The Best American Science and Nature Writing 2017 Hope Jahren, ed. Wilmington, Mass.: Mariner Books, 2017, 352 pp. Jason Morgan (jmorgan@reitaku-u.ac.jp) is an assistant professor at Reitaku University in Chiba, Japan. Quarterly Journal of Austrian Economics 21, no. 2 (Summer 2018) full issue, click here . The Earth’s climate is extraordinarily
Volume 18, Number 1 (Spring 2015) ABSTRACT : In March 2014, I presented a paper on Austrian Environmental Economics in Auburn, Alabama, as the F.A. Hayek Memorial Lecture at the Austrian Economics Research Conference, sponsored by the Ludwig von Mises Institute, which was subsequently published in the Quarterly Journal of Austrian Economics (Dolan
Volume 1, No. 2 (Summer 1998) A Geographical Perspective on Austrian Economics Pierre Desrochers About a year ago I more or less suddenly realized that I have spent my whole professional life as an international economist thinking and writing about economic geography, without being aware of it. —Paul Krugman, Geography and Trade It has
Volume 3, No. 1 (Spring 2000) The Hotelling Principle defines socially-optimal conservation of an exhaustible resource i a mathematically-defined, equilibrium environment in which no human action can occur. Nevertheless, the economics profession generally tends to view the Hotelling Principle as offering the promise of being operational
Volume 5, No. 2 (Summer 2002) A rational response to the possibility of large-scale environmental change is to establish the economic freedom of individuals to deal with it , if and when it comes. Capitalism and the free market are the essential means of doing this, not paralyzing government controls and “environmentalism.” Both in the
Volume 7, No.1 (Spring 2004) Austrian economics lacks a formalized, self-conscious theory of environmental economics. But in fact all of the major elements of such a theory already exist and in that sense what is needed is to piece together the relevant aspects of Austrian economics in order to draw out and focus a theory that is already
Volume 7, No. 2 (Summer 2004) Let us begin our analysis by making the distinction between free markets in their pure, laissez faire or capitalist dimension, on the one hand, and market socialism on the other. Markets for the libertarian are at the very core of this philosophical perspective. Free markets are based upon legitimately owned
Volume 7, No. 2 (Summer 2004) Perhaps the best concise summary of this book is given by editor Alexander Tabarrok in his concluding chapter. As he points out, where most urbanists see market failures, the authors of The Voluntary City see market opportunities. Needless to say, such a perspective will come as a shock to theorists and
Volume 8, No. 3 (Fall 2005) Almost nowhere, however, are lay readers presented with a more sober and realistic perspective according to which the institutional framework of market economies has always been conducive to greater resource creation than depletion, that increased carbon dioxide concentrations will have benefits as well as costs,
Volume 9, No. 2 (Summer 2006) The economic theory of intergenerational sustainability is essentially neoclassical in nature and purports to provide a prescriptive framework for deciding how current generations can use “available resources” to assure and enhance the well being of both current and future generations. Intergenerational
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.