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  • David Howden

David Howden

Tags Business CyclesInterventionismMonetary TheoryMoney and Banking

Works Published inQuarterly Journal of Austrian EconomicsThe Free MarketSpeeches and PresentationsMises Daily ArticleArticles of Interest

AwardsO.P. Alford III Prize in Political EconomyDouglas E. French Prize at Mises University

Dr. David Howden is a Fellow of the Mises Institute and Chair of the Department of Business and Economics, and professor of economics, at Saint Louis University at its Madrid campus. He is also Academic Vice President of the Ludwig von Mises Institute of Canada, and the founding editor of the Journal of Prices & Markets. He is the author of over 50 scholarly articles and books, mostly focusing on the business cycle. His latest book, The Fed at One Hundred, co-edited with Dr. Joseph T. Salerno, overviews the Federal Reserve's history and the theory behind its operations over the last 100 years. 

All Works

Iceland's Banking Crisis: The Meltdown of an Interventionist Financial System

Booms and BustsThe FedGlobal EconomyMoney and Banks

06/09/2009Mises Daily Articles
Government interventions are at the root of the problem as they disrupt the incentive structure that bankers face, limiting their propensity to abide by this sensible practice. The explicit guarantee by the Central Bank of Iceland altered bankers' risk preferences, and resulted in the risky...
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Review of Finance and the Good Society, by Robert J. Shiller

Money and BanksMoney and Banking

07/30/2014Quarterly Journal of Austrian Economics
What defines a "good society" and how can we use finance to achieve it? Robert Shiller takes the former question as settled, and dedicates his new book Finance and the Good Society


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Review of Antifragile: Things that Gain, by Nassim Nicholas Taleb

Philosophy and Methodology

07/30/2014Quarterly Journal of Austrian Economics
No two buzzwords define the present crisis more than contagion and robustness in the world of economists and policy works.


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Review of Thinking, Fast and Slow, by Daniel Kahneman

Philosophy and MethodologySubjectivism

07/30/2014Quarterly Journal of Austrian Economics
How rational are humans? Many important implications hinge on this seemingly innocuous question hinge, for not only economists, but all social scientists.


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Review of The Subprime Solution: How Today's Global Financial Crisis Happened, and What to Do About It. By Robert J. Shiller

Booms and BustsGlobal EconomyBusiness Cycles

07/30/2014Quarterly Journal of Austrian Economics
It is with great trepidation and anticipation that we review Robert Shiller’s new book, The Subprime Solution . Trepidation as to the causes of the problem, which were expected to take a behavioral spin.


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