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On the optimum quantity of money
- W. Barnett, W. Block
- Economics
- 1 March 2004
It is pretty well established within Austrian economics that the optimum quantity of money is whatever level is established at any given time. The logical implication of this claim is that any amount…
Cyberslacking, Business Ethics and Managerial Economics
- W. Block
- Business
- 20 July 2011
Often, new technology brings in its train unprecedented problems. As far as computers, e-mail and the internet are concerned, this certainly holds true in many arenas. But there is one aspect of this…
Guns, Germs, and Steel: The Fates of Human Societies
- W. Block
- Art
- 1 October 2002
developed nearly 100 years ago, has never worked and will never work. The book powerfully draws essential links between art and nature. Hydrologists, meteorologists, ecologists, engineers, and others…
Microeconomics
- Alan G. Futerman, W. Block
- EconomicsThe Austro-Libertarian Point of View
- 2021
Corporate alliances – groups of firms that pursue projects jointly – are a common governance structure used to organize economic activity, but little is known about their performance relative to…
Entropy in the Canadian Economics Profession: Sampling Consensus on the Major Issues
- W. Block
- Economics
- 1 June 1988
It is widely assumed that economists differ with each other on virtually every issue of relevance to their profession. Indeed, this supposed phenomenon is at the core of numerous jokes at their…
Transfers in Kind: Why They Can Be Efficient and Nonpaternalistic – Comment
- W. Block
- Psychology
- 6 July 2011
Bruce and Waldman make an important contribution regarding the Samaritan dilemma: the expectations of inheritance motivates the younger generation at the margin in the direction of welfare reducing…
Public Goods and Externalities: The Case of Roads
- W. Block
- Economics
- 21 July 2011
When government monopolization of the roadways is discussed by economists, the "externalities" argument is usually raised. The argument is said to be simple, clear, and irrefutable. In fact, none of…
Promotion, turnover and preemptive wage offers
Purpose – The reason for writing the paper is to cast doubt on the claim that the informational asymmetries uncovered by Bernhardt and Scoones constitute a market failure. Design/methodology/approach…
Yes, we have no chaff: A reply to Wagner’s “Austrian cycle theory: Saving the wheat while discarding the chaff”
- W. Block
- Economics
- 1 March 2001
Richard Wagner (2000) is an attack on the Austrian business cycle (ABC) theory. Although I shall be defending the latter against the former, I welcome Wagner’s contribution to the debate on the…
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