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The Review of Austrian Economics - Review of Austrian Economics: Complete Issue Free Access

Volume 34, Issue 2 (June 2021)


A note from the Editors, Christopher J. Coyne & Peter Boettke:

Steve Horwitz passed away on June 27, 2021, due to complications from cancer. He was a dear friend and co-author, and former President of the Society for the Development of Austrian Economics. He also served as an Associate Editor of the RAE since 1998 and was an outstanding contributor to the journal as an author, referee, and editor. 

Among Steve's many contributions, he specialized in macroeconomics.  The RAE recently published a symposium on his book on macroeconomics, Microfoundations and Macroeconomics, consisting of younger scholars reflecting on the impact of Horwitz’s work and its future directions.  In honor of Steve, the issue of the RAE containing this symposium will be open access and free of charge. 



Progress by Consent: Adam Smith as Development Economist (this opens in a new tab) by William Easterly


Hayek on Complexity, Uncertainty and Pandemic Response (this opens in a new tab) by Mark Pennington


William Beveridge’s “Mock Trail of Economists” (this opens in a new tab) by David M. Levy & Sandra J. Peart


Amimetic Assets and Persistent Profits Under Competition (this opens in a new tab) by Robert Gmeiner


Microfoundations and Macroeconomics: 20 Years (this opens in a new tab) by Nicolás Cachanosky


Two Paths Forward for Austrian Macroeconomics (this opens in a new tab) by William J. Luther


Speculative Holding of Goods and the Macroeconomic Implications of Interventions into the Pricing Process (this opens in a new tab) by G.P. Manish


Forced Savings and Political Malinvestment: An Application of Steve Horwitz’s Microfoundations and Macroeconomics (this opens in a new tab) by Bryan P. Cutsinger


Microfoundations and Macroeconomics at 20: Some Reflections (this opens in a new tab) by Steven Horwitz



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