robust framework for economic research.
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Banking, Nation States, and International Politics: A Sociological Reconstruction of the Present Economic Order

Money and BanksMoney and Banking

03/18/2019Review of Austrian Economics, Volumes 1-10
Hoppe wrote in 1990 of the road that governments would take to create a one-world government, one-world central bank, and one-world currency. He was almost spot on.
Formats

rae4_1_3_3.pdf

PDF icon PDF (2.18 MB)
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Bastiat's Legacy in Economics

History of the Austrian School of Economics

03/15/2019Quarterly Journal of Austrian Economics
Bastiat’s great themes — harmony rather than equilibrium, property versus spoliation, and property and value — have been almost completely neglected in professional economic science during the unfortunate twentieth century.
Formats

qjae4_4_3.pdf

PDF icon PDF (78.37 KB)
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