Recent blog posts
Peng Xinwei (1907-67), author of a 900 page monetary history of China, deserves recognition as a Chinese Misesian monetary historian, say Song Li and Sue Xiong.
Did Jevons misinterpret Mills when he developed his sunspot theory of business cycles out of dissatisfaction with Mills's "commercial moods"? Looking closer shows Mills believed credit expansion drove these moods.
%22%20%2F%3E%3C%2Fsvg%3E)
Book Reviews Nikolay Gertchev's new book builds on Mises's advancements in monetary theory, and successfully presents the modern bureaucratized European banking system in a manner intelligible to the reader.
%22%20%2F%3E%3C%2Fsvg%3E)
Articles Was Mises's position in economics and the social sciences that of an isolated outsider, or was his research engaged with his contemporaries while remaining unique?
%22%20%2F%3E%3C%2Fsvg%3E)
Articles Modern technosocialists claim that access to large sets of economic data would allow the social planner, or a supercomputing machine, to plan the economy. Are they correct?
Wicksell rejected Mises's claim that the natural rate of interest and market interest rates may be interdependent, but evidence here supports several features of Mises’s business cycle theory.
By stifling competition, regulation diminishes the capacity of pension markets to serve pension plan participants. The prevalence of private pension failure suggests an excess, not an insufficiency, of regulation.
%22%20%2F%3E%3C%2Fsvg%3E)
Articles Prof Huerta de Soto’s contributions, though less well known among English-speaking Austrians, span economics, law, history, and political philosophy, establishing his work as among the most influential in Europe today.
%22%20%2F%3E%3C%2Fsvg%3E)
Book Reviews Victor Espinosa's "Modern Principles of Development Economics" highlights entrepreneurship and genuine savings as drivers of economic development, criticizes conventional development policies, and proposes institutional reforms to promote sustainable development.
%22%20%2F%3E%3C%2Fsvg%3E)
Articles Austrian investment theory emphasizes purposeful actions, learning, and individual judgment under uncertainty, in contrast to the static neoclassical and behavioral finance models.
%22%20%2F%3E%3C%2Fsvg%3E)
Book Reviews Who are the secretive Treasury officials who enforce government blacklists and dollar sanctions? Peter Earle reviews Saleha Mohsin's book on how the dollar came to be weaponized.