Volume 18, Number 1 (Spring 2015) ABSTRACT: This paper examines Roger W. Garrison’s interpretation of John Maynard Keynes. Garrison has given economists a useful way to illustrate Keynes’s theory, but there are two fundamental problems with Garrison’s interpretation. First, the shape of the Hayekian triangle cannot be fixed in Keynes’s theory.
Quarterly Journal of Austrian Economics 18, no. 2 (Summer 2015 ) Symposium: Is There A Missing Element in Economics? ABSTRACT: John Mueller claims that Austrian economics does not have the tools to explain the economy. His major criticism against Neoclassical economics and its Austrian variant is that Austrian economics does not have an economic
Quarterly Journal of Austrian Economics 18, no. 2 (Summer 2015) Symposium: Is There A Missing Element in Economics? ABSTRACT: I am pleased to comment on Michael Watson’s paper, “Mueller and Mises: Integrating the Gift and ‘Final Distribution’ within Praxeology” (2015), which continues a conversation we have had on a gap I believe the Austrian
Quarterly Journal of Austrian Economics 18, no. 2 (Summer 2015) Symposium: Is There A Missing Element in Economics? ABSTRACT: John Mueller believes economics is fatally flawed because it cannot account for charitable love between persons. It therefore lacks an explanation of gifts, and thus, of “final distribution.” Mueller’s argument is
Quarterly Journal of Austrian Economics 18, no. 2 (Summer 2015) The present volume, prepared as a Ph.D. dissertation, is the only known work of Chi-Yuen Wu, a Chinese scholar contemporary with Ludwig von Mises. In 1939 Wu completed his doctorate at LSE under Lionel Robbins, and then returned to China at Southwest Associated Universities. Since
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.