This paper defends the Euro from point of view Austrian Economics. Folloming Mises and Hayek it demonstrates is acting as a proxy gold standard disciplining polititians putting limit to growth welfare state. Key words: Gold standard, fixed flexible exchange rates, state crisis, competition among monetary areas, keynesianism, monetarism, School. JEL Classification: N15, N45, O53, P11, X10. Resum...

This article presents an analysis of the current tenets Social teachings Catholic Church and their possible compatibility with free market theory practice. According to Author, Austrian School Economics, around creative entrepreneurship dynamic efficiency, can provide a new fruitful nexus between market.
 Key words: Doctrine, market, classical liberalism, entrepre-neurship, School.
 J...

When we consider investigating function of macromole-cules, it is hardly possible to draw an experiment map without taking interactions of other molecules (ligands) into account, whether they could be metal ion, ATP, hormone, carbohydrate, lipid, nucleic acid, DNA, RNA, peptide and protein. In other words, no biological function can be elucidated without molecular interactions. Therefore, the s...

India has been running large-scale interventions in the energy sector over the last decades. Still, there is a dearth of reliable and readily available price and income elasticities of demand to base these on, especially for domestic use of traditional fuels. This study uses the linear approximate almost ideal demand system (LA-AIDS) using micro data of more than 100,000 households sampled acro...

In three previous studies the Water-Jel (WJ) system was found to protect burn wounds from microbial contamination, to have excellent analgesic and cooling effects when used as a first-aid dressing and to be bactericidal to 15 microorganisms including yeasts tested from the Ostrava Burn Unit. Now a new WJ system has been introduced without povidone iodine. An extensive bacteriological laboratory...

This article is a response to Huber (2013) Notes on the occasion of reading Jesús Huerta de Soto. We first analyze and critique five main arguments brings forward against Soto’s theory monetary reform plan. Second, we clarify some Huber’s misunderstandings regarding Austrian economics in general. Finally, proceed criticize New Currency School ideal system 100% fiat money.
 Key words: banki...

The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. Start typing the Abstract here. JEL Classification Numbers: JEL no. here

This work consists on an analysis of the arguments used by Randall Holcombe to justify inevitability existence a monopoly services defence and security. We understand that his justification is incomplete because definition he uses, regarding need in provision this type, does not fit with Austrian public goods or monopoly. Besides, it take into account historical evidence these competition. Keyw...

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