Pascal Salin thinks of the monetary economics of the Austrian and Chicago schools as modern versions of the classical price specie flow theory, and suggests reconciliations between the two.
- Articles
- Notes and RepliesAt least some Chicago school economists are indeed open to a genuine free market in money, says Karl-Friedrich Israel in his reply to Salin. But Chicago's instrumentalism presents a problem.
- Notes and RepliesIn this reply to Pascal Salin, Nikolay Gertchev contends that an unintended contribution of Salin's article is that methodological differences between the Austrian and Chicago schools prevent reconciliation.
- Notes and RepliesAustrians can learn from engaging with non-Austrian monetary theorists. But Chicagoans would do well to pay attention to Austrian thought, as Kristoffer Hansen shows in this reply to Salin.
- Notes and RepliesCarmen Dorobăț comments on Pascal Salin's efforts to reconcile the Chicago School and the Austrian School, and suggests that such a reconciliation between the two traditions is impossible.
- Book ReviewsPatrick Newman reviews Schug, Wood, Ferrarini, and Niederjohn’s vital response to the anti-capitalistic teaching in modern high school history classrooms.
- Book ReviewsMisguided notions of state capabilities for entrepreneurship should not enter public discourse without a robust retort, says William Miller. Wennberg and Sandström's book provides this challenge to the entrepreneurial state.
- Book ReviewsPaul Cwik reviews Machaj's new Capitalism, Socialism, and Property Rights, which benefits from the author's direct experience with a centrally planned economy and the subsequent transition to a market-based economy.