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The idea of multiple-self models in economics is that individual identity is the equilibrium result of the strategic interaction between sub-personal selves. These models fill the gap o...
In this article the author argues that the idea that fractional-reserve banking is fraudulent, espoused by Murray Rothbard in his book "The Case for a 100 Percent Gold Dollar," is flawed. In the autho...
Abstract The effectiveness of any law largely depends on the clarity of legal provisions and the activity of their enforcement institutions. Securities law, which is inherently complex, must be unambi...
Empirical estimates of monetary policy rules suggest that the behavior of U.S. monetary policymakers changed during the past few decades. However, for that same time period, statistical analyses of la...
Cowen (1997) criticizes Austrian Business Cycle Theory (ABCT) on eight grounds: 1. systematic errors; 2. inflation volatility; 3. confusion of inflation and savings; 4. confusion of inflation and in...
The information externality in entrepreneurship theory argues that the social benefits arising from entrepreneurial actions are greater than the private gains. Entrepreneurs who discover profit oppo...
This paper analyzes Rothbard’s welfare theory. It differs from other critiques of the theory in that it does not analyze the context of the theory but only its coherency and consistency with the res...
In this paper I will analyze the reform plans proposed by Ludwig von Mises, Murray N. Rothbard, Jesús Huerta de Soto, and Hans Sennholz. Though their contributions to monetary reform are significant...

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