QJAE Vol. 22, No. 4 (Winter 2019) and Vol. 23, No. 1 (Spring 2020) Are Now Online

By: Mises Institute

Two new issues of the Quarterly Journal of Austrian Economics are now available online.

Vol. 22, no. 4 features an article by Dr. Mark Thornton on an unpublished note from the early 1960s by Murray Rothbard on the economics of antebellum slavery. Other highlights include a response by Dr. Joseph Salerno to Dr. Karl-Friedrich Israel on the wealth effect and the law of demand, as well as a book review from Dr. David Gordon of Janek Wasserman’s book The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas.

Vol 23. no. 1 includes an interesting look by Dr. Mark A. DeWeaver at extending Austrian business cycle theory to the command economy, demonstrating that Mises’s socialist commonwealth would not be free from Rothbardian error cycles. Other notable articles include a critique of intellectual property by Dr. Jakub Bożydar Wiśniewski, a tribute to Oskar Morganstern from Dr. Richard Ebeling, and a response from Márton Kónya to the economic analysis of The People’s Republic of Walmart.

Volume 22, no. 4 (Winter 2019)


An Overlooked Scenario of “Reswitching” in the Austrian Structure of Production
by Er’el Granot

The Macroeconomic Models of the Austrian School: A History and Comparative Analysis
by Renaud Fillieule

Rothbard on the Economics of Slavery
by Mark Thornton

Notes and Replies:

The Wealth Effect and the Law of Demand: A Comment on Karl-Friedrich Israel
by Joseph T. Salerno

A Note on Some Recent Misinterpretations of the Cantillon Effect
by Arkadiusz Sieroń

The Relevance of Bitcoin to the Regression Theorem: A Reply to Luther
by George Pickering

Book Reviews:

Narrative Economics: How Stories Go Viral and Drive Major Economic Events
by Robert J. Shiller
Reviewed by Brendan Brown

Indebted: How Families Make College Work at Any Cost
by Caitlin Zaloom
Reviewed by Jeffrey Degner

The Bitcoin Standard: The Decentralized Alternative to Central Banking
by Saifedean Ammous
Reviewed by Kristoffer M. Hansen

Beyond Brexit: A Programme for UK Reform
by The Policy Reform Group
Reviewed by George Pickering

Prosperity and Liberty: What Venezuela Needs…
by Rafael Acevedo, ed.
Reviewed by David Gordon

Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly
by John Quiggin
Reviewed by David Gordon

The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas
by Janek Wasserman
Reviewed by David Gordon


Remembering Ulrich Fehl, German Economist and Prominent Scholar with a Deep Knowledge of Austrian Economics
by Peter Engelhard

Volume 23, no. 1 (Spring 2020)


Discovering Markets
by Marius Kleinheyer and Thomas Mayer

Beyond Calculation: The Austrian Business Cycle in the Socialist Commonwealth
by Mark A. DeWeaver

On the Impossibility of Intellectual Property
by Jakub Bożydar Wiśniewski

Planned Economy and Economic Planning: What The People’s Republic of Walmart Got Wrong about the Nature of Economic Planning
by Márton Kónya

Book Reviews:

Ribatarianizumu: Amerika wo yurugasu jiyūshijōshugi (Libertarianism: The Ultrafreedomism Shaking Up America, published only in Japanese)
by Yasushi Watanabe
Reviewed by Jason Morgan

Unprofitable Schooling: Examining Causes of, and Fixes for, America’s Broken Ivory Tower
by Todd J. Zywicki and Neal P. McCluskey (ed.)
Reviewed by Jason Morgan

American Bonds: How Credit Markets Shaped a Nation
by Sarah L. Quinn
Reviewed by Patrick Newman

The Economists’ Hour: False Prophets, Free Markets, and the Fracture of Society
by Binyamin Appelbaum
Reviewed by David Gordon

The Great Reversal: How America Gave Up on Free Markets
by Thomas Philippon
Reviewed by David Gordon

Socialism Sucks: Two Economists Drink Their Way through the Unfree World
by Robert Lawson and Benjamin Powell
Reviewed by David Gordon

Banking and Monetary Policy from the Perspective of Austrian Economics
by Annette Godart-van der Kroon and Patrik Vonlanthen (ed.)
Reviewed by Joseph T. Salerno


Remembering Oskar Morganstern
by Richard Ebeling

The Quarterly Journal of Austrian Economics is also available on Scholastica.

If you are interested in submitting an article to the QJAE, learn more here.

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