Review of Austrian Economics, Volumes 1-10

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Why the Austrians Are Wrong about Depressions

Booms and BustsAustrian Economics Overview

02/19/2015Review of Austrian Economics, Volumes 1-10
For many years, I have been critical of the Austrian theory of depressions and this led Walter Block to ask me to put my criticisms in print. Since in oral discussions, I am frequently accused of misrepresenting the theory, I asked him to give me a canonical version and he gave me the Rothbard...
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RAE_2_1_4.pdf

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The Inflationary Chaos Ahead

U.S. EconomyInterventionismMoney and Banking

11/25/2014Review of Austrian Economics, Volumes 1-10
There is no use talking about a return to a gold standard until the US has abolished the deficit in the federal budget and kept it balanced for a couple of years.
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Introductory Editorial

Austrian Economics Overview

11/25/2014Review of Austrian Economics, Volumes 1-10
Demand calls forth supply in the world of economic journals as much as in the “real” economic world. The proliferation of new journals since World War II has been a function of the increasing number of Ph.D.s and of the acute exigencies of “publish or perish.” But there is another category of new...
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A Critique of Monetarist and Austrian Doctrines on the Utility and Value of Money

Monetary TheoryPricesValue and Exchange

11/21/2014Review of Austrian Economics, Volumes 1-10
From The Review of Austrian Economics Vol. 1, No. 4, 1987. From the first, the Austrians entertained a wish ... to apply their marginal utility theory to the case of money—which both the enemies of this theory and some of its foremost sponsors . . . declared to be impossible. —Joseph A. Schumpeter...
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The Hermeneutical Invasion of Philosophy and Economics

10/16/2006Review of Austrian Economics, Volumes 1-10
Discipline after discipline, from literature to political theory to philosophy to history, have been invaded by an arrogant band of hermeneuticians, and now even economics is under assault.
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Rent Seeking: Some Conceptual Problems and Implications

07/20/2005Review of Austrian Economics, Volumes 1-10
The problem of identifying rent-seeking activity under real world conditions is shown in this article to be similar to that of determining monopoly waste and other market inefficiencies.
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rae1_1_8_5.pdf

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Ludwig von Mises's Monetary Theory in Light of Modern Monetary Thought

Money and BanksMoney and Banking

07/20/2005Review of Austrian Economics, Volumes 1-10
In re-evaluating the main elements of Mises's monetary theory, one thing especially stands out. Mises took great pains to establish his theory of money on the bedrock of value and price theory.
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rae8_1_4_2.pdf

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Cartels as Efficient Productive Structures

Monopoly and Competition

07/20/2005Review of Austrian Economics, Volumes 1-10
Thomas J. DiLorenzo VENTURA Acrobat 3.0 Import Plug-in
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rae9_2_2.pdf

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Knowledge, Judgment, and the Use of Property

The EntrepreneurLegal SystemCalculation and KnowledgeEntrepreneurshipPolitical Theory

07/20/2005Review of Austrian Economics, Volumes 1-10
Hans-Hermann Hoppe A Theory of Socialism and Capitalism Acrobat 3.0 Import Plug-in
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rae10_1_2.pdf

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Fiat Money as an Administrative Good

Money and BanksMoney and Banking

07/20/2005Review of Austrian Economics, Volumes 1-10
Yuri Kuznetsov suggests a scenario by which fiat money comes about, a scenario which may be useful for understanding some events in recent Russian history.
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rae10_2_7_2.pdf

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