Economics and Ethics publication
Comment on Michael V. Szpindor Watson’s “Mueller and Mises: Integrating the Gift and ‘Final Distribution’…
John D. Mueller
While Michael Watson’s effort to fill the theoretical gap in modern ‘neoclassical’ economic theory is welcome, it too falls short through ‘underdetermination,’ attempting to make a single element—the theory of utility—explain both consumption and ‘final distribution.’
Articles
Quarterly Journal of Austrian Economics 18, no. 2 (Summer 2015) / September 16, 2015
The ‘Missing Element’ in Modern Economics
John D. Mueller
Austrian Economics scholars observe Christmas by gift-giving in even greater proportion than the general population. But this creates an explanatory problem, because no school of modern economics, including the Austrian School, has an adequate theory of personal gifts.
Articles
Quarterly Journal of Austrian Economics 18, no. 2 (Summer 2015) / September 16, 2015
How the ‘Reserve’ Dollar Harms America
John D. Mueller
The economic crisis of 2008-09 was similar to the crisis that triggered the Great Depression–both caused by the ‘demand duplication’ required by using the dollar as an official reserve currency.
Articles
Wall Street Journal / November 21, 2014
Paul Krugman: The Dollar’s Reserve-Currency Role Is A ‘Much Over-Rated Phenomenon’
John D. Mueller
Keynesians who like Professor Krugman engage in magical thinking have never been infrequent. What is new is that they are being joined in growing numbers by Keynesians who don’t.
Articles
Forbes / October 27, 2014
Where the Gold Standard Act of 1984 Came From–and Why It’s Still Relevant
John D. Mueller
The debate that led to Jack Kemp’s Gold Standard Act of 1984 also explains why the agreement on gold that eluded President Ronald Reagan is now finally possible.
Articles
Kemp Forum on Growth / June 11, 2014
The Major Problems Congress Created by Ending the Classical Gold Standard
John D. Mueller
Congress created the three major economic problems that haunt the United States today by ending the classical gold standard.
Articles
Association of Private Enterprise Economics (APEE) Annual Conference / April 15, 2014
(Neo-) Scholastic Economics and Morality
John D. Mueller
Getting the history of economic theory wrong inevitably leads to inferior modern theory, particularly regarding morality and economics.
Uncategorized
Association of Private Enterprise Economics (APEE) Annual Conference / April 14, 2014
An American Theory of Public Choice
John D. Mueller
Despite its apparent attractions it is time to retire the neoclassical theory of public choice and re-adopt the Founders’ theory of American public choice.
Articles
Library of Law and Liberty / July 8, 2013
Fiscal Fitness
John D. Mueller
President Obama will have succeeded, and any candidate of either party contending for the presidency in 2016 will succeed or fail, in precise proportion to these classic and successful principles of American public finance.
Articles
The Weekly Standard / February 25, 2013