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Jeffrey M. Herbener



Articles by Jeffrey M. Herbener

Action, Time, and the Market

March 31, 2019

The wellspring of all economic theory is the reality of the human condition. As a finite being, man makes a distinction between ends and means. He cannot attain his ends by an act of will alone, but must apply means to attain his ends. Man lives in an orderly but finite world. Using means produces …

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The Place of Economic Calculation in the Economic Theory of Ludwig von Mises

March 21, 2019

  ABSTRACT: In exalting the subjectivity of value, the marginalist revolution posed a fundamental problem for economic theory. Each person chooses how to allocate his means and thereby, economize his actions by rank ordering the value of alternatives. Being interpersonally incomparable, ordinal ranks cannot serve directly to economize means within a division of labor. Neoclassical …

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Final Call for Papers – ASSC 2019

January 15, 2019

Grove City College will host the fifteenth annual Austrian Student Scholars Conference, February 22-23, 2019. Open to undergraduates and graduate students in any academic discipline, the ASSC will bring together students from colleges and universities across the country and around the world to present their own research papers written in the tradition of the great …

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Modern Myths of Keynesian Economics

November 4, 2018

In this 56-minute talk, Jeffrey Herbener dissects and dismantles two central myths behind Keynesian doctrine: the Phillips Curve, a the Keynesian Multiplier. Presented at the Keynes and Keynesianism Conference, Sponsored by the Mises Institute and held in Harvard Square, Massachusetts; April 28-29, 1989.

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Who Is Frank Fetter?

August 22, 2018

Jeffrey Herbener discusses the significant contributions of Frank Fetter (1863–1949) on the implications of the marginalist revolution. Fetter identified with not only the Austrian school but in particular the branch that developed Menger’s causal-realist approach to economics. Fetter’s major achievement was to reform the Classical theory of income distribution to bring it into line with subjective value theory. …

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Austrian Student Scholars Conference, Feb. 16-17, 2018

November 16, 2017

Grove City College will host the fourteenth annual Austrian Student Scholars Conference, February 16-17, 2018. Open to undergraduates and graduate students in any academic discipline, the ASSC will bring together students from colleges and universities across the country and around the world to present their own research papers written in the tradition of the great Austrian School intellectuals such as Ludwig von Mises, F.A. Hayek, Murray Rothbard, and Hans Sennholz. Accepted papers will be presented in a regular conference format to an audience of students and faculty.Keynote lectures will be delivered by Drs. Guido Hülsmann and G.P. Manish.Cash prizes of $1,500, $1,000, and $500 will be awarded for the top three papers, respectively, as judged by a select panel of Grove

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Austrian Student Scholars Conference

November 25, 2015

Grove City College will host the twelfth annual Austrian Student Scholars Conference, February 26-27, 2016. Open to undergraduates and graduate students in any academic discipline, the ASSC will bring together students from colleges and universities across the country and around the world to present their own research papers written in the tradition of the great Austrian School intellectuals such as Ludwig von Mises, F.A. Hayek, Murray Rothbard, and Hans Sennholz. Accepted papers will be presented in a regular conference format to an audience of students and faculty.
Keynote lectures will be delivered by Drs. Mark Brandly and Matthew McCaffrey.
Cash prizes of $1,500, $1,000, and $500 will be awarded for the top three papers, respectively, as judged by a select panel of Grove City College faculty. Hotel accommodation will be provided to students who travel to the conference and limited stipends are available to cover travel expenses. Students should submit their proposals to present a paper to the director of the conference ([email protected]) by January 15. To be eligible for the cash prizes, finished papers should be submitted to the director by February 1.

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