Austrian Economics in Contemporary Business Applications
Austrian Economics in Contemporary Business Applicationsedited by Hunter HastingsAuburn, Ala.: Mises Institute, 2020, 68 pp. Fernando D’Andrea (dodandrea@gmail.com) is a Ph.D. student in entrepreneurship at Oklahoma State University. The six-chapter book Austrian Economics in Contemporary Business Applications promises to follow Mises’s and
The End of the Abe Administration—The End of Abenomics? Books on Past and Present in the Japanese Political Economy
Jason Morgan (jmorgan@reitaku-u.ac.jp) is associate professor at Reitaku University in Kashiwa, Japan. PRIME MINISTER ABE SHINZŌ’S RESIGNATION AND THE END OF AN ERA IN JAPAN On August 28, 2020, Japanese prime minister Abe Shinzō entered a Tokyo press conference and began speaking.
Tax Tyranny
Tax Tyrannyby Pascal SalinCheltenham, UK: Edward Elgar, 2020, 224 pp. Jörg Guido Hülsmann (guido.hulsmann@univ-angers.fr) is Professor of Economics at the University of Angers. Pascal Salin is one of the most important Continental European economists. Throughout his career, he has developed and defended the
Re-reading Economics in Literature: A Capitalist Critical Perspective
Re-reading Economics in Literature: A Capitalist Critical Perspectiveby Matt SpiveyLanham, Maryland: Lexington Books, 2021, 133 pp. David Gordon (dgordon@mises.org) is a senior fellow at the Mises Institute and editor of the Journal of Libertarian Studies. Matt Spivey asks an important question. Literary critics
Against Biden’s Mandates
We oppose President Biden's lawless and authoritarian new mandates announced yesterday. We also denounce his divisive rhetoric toward unvaccinated Americans, his reckless antipathy for federalism, and his threats to usurp state governors. Contra Mr. Biden, this is entirely about freedom and personal choice. His proposed
Lockdowns and Vaccine Mandates: China’s Most Successful Exports?
It is neither Red Scare hyperbole nor misplaced attribution to say that the covid regime established in the Western world is primarily a product of the Chinese regime. I refer not strictly to the claim that covid-19 originated in a
Four Reasons the Next Recession Will Be Worse Than the Last One
With the stock market at all-time highs and seemingly endless “free liquidity” being provided by the Fed, the last thing most people can envision right now is a major recession—particularly one that will be the worst since the Great Depression
The Psychology of Money by Morgan Housel- Book Review
“All money is imaginary,” answered the Calcatrix simply. “Money is magic everyone agrees to pretend is not magic.”
How to Cheat with Cost-Benefit Analysis: Double Count the Benefits
Because my economics courses focus on public policy, I often deal with benefit-cost analyses (BCA) in them. While little discussed, the central idea is simply to identify and include all the relevant benefits and costs of a decision, do our
Paul Krugman’s Austrian Obsession
Paul Krugman seems to have a very unhealthy obsession with Austrian economics and especially the school’s theory of the business cycle. More than two decades ago, he attacked it (wrongly calling it a “Hangover Theory” and trying to make a