Steve Horwitz's Publications Page

This is just a selection of my old and recent publications. I hope to continue to add to this collection. Where possible, I have included a PDF of the actual published version. If you have any problems with the downloads, email me.


Wal-Mart to the Rescue:  Private Enterprise’s Response to Hurricane Katrina,” The Independent Review, 13 (4), Spring 2009, pp. 511-28.

Fascism:  Italian, German, and American,” review of Jonah Goldberg, Liberal Fascism:  The Secret History of the American Left from Mussolini to the Politics of Meaning, The Independent Review, 13 (3), Winter 2009, pp. 441-46.

Ought Implies Can,” The Freeman, 59 (4), May 2009, pp. 34-36.

Money:  How it Works and Why,” part of the “Key Concepts in Free Markets” series, Fraser Forum, Vancouver, BC: Fraser Institute, April 2009, pp. 16-17.

The ‘Forgotten People’ are Already Doing Something for Economic Recovery,” Washington Examiner, February 13, 2009.


“Analogous Models of Complexity:  The Austrian Theory of Capital and Hayek's Theory of Cognition as Adaptive Classifying Systems,”Explorations in Austrian Economics, Roger Koppl, ed., volume 11 of Advances in Austrian Economics, 2008, pp.  143-66

Is the Family a Spontaneous Order?Studies in Emergent Order, 1, 2008, available at: (invited contribution).

Giving the Fed New Powers Ignores History,” op-ed, Cato Institute,, June 13, 2008.

Government Intervention is Needed to Solve the Housing Crisis? It Just Ain’t So,” The Freeman, 58 (4), May 2008, pp. 6-7.

Profit:  Not Just a Motive,” The Freeman, 58 (2), March 2008, pp. 21-23.

Making Hurricane Response More Effective: Lessons from the Private Sector and the Coast Guard During KatrinaPolicy Comment #17, Mercatus Center, Washington, DC, March 19, 2008.

Heterogeneous Human Capital, Uncertainty, and the Structure of Plans: A Market Process Approach to Marriage and Divorce” (with Peter Lewin), Review of Austrian Economics, 21 (1), March 2008, pp. 1-21.

 “Free-Market Money: A Key to Peace,” The Freeman, 58 (1), January-February 2008, pp. 13-15.


Are Our Graduates College-Writing Ready? What High Schools Could Do to Help,”  Education Week, 27 (2), September 5, 2007, p. 27.

Capitalism and the Family,” The Freeman, July-August 2007, 57 (6). (PDF)

A Writing Program that Works:  St. Lawrence's Faculty-Driven First-Year Program,” (with Hillory Oakes), Pope Center for Higher Education Policy Clarion Call, August 29, 2007,

Leftists for Hayek:  What Happens When a Socialist Applies the Insights of Austrian Economics?” review of Ted Burczak's Socialism After Hayek, Reason Magazine, July 2007, 39 (3), pp. 65-69.

Review of F. A. Hayek, The Road to Serfdom: Text and Documents, The Definitive Edition (part of the Collected Works of F. A. Hayek, edited by Bruce Caldwell), Economic History Services website (,, June 2007.

Language, Monetary Exchange, and the Structure of the Economic Universe: An Austrian-Searlean Synthesis,” in Economics and the Mind, Barbara Montero and Mark White, eds., New York:  Routledge, 2007, pp. 75-88.


Monetary Disequilibrium Theory and Austrian Macroeconomics: Further Thoughts on a Synthesis,” in Money and Markets: Essays in Honor of Leland B. Yeager, Roger Koppl, ed., Routledge, 2006, pp. 166-85.

Hayek and Freedom,” The Freeman, May 2006, 56 (4), pp. 26-28.


The Limits of Economic Expertise: Prophets, Engineers, and the State in the History of Development Economics,” (with Peter J. Boettke), History of Political Economy, 37 (1), annual conference volume supplement, 2005, pp. 10-39.

The Functions of the Family in the Great Society,” Cambridge Journal of Economics, 29 (5), September 2005, pp. 669-84.

 “Two Worlds at Once:  Rand, Hayek, and the Ethics of the Micro and Macro-cosmos,” Journal of Ayn Rand Studies, 6 (2), Spring 2005, pp. 375-403 (invited contribution as part of a symposium on “Ayn Rand Among the Austrians”).

F. A. Hayek:  Austrian Economist,” review essay on Bruce Caldwell's Hayek's Challenge and Alan Ebenstein's Hayek's Journey, Journal of the History of Economic Thought, 27 (1), March 2005, pp. 71-85. PDF of manuscript.


Monetary Calculation and the Unintended Extended Order: The Misesian Microfoundations of the Hayekian Great Society,Review of Austrian Economics, 17 (4), December 2004, pp. 307-21.

Money and the Interpretive Turn:  Some Considerations,Symposium, 8 (2), Summer 2004, pp. 249-66 (invited contribution for a special issue in honor of G. B. Madison).


Rand, Rush, and De-totalizing the Utopianism of Progressive Rock,”  Journal of Ayn Rand Studies, 5 (1), Fall 2003, pp. 161-72 (invited contribution).

The Costs of Inflation Revisited,” Review of Austrian Economics, 16 (1), March 2003, pp. 77-95.

Say's Law of Markets:  An Austrian Appreciation,” in Two Hundred Years of Say's Law: Essays on Economic Theory's Most Controversial Principle, Steven Kates, editor, Northampton, MA:  Edward Elgar, 2003, pp. 82-98.


Entrepreneurship, Exogenous Change, and the Flexibility of Capital,” Journal des Economistes et des Etudes Humaines, 12 (1), March 2002, pp. 67-77  (invited submission for an issue in honor of Israel Kirzner).


From Smith to Menger to Hayek: Liberalism in the Spontaneous Order Tradition,The Independent Review, 6 (1), Summer 2001, pp 81-97. Reprinted in The Challenge of Liberty:  Classical Liberalism Today, Robert Higgs and Carl Close, eds., Oakland:  Independent Institute, 2006.


From The Sensory Order to the Liberal Order: Hayek's Non-rationalist Liberalism,Review of Austrian Economics, 13 (1), March 2000, pp. 23-40.


Hierarchical Metaphors in Austrian Institutionalism:  A Friendly Subjectivist Caveat,” in Methodological Issues in the Subjectivist Paradigm:  Essays in Memory of Ludwig Lachmann, Roger Koppl and Gary Mongiovi, editors, Routledge, 1998.

Keynes and Capitalism One More Time:  A Further Reply to Hill,” Critical Review, 12 (1/2),  Winter-Spring 1998, pp. 95-111 (invited reply).

Monetary Calculation and Mises's Critique of Planning,” History of Political Economy, 30 (3), Fall 1998, pp. 427-50.


Labor Market Coordination and Monetary Equilibrium:  W. H. Hutt's Place in 'Pre-Keynesian' Macro,” Journal of Labor Research, 18 (2), Spring 1997, pp. 205-26.


Capital Theory, Inflation, and Deflation:  The Austrians and Monetary Disequilibrium Theory Compared,” Journal of the History of Economic Thought, 18 (2), Fall 1996, pp.287-308.  Reprinted in The Legacy of Friedrich von Hayek, Vol III:  Economics, Peter J. Boettke, ed., Cheltenham UK:  Edward Elgar, 2000.

Keynes on Capitalism:  Reply to Hill,” Critical Review, 10 (3), Summer 1996, pp. 353-72 (invited submission).


Feminist Economics:  An Austrian Perspective,” Journal of Economic Methodology, 2 (2), December 1995, pp. 259-279.


Complementary Non-Quantity-Theory Approaches to Money:  Hilferding's Finance Capital and Free Banking Theory,History of Political Economy, 26 (2), Summer 1994, pp. 221-238.


Spontaneity and Design in the Evolution of Institutions:  The Similarities of Money and Law,Journal des Economistes et des Etudes Humaines, 4 (4), December 1993, pp. 571-587.


Monetary Exchange as an Extra-Linguistic Social Communication Process,Review of Social Economy, 50 (2), Summer 1992, pp. 193-214.  Reprinted in Individuals, Institutions, Interpretations:  Hermeneutics Applied to Economics, David L. Prychitko, editor, Aldershot, UK:  Avebury Publishing, 1995, chapter 9, pp. 154-175.


A Subjectivist Approach to the Demand for Money,” Journal des Economistes et des Etudes Humaines, 1 (4), December 1990, pp. 459-71.

Competitive Currencies, Legal Restrictions, and the Origins of the Fed:  Some Evidence from the Panic of 1907,” Southern Economic Journal, 56 (3), January 1990, pp. 639-49.  Reprinted in The International Library of Macroeconomic and Financial History:  Free Banking (3 vols.), Lawrence White, editor, Aldershot, UK:  Edward Elgar, 1993, v. 2, pp. 330-340.

Last updated: May 24, 2009