NPPE—New Perspectives on Political Economy

NPPE_coverA Bilingual Interdisciplinary Journal
New Perspectives on Political Economy is a peer-reviewed semi-annual bilingual interdisciplinary journal, published since 2005 in Prague. The journal aims at contributing to scholarship at the intersection of political science, political philosophy, political economy and law. The main objective of the journal is to enhance our understanding of private property-, market- and individual liberty-based perspectives in the respected sciences. We also belive that only via exchange among social scientists from different fields and cross-disciplinary research can we critically analyze and fully understand forces that drive policy-making and be able to spell out policy implications and consequences. The journal welcomes submissions of unpublished research papers, book reviews, and educational notes.


ISSN 1801-0938 (On-line)
ISSN 1804-6290 (Print)

Vol. 17, no. 1 for download

Eduard Braun: The Importance of a Realistic Theory of Capital for Institutional Reform – The Case of Financial Accounting

Matúš Pošvanc: The Problem of Indifference and Choice. Answer to Nozick´s Challenge to Austrians

Piotr Szafruga: In Defense of Normative Value of the Spontaneous-Planned Dichotomy

Piotr Szafruga: Spontaneous Order Approach in Political Science

Vol 16, no. 1-2 for download

Youliy Ninov: An Alternative View on Saving and Investment From an Austrian Economics Perspective

Bradley K. Hobbs and Nikolai G. Wenzel: Income Inequality and Poverty: Are We Asking the Right Questions?

Jakub Bożydar Wiśniewski: Austrian Economics as a Paradigm of Golden Mean Thinking

Frank Daumann and Florian Follert: COVID-19 and Rent-Seeking Competition: Some Insights from Germany

Vol 15, no. 1-2 for download

Tomáš Frömmel: Response to Tullock: Why Do Entrepreneurs Not Study the Austrian Business Cycle Theory? A Game Theory Approach

Igor Wysocki, Walter E. Block and Łukasz Dominiak: Rothbard’s Welfare Theory: Some Support 

Dagmar Schulze Heuling: Challenging the Roads to Anarchy

Aidan Cooper and Walter E. Block: Symbiosis and Capitalism

Vol 14, no. 1-2 for download

Bradley K. Hobbs and Nikolai G. Wenzel: The Physiocrats: Friends or Foes of Liberty?

Ondřej Filipec: Europeanization of FDI Screening: What Model for the EU and its Member States?

Marco Lehmann-Waffenschmidt and Burak Erkut: Putting the ‘Mental’ into the Governmental: How Can Nudges Improve Shock Coping?

Moshe Yanovskiy and Sergei Zhavoronkov: Universal Suffrage: The Century of Corrupting Incentives?

William Hongsong Wang: Marketization and Limited Government Reforms in the Xi Jinping Political Era: A Policy Analysis

Vol 13, no. 1-2 for download

Antón Chamberlin, Walter E. Block: The Illogical Fear of Automation, Falling Wages, and Falling Prices

Darcy W. E. Allen, Chris Berg: Subjective political economy

Youliy Ninov: National Defense as a Private Good: Freedom as a Positive Externality

Derek Hunter, Joshua Hall: Fragile by Design: The Political Origins of Banking Crises and Scarce Credit by Charles Calomiris and Stephen Haber

Vol 12, no. 1-2 for download

Pierre Desrochers, Vincent Geloso: Snatching the Wrong Conclusions from the Jaws of Defeat: Part 1 – The Missing History of Thought: Depletionism vs Resourceship

Pierre Desrochers, Vincent Geloso: Snatching the Wrong Conclusions from the Jaws of Defeat: Part 2 – The Wager: Protagonists and Lessons

Nikolai G. Wenzel: Classical Communitarianism and Liberal Anomie: Toward an Individual yet Robust Theory of Citizenship

Youliy Ninov: A Free Market Alternative to Anarcho-Capitalism

Vol. 11. no. 1-2 for download

Francesca Spigarelli and Nikolai G. Wenzel: Monetary Union without Fiscal Union? The Euro Crisis and the Move Towards European Fiscal Union 

Vladimir Khrapko: Information, Shadow Banking and Fluctuations

Pavol Minárik, Marek Vokoun, Alena Zemplinerová: Economic freedom, reforms and entrepreneurship in Georgia 

The Economic Clashes of the Last Hundred Years by Larry H. White

Vol. 10, no. 1 for download (564 kB PDF)

Jan Winiecki: Lessons From Developmental Strategies Over The Last
Hundred Years 
Daniil Gorbatenko: Austrian Business Cycle Theory Without Unrealistic
Ivan Jankovic: Heterogeneous Capital and the Coasean Firm – A Critique of Some Recent Developments in the Austrian Theory of the Firm
Tyler Watts: Inventing Freedom: How the English-Speaking Peoples Made the Modern World by Daniel Hannan, 2013. 

Vol. 9, no. 1-2 for download (634 kB PDF)

Alexander William Salter: Aggregates and Methodological Individualism: 
A Relational Approach 
Jakub Bożydar Wiśniewski: Nonrivalness, Subjectivity and Capital – An 
Overview of the Austrian Theory of Club Goods 
Gwendoline Tuma and Nikolai G. Wenzel: “People, Your Government 
Has Returned to You!” The Czech Constitution of 1992 as Return to 
Constitutional Tradition 
The New Lombard Street: How the Fed Became the Dealer 
of Last Resort by Perry Mehrling, 2010. Princeton and Oxford: Princeton 
University Press

Vol. 8, no. 1-2 for download (565 kB PDF)

Richard M. Ebeling: The “Other” Ludwig von Mises: Economic Policy 
Advocate in an Interventionist World
J.G. Hülsmann: Ludwig von Mises and Libertarian Organisations: 
Strategic Lessons
Josef Šíma: A Note On Mises’s Vision of Social Harmony in (Central) 
Book Review
Why Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron 
Acemoglu & James Robinson, 2012. New York: Crown Publishers, 544p

Vol. 7, no. 2 for download (684 kB PDF)

Matthew McCaffrey: On Government Investment and Consumption
Eduard Braun: The Rationale Of Originary Interest
Nicolás Cachanosky: Mises On Fractional Reserves A Review On Huerta De Soto’s Argument
Book Review: TANSTAAFL - A Libertarian Perspective on Environmental Policy by 
Edwin G. Dolan, 2011

Vol. 7, no. 1 for download (702 kB PDF)

Ivan Jankovic: Economic Calculation, Maturity Mismatching and the Credit Cycle 
Peter Boettke: Anarchism and Austrian Economics 
Ben O’Neill: The Vampire Economy and the Market: An Assessment of Economic and Political Dynamics 
Book Review - Bourgeois Dignity: Why Economics Can´t Explain the Modern World by Deirdre N. Mccloskey, 2010 

Vol. 6, no. 2 for download (580 kB PDF)

Anthony J. Evans: A Nomos Approach to Social Change:Where Human Actionmeets Cultural Theory 
Pavel Chalupníček: “No One Can Serve Two Masters”:Is There a Conflict between Economics and Christianity in the Minds of Young Christian Economists? 
Emillea Conklin-Cohen: Book Review - The Invisible Hook:The Hidden Economics 
of Piratesby by Peter T. Leeson. 2009.

Vol. 6, no. 1 for download (600 kB PDF

William L. Anderson – Amit Shah: Free-Market Ideology or the Result of Economic Circumstances? An Examination of the Financial Deregulation Initiatives of the early 1980s 
Michael Dorsch: The long-term implications of the 2008 bailout for the American model of capitalism 
Nicolas Cachanosky: The endogenous stability of free banking. Crisis as an exogenous phenomenon 
David Howden: Book Review - The Austrian School: Market Order and Entrepreneurial Creativity by Jesús Huerta de Soto

Vol. 5, no. 2 for download (580 kB PDF)

James Rolph Edwards: The Financial Pathology of the Postwar American Welfare State 
Philipp Bagus: Monetary Reform - The Case for Button-Pushing
Hans-Hermann Hoppe: "The Yield from Money Held" Reconsidered 
Ondřej Šrámek: Islamic Economics: New Economic Paradigm, or Political Agenda? 

Vol. 5, no. 1 for download (363 kB PDF)

Art Carden: A Note on Profit, Loss, and Social Responsibility 
Barry D. Simpson, Scott A. Kjar: Mengerian Causality: The Case of the Entrepreneur 
Javier Aranzadi, Ángel Rodríguez, Jorge Turmo, Óscar Vara: The Praxeology of L. von Mises and the Theory of Action of Alfred Schütz 
Svetozar Pejovich: From Social Democracy to Liberal Socialism: A Property Rights Analysis of the Transition in Europe 
Walter E. Block: Rejoinder to Machaj on Indifference 
David Howden: Book Review - Property, Freedom, and Society: Essays in Honor of Hans-Hermann Hoppe by Jörg Guido Hülsmann and Stephan Kinsella (eds.) 

Vol. 4, no. 2 for download (370 kB PDF)

Joseph T. Salerno: Böhm-Bawerk's Vision of the Capitalist Economic Process: Intellectual Influences and Conceptual Foundations 
Brian P. Simpson: Austrian Trade Cycle Theory and Rationality 
Philipp Bagus: Monetary Reform and Deflation - A Critique of Mises, Rothbard, Huerta de Soto and Sennholz 
Nikolai Wenzel: Postmodernism and Its Discontents: Whither Constitutionalism After God and Reason? 

Vol. 4, no. 1 for download (320 kB PDF)

Enrico Colombatto, Arie Melnik: Productive and Non-Productive Entrepreneurship and the Interaction Between Founders and Funders 
Scott A. Beaulier, Joshua C. Hall: Collective Consumption Externalities and Charitable Giving 
Michal Kvasnička: Rothbard's Welfare Theory: A Critique 
Jeffrey M. Herbener: In Defense of Rothbardian Welfare Economics 
Brian Mokoro: Book Review - After War: The Political Economy of Exporting Democracy by Christopher Coyne 

Vol. 3, no. 2 for download (466 kB PDF)

William Barnett II, Walter Block: Saving and Investment: A Praxeological Approach 
Boudewijn R.A. Bouckaert: The Roots of our Liberties - On the Rise of Civil Society in the Medieval West 
Sam Peltzman: Regulation and the Wealth of Nations: The Connection between Government Regulation and Economic Progress 
Judit Kapás, Pál Czeglédi: Economic Freedom - A Hayekian Conceptualization 
Mateusz Machaj: A Praxeological Case for Homogeneity and Indifference 

Vol. 3, no. 1 for download (430 kB PDF)

Josef Šíma, Dan Šťastný: Editorial 
Marek Hudík: František Čuhel (1862-1914) (english version) 
Marek Hudík: František Čuhel (1862-1914) (česká verze) 
František (Franz) Čuhel: On the Theory of Needs 
František (Franz) Čuhel: K nauce o potřebách 

Vol. 3, no. 2 for download (430 kB PDF)
Richard M. Ebeling: Austrian Economics and the Political Economy of Freedom 
Bogdan Glăvan: Entrepreneurship, Externalities and Development: An Austrian Critique of the Hausmann-Rodrik New Argument for Industrial Policy 
Prema Popat, Benjamin Powell: Book Review - The Myth of the Rational Voter: Why Democracies Choose Bad Policies by Bryan Caplan 

Vol. 2, no. 2 for download (475 kB PDF)

Pál Czeglédi: Economic Growth and Institutional Coherence 
William Barnett II and Walter Block: Tyler Cowen on Austrian Business Cycle Theory: A Critique 
Dalibor Roháč: Evidence and Myths about Tax Competition 
Victoria Curzon Price: Economic Growth and Unequal Wealth Distribution: A Dynamic Approach 
Ludwig van den Hauwe: Book Review - Money, Bank Credit, and Economic Cycles by Jesús Huerta de Soto 

Vol. 2, no. 1 for download (300 kB PDF)

William Barnett II and Walter Block: Some Thoughts on Price Deflation 
Judit Kapás: The Coordination Problems, the Market and the Firm 
Roderick T. Long: Rule-following, Praxeology, and Anarchy
Barry Dean Simpson and Scott A. Kjar: A Diagrammatic Exposition of the Socialist Calculation Argument 
Jitka Koderová: Pronikání myšlenek rakouských ekonomů do výuky na českých vysokých školách před rokem 1989 

Vol. 1, no. 2 for download (350 kB PDF)

Laurent Carnis: Coase and the Economics of Crime 
Greg Kaza: The Austrian School in the American Economic Review (1911-2004): The Initial and Final Decades 
Michal Kvasnička: Independence and Responsibility of Central Banks
Eva Kindlová: Ovlivňování investic a „špatné“ investice 

Vol. 1, no. 1 for download (900 kB PDF)

Paul F. Cwik: The Inverted Yield Curve and the Economic Downturn
Aleksi Ylönen: Institutions and Instability in Africa: Nigeria, Sudan, and Reflections from Mises's Nation, State and Economy 
Christian Michel: End Of The Warriors 
J. Koderová: Monetární teorie v českém ekonomickém myšlení 90. let 20. století