The new issue of the Quarterly Journal of Austrian Economics is now available online.
Money and BanksCapital and Interest Theory
The Fed's policy of price stability, as in the 1920s, may catch economists again unaware of the damage inflicted by this policy.
Money and BanksU.S. HistoryMoney and Banking
Naturally, Fed chairmen claim they are never influenced by politicians who threaten them. But it would by naïve to take this at face value.
Big GovernmentLegal System
Rulings and regulations that force companies to keep unprofitable businesses operating "for the public good," are really a net loss for the public good.
Money and BanksMoney and Banking
The Federal Reserve is not politically independent — and it never was.
Bureaucracy and RegulationThe Police State
Every government law, regulation, or ordinance must ultimately meet noncompliance with jail cells and government agents with guns.
Cronyism and CorporatismLabor and WagesPoverty
The dominant immigration narrative in France ignores the importance of free trade, freedom in employment, and the importance of voluntary charity.
The Labour Party wants the Bank of England to actively promote certain industries over others, not realizing that the Bank has already been doing this indirectly for decades.