Vol. 27, Issue 3, 2024

Austrian investment theory emphasizes purposeful actions, learning, and individual judgment under uncertainty, in contrast to the static neoclassical and behavioral finance models.

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.

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.

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.

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.