Jesús Huerta de Soto

{{short description|Spanish economist of the Austrian School (born 1956)}}

{{family name hatnote|Huerta de Soto|Ballester|lang=Spanish}}

{{Infobox economist

| name = Jesús Huerta de Soto

| school_tradition = Austrian School

| image = Jesús Huerta de Soto 2014 (cropped).jpg

| caption = Jesús Huerta de Soto in 2014

| birth_date = {{Birth date and age|1956|12|23|df=y}}

| birth_place = Madrid, Spain

| death_date =

| death_place =

| institution = Universidad Rey Juan Carlos

| field = Political economics

| contributions =

| awards = King Juan Carlos International Prize for Economics, Adam Smith Prize, Franz Kuechel Prize for Excellence in Economic Education[http://en.fa.ru/university/news_events/Pages/2011.04.27%20-%20Renowned%20Spanish%20scholar%20in%20economics%20Jesus%20Huerta%20de%20Soto%20visited%20the%20Financial%20University.aspx Announcement regarding Jesús Huerta de Soto] {{Webarchive|url=https://web.archive.org/web/20131029192900/http://en.fa.ru/university/news_events/Pages/2011.04.27%20-%20Renowned%20Spanish%20scholar%20in%20economics%20Jesus%20Huerta%20de%20Soto%20visited%20the%20Financial%20University.aspx |date=2013-10-29 }}, Finance University under the Government of the Russian Federation, April 27, 2011.

| signature =

| education=Complutense University of Madrid
Stanford University

}}

Jesús Huerta de Soto Ballester ({{IPAc-en|ˈ|w|ɛər|t|ə|_|d|eɪ|_|ˈ|s|oʊ|t|oʊ}}; {{IPA|es|ˈweɾta ðe ˈsoto|lang}}; born December 23, 1956) is a Spanish economist of the Austrian School. He is a professor in the Department of Applied Economics at King Juan Carlos University of Madrid, Spain and a Senior Fellow at the Mises Institute.[http://www.fcjs.urjc.es/departamentos/areas/profesores/ficha.asp?id=xqyuyqstv Jesús Huerta de Soto listing] {{Webarchive|url=https://web.archive.org/web/20131017175055/http://www.fcjs.urjc.es/departamentos/areas/profesores/ficha.asp?id=xqyuyqstv |date=2013-10-17 }}, Faculty of Law and Social Sciences, Universidad Rey Juan Carlos website.[https://mises.org/Faculty "Faculty Members."] {{Webarchive|url=https://web.archive.org/web/20130728094916/http://mises.org/Faculty |date=2013-07-28 }} Ludwig von Mises Institute.[https://www.mises.org/journals/aen/aen17_2_1.asp An Interview with Jesús Huerta de Soto] {{Webarchive|url=https://web.archive.org/web/20140914001249/https://www.mises.org/journals/aen/aen17_2_1.asp |date=2014-09-14 }} in The Austrian Economics Newsletter. (Summer 1997; Volume 17, Number 2.)

Education and career

Huerta de Soto received a bachelor's degree in economics in 1978 and a PhD in economics in 1992, from Complutense University. His MBA in actuarial science is from Stanford University, 1985.[http://www.jesushuertadesoto.com/madre2.htm Jesús Huerta de Soto website] {{webarchive|url=https://web.archive.org/web/20051025101358/http://www.jesushuertadesoto.com/madre2.htm |date=2005-10-25 }}, see Curriculum Vitae, Titulos Academicos. In 2000 he became a full professor of Political Economy at Universidad Rey Juan Carlos in Madrid.[http://www.jesushuertadesoto.com/madre2.htm Jesús Huerta de Soto website] {{webarchive|url=https://web.archive.org/web/20051025101358/http://www.jesushuertadesoto.com/madre2.htm |date=2005-10-25 }}, see Curriculum Vitae, Actividad Docente Desempeñada. Since 2007 he is director of the Austrian Economics Master Program Master Economía de la Escuela Austríaca at the Rey Juan Carlos University.{{Cite web|url=https://www.urjc.es/universidad/facultades/facultad-de-ciencias-de-la-comunicacion/909-economia-de-la-escuela-austriaca|title=Master Economía de la Escuela Austríaca URJC|access-date=2017-12-23|archive-date=2021-03-26|archive-url=https://web.archive.org/web/20210326034131/https://www.urjc.es/universidad/facultades/facultad-de-ciencias-de-la-comunicacion/909-economia-de-la-escuela-austriaca|url-status=live}}

Huerta de Soto was editor of seven volumes of the Spanish-language version of the University of Chicago Press's The Collected Works of F. A. Hayek. In that capacity, he was responsible for bibliographies, footnotes, introductions, and hiring translators.[http://www.jesushuertadesoto.com/madre2.htm Jesús Huerta de Soto website] {{webarchive|url=https://web.archive.org/web/20051025101358/http://www.jesushuertadesoto.com/madre2.htm |date=2005-10-25 }}, see Curriculum Vitae, Labor Editorial; section includes information on the Complete Works of F.A. Hayek, pp. 1–2; New Library of Liberty, pp. 3–4; Journal of Market Processes, pp. 4–5.{{cite web|title=Plan of the Collected Works of Hayek|url=http://press.uchicago.edu/Misc/Chicago/320685.html|publisher=U of Chicago Press|access-date=26 February 2014|archive-date=11 July 2014|archive-url=https://web.archive.org/web/20140711055602/http://www.press.uchicago.edu/Misc/Chicago/320685.html|url-status=live}}Stephen Kresge, Editor, Money, Part I: Volume Five of the Collected Works of F.A. Hayek, Routledge, 2013, [https://books.google.com/books?id=bV-Qp0n6TegC&pg=PA1904 p. 1904] {{Webarchive|url=https://web.archive.org/web/20140617232735/http://books.google.com/books?id=bV-Qp0n6TegC&pg=PA1904 |date=2014-06-17 }}, {{ISBN|1135630755}}F.A. Hayek, [http://press.uchicago.edu/ucp/books/series/CWFAH.html The Collected Works of F. A. Hayek] {{Webarchive|url=https://web.archive.org/web/20140110212841/http://press.uchicago.edu/ucp/books/series/CWFAH.html |date=2014-01-10 }}, Bruce Caldwell, General Editor, University of Chicago Press, 19 Volumes.Jesús Huerta de Soto edited these volumes of the series F.A. Hayek, Obras Completas (in Spanish), all published by Unión Editorial, Madrid: [https://books.google.com/books?id=HdZ4uAAACAAJ La Tendencia del Pensamiento Económico: Ensayos] {{Webarchive|url=https://web.archive.org/web/20140101124718/http://books.google.com/books?id=HdZ4uAAACAAJ&dq=isbn%3D8472092356&hl=en&sa=X&ei=xQS6UfuVM6-q4APx6YDgBA&ved=0CD0Q6AEwAA|date=2014-01-01}}, editor with William Warren Bartley, Stephen Kresge, 1995; [https://books.google.com/books?id=j_CuRAAACAAJ&q=Jes%C3%BAs+Huerta+de+Soto+Las+Vicisitudes+del+Liberalismo:+Ensayos+sobre+Econom%C3%ADa+Austriaca+y+el+Ideal+de+la+Libertad Las Vicisitudes del Liberalismo: Ensayos sobre Economía Austriaca y el Ideal de la Libertad] {{Webarchive|url=https://web.archive.org/web/20140101124527/http://books.google.com/books?id=j_CuRAAACAAJ&dq=Jes%C3%BAs+Huerta+de+Soto+Las+Vicisitudes+del+Liberalismo:+Ensayos+sobre+Econom%C3%ADa+Austriaca+y+el+Ideal+de+la+Libertad&hl=en&sa=X&ei=KJidUba6PJLq0QH5vYDgCg&ved=0CDAQ6AEwAA|date=2014-01-01}}, editor with Peter G. Klein, 1996; [https://books.google.com/books?id=iKQJSwAACAAJ&q=Contra+Keynes+y+Cambridge Contra Keynes y Cambridge: Ensayos, Correspondencia] {{Webarchive|url=https://web.archive.org/web/20140101124744/http://books.google.com/books?id=iKQJSwAACAAJ&dq=Contra+Keynes+y+Cambridge&hl=en&sa=X&ei=GrCbUa6AB7bF4AOPhoDgDg&ved=0CEEQ6AEwAw|date=2014-01-01}}, editor with Bruce Caldwell, 1996; [https://books.google.com/books?id=O92OYgEACAAJ&q=Jes%C3%BAs+Huerta+de+Soto+Hayek+sobre+Hayek:+Un+Di%C3%A1logo+Autobiogr%C3%A1fico Hayek sobre Hayek: Un Diálogo Autobiográfico, La Fatal Arrogancia: Los Errores del Socialismo] {{Webarchive|url=https://web.archive.org/web/20140101124536/http://books.google.com/books?id=O92OYgEACAAJ&dq=Jes%C3%BAs+Huerta+de+Soto+Hayek+sobre+Hayek:+Un+Di%C3%A1logo+Autobiogr%C3%A1fico&hl=en&sa=X&ei=WZidUe6wCamN0QHwpoF4&ved=0CDAQ6AEwAA|date=2014-01-01}}, editor with Stephen Kresge, Leif Wenar, 1997; [https://books.google.com/books?id=Wj4EcgAACAAJ&q=Jes%C3%BAs+Huerta+de+Soto+Socialismo+y+Guerra:+Ensayos,+Documentos+y+Rese%C3%B1as Socialismo y Guerra: Ensayos, Documentos y Reseñas] {{Webarchive|url=https://web.archive.org/web/20140101124628/http://books.google.com/books?id=Wj4EcgAACAAJ&dq=Jes%C3%BAs+Huerta+de+Soto+Socialismo+y+Guerra:+Ensayos,+Documentos+y+Rese%C3%B1as&hl=en&sa=X&ei=KJmdUeakFuSL0QH1wICwDA&ved=0CDAQ6AEwAA|date=2014-01-01}}, editor with Bruce Caldwell, 1998; Ensayos de Teoría Monetaria (two volumes in [https://books.google.com/books?id=fWJhSgAACAAJ 2000, with Stephen Kresge and José Antonio de Aguirre] {{Webarchive|url=https://web.archive.org/web/20160601235730/https://books.google.com/books/about/Ensayos_de_Teor%C3%ADa_Monetaria.html?id=fWJhSgAACAAJ|date=2016-06-01}} and 2001. For more details see [http://www.jesushuertadesoto.com/madre2.htm Jesús Huerta de Soto website] {{webarchive|url=https://web.archive.org/web/20051025101358/http://www.jesushuertadesoto.com/madre2.htm|date=2005-10-25}}, Curriculum Vitae, Labor Editorial, A. Compete Works of F.A. Hayek, pp. 1–2. He is a member of the editorial board of New Perspectives on Political Economy[http://pcpe.libinst.cz/nppe/board.php New Perspectives on Political Economy board listing] {{webarchive|url=https://web.archive.org/web/20130921054422/http://pcpe.libinst.cz/nppe/board.php |date=2013-09-21 }} at its website. and on the advisory editorial board of the Journal of Markets and Morality.[http://www.marketsandmorality.com/index.php/mandm/about/history Editorial Board listing of the Journal of Markets and Morality] {{Webarchive|url=https://web.archive.org/web/20140109030217/http://www.marketsandmorality.com/index.php/mandm/about/history |date=2014-01-09 }} at its website. Huerta de Soto is a Senior Fellow of the Mises Institute{{Cite web |url=https://mises.org/faculty |title=Faculty and Staff |access-date=2014-09-13 |archive-date=2013-07-28 |archive-url=https://web.archive.org/web/20130728094916/http://mises.org/Faculty |url-status=live }} and is on the editorial board of its Quarterly Journal of Austrian Economics.[https://mises.org/page/1477 Editorial Board Listing] {{webarchive|url=https://web.archive.org/web/20140914000416/https://mises.org/page/1477 |date=2014-09-14 }} of Quarterly Journal of Austrian Economics He was formerly a Trustee of the Madrid Institute for Advanced Studies (IMDEA)[http://www.jesushuertadesoto.com/madre2.htm Jesús Huerta de Soto website] {{webarchive|url=https://web.archive.org/web/20051025101358/http://www.jesushuertadesoto.com/madre2.htm |date=2005-10-25 }}, see Curriculum Vitae, Otros Meritos. in social sciences and was a vice-president and director of the Mont Pelerin Society from 2000 to 2004.

Economic views

=Classical liberalism=

An anarcho-capitalist, Huerta de Soto argues that classical liberalism and their ideal is theoretically impossible; he also believes that classical liberals have failed to limit the power of the state.{{cite web|url=https://mises.org/library/classical-liberalism-versus-anarchocapitalism|title=Classical Liberalism versus Anarchocapitalism|date=October 24, 2017|access-date=October 7, 2019|author=Jesús Huerta de Soto|work=Mises Institute|archive-date=October 21, 2020|archive-url=https://web.archive.org/web/20201021085547/https://mises.org/library/classical-liberalism-versus-anarchocapitalism|url-status=live}}

=General equilibrium theory=

Economist Leland B. Yeager has cited Huerta de Soto as an example of scorn in economics. Yeager states that Soto scorns general equilibrium theory, citing a passage in which Soto refers to the "pernicious analysis" of price equilibrium at "the intersection of mysterious curves or functions lacking any real existence...even in the minds of the actors involved."{{cite book|author=Leland B. Yeager|title=Is the Market a Test of Truth and Beauty?: Essays in Political Economy|url=https://books.google.com/books?id=-z7Q4rsgdhAC&pg=PT13|access-date=15 June 2013|year=2011|publisher=Ludwig von Mises Institute|isbn=978-1610164214|pages=13–|archive-date=3 January 2014|archive-url=https://web.archive.org/web/20140103122855/http://books.google.com/books?id=-z7Q4rsgdhAC&pg=PT13|url-status=live}}

=Austrian business cycle and full reserve banking=

Huerta de Soto advocates full-reserve banking, a system in which 100% reserve requirements for banks would prevent any expansion of credit.{{cite journal|last=Bagus|first=Philipp|title=Austrian Business Cycle Theory: Are 100 Percent Reserves Sufficient to Prevent a Business Cycle?|url=http://www.hayek.sk/wp-content/uploads/2012/12/bagus_business_cycle.pdf|volume=2|issue=2|journal=Libertarian Papers|date=January 1, 2010|access-date=May 22, 2013|publisher=Ludwig von Mises Institute|location=Auburn, AL|quote=Other Austrians such as ... de Soto (2006) have gone further and advocate a 100 percent reserve banking system ruling out credit expansion altogether.|archive-date=September 27, 2013|archive-url=https://web.archive.org/web/20130927011629/http://www.hayek.sk/wp-content/uploads/2012/12/bagus_business_cycle.pdf|url-status=live}}{{cite journal|last=Rozeff|first=Michael S.|title=Rothbard on Fractional Reserve Banking: a Critique|url=http://www.independent.org/pdf/tir/tir_14_04_02_rozeff.pdf|journal=Independent Review|volume=14|issue=4|issn=1086-1653|pages=497–512|date=Spring 2010|access-date=May 22, 2013|publisher=The Independent Institute|location=Oakland, CA|archive-date=September 27, 2013|archive-url=https://web.archive.org/web/20130927135931/http://www.independent.org/pdf/tir/tir_14_04_02_rozeff.pdf|url-status=live}}

In 2006, Huerta de Soto wrote an 876-page book on the subject, published in English by the Mises Institute as Money, Bank Credit, and Economic Cycles.{{cite book|author=Jesús Huerta de Soto|title=Money, Bank Credit, and Economic Cycles|url=https://archive.org/details/bub_gb_AJLGKdOZneMC|access-date=4 August 2013|edition=3rd|year=2012|publisher=Ludwig von Mises Institute|isbn=978-1610163880}} Samuel Gregg reviewed the book writing that "[t]he sheer length of this text will demand much time and concentration of readers wishing to fully absorb its insights. Certainly there is an element of repetition at different points. This tends, however, to reflect De Soto's determination to demonstrate that the moral, legal, and economic dimensions of money, credit, and banking cannot be artificially separated from each other without risking the loss of a sound understanding of the subject."{{cite journal|last=Gregg|first=Samuel|title=Review of "Money, Bank Credit, and Economic Cycles"|url=http://www.marketsandmorality.com/index.php/mandm/article/view/276/267|journal=Markets and Morality|volume=10|issue=1|pages=185–187|date=Spring 2007|access-date=2014-08-22|archive-date=2014-08-26|archive-url=https://web.archive.org/web/20140826113519/http://www.marketsandmorality.com/index.php/mandm/article/view/276/267|url-status=live}} In the journal New Perspectives on Political Economy, Ludwig van den Hauwe suggested that "[e]ven if it may be difficult at this time to gauge in any precise manner the effect the book will have on the economics profession at large, there can be no doubt the book is destined to become a classic, both by virtue of the subject matters that are treated and in virtue of the manner in which they are treated: thoroughly and authoritatively."{{cite journal|last=van den Hauwe|first=Ludwig |title= Review of Jesús Huerta De Soto's Money, Bank Credit, and Economic Cycles| ssrn=2399403 |journal=New Perspectives on Political Economy |volume=2 |issue=2| pages=136–142 |date=2006}}

Larry J. Sechrest's review of Huerta de Soto's book, also published by the Mises Institute, stated that the author attempted to provide "final and decisive proof" that fractional reserve banking is incompatible with private property rights, morality, and a stable economy. Sechrest wrote that although Huerta de Soto presented a painstaking investigation of legal theory, banking history, business cycles, and medieval theological doctrine, a great deal of it is irrelevant to the book's thesis. Sechrest concludes "Above all, Huerta de Soto refuses to even consider the possibility that banks' customers may have been quite willing to face some risk exposure in exchange for the benefits 100 percent reserve banks are unable to provide" and believes that "any departure from 100 percent reserve banking is automatically taken to be evidence of malfeasance by bankers, even when there is no clear data on the details of the contractual relations negotiated by depositors."Larry J. Sechrest, [http://library.freecapitalists.org/books/Larry%20J%20Sechrest/Free%20Banking%20Theory,%20History,%20and%20a%20Laissez-Faire%20Model.pdf Larry J. Sechrest Book “Free Banking: Theory, History, and a Laissez-Faire Model”] {{Webarchive|url=https://web.archive.org/web/20141216192212/http://library.freecapitalists.org/books/Larry%20J%20Sechrest/Free%20Banking%20Theory,%20History,%20and%20a%20Laissez-Faire%20Model.pdf |date=2014-12-16 }}, Larry J. Sechrest Preface to June 2008 edition published by Ludwig Von Mises Institute, pp. 1–3; originally published by Quorum Books, 1993.

In his chapter on "Attempts to Legally Justify Fractional-Reserve Banking", Huerta de Soto considers the possibility "that a certain group of bank customers (or for the sake of argument, all of them) enter into a deposit contract aware and fully accepting that banks will invest (or loan, etc.) a large portion of the money they deposit". In this case, argues Huerta de Soto, "the supposed authorization from the depositors lacks legal validity" because few lay-persons understand the instability inherent in fractional-reserve banking: they believe their deposit is guaranteed, which Huerta de Soto considers a (near universal) misconception. As evidence of the true wishes of depositors, he cites the riots that resulted when banks suspended payments during the 1998–2002 Argentine great depression.Huerta de Soto, 2012, pp. 141–142.

=Money and banking=

Andre Azevedo Alves and Jose Moreira state that Huerta de Soto has written the "most complete and integrated analysis of the theories of banking" of the School of Salamanca.Andre Azevedo Alves, Jose Moreira, The Salamanca School, from series "Major Conservative and Libertarian Thinkers", Continuum International Publishing Group, 2009, [https://books.google.com/books?id=hf0uU1m-ucUC&dq=Jes%C3%BAs+Huerta+de+Soto++The+Salamanca+School&pg=PA131 p. 131] {{Webarchive|url=https://web.archive.org/web/20140511113849/http://books.google.com/books?id=hf0uU1m-ucUC&pg=PA131&dq=Jes%C3%BAs+Huerta+de+Soto++The+Salamanca+School&hl=en&sa=X&ei=vgOmUbfABKa00AH5p4HgDQ&ved=0CDAQ6AEwAA#v=onepage&q=Jes%C3%BAs%20Huerta%20de%20Soto%20%20The%20Salamanca%20School&f=false |date=2014}}, {{ISBN|978-0826429827}}

Reception

{{balance|section|date=October 2021}}

In a review for the Mises Institute's Review of Austrian Economics, Institute Associated Scholar Leland B. Yeager called the book "the most thorough treatment in print of Austrian ideas on banking and the business cycle".{{cite journal | url=http://www.gmu.edu/depts/rae/archives/VOL14_4_2001/2_yeager.pdf | title=The Perils of Base Money | author=Yeager, Leland B. | journal=The Review of Austrian Economics | year=2001 | volume=14 | issue=4 | pages=251–266 | doi=10.1023/a:1011981013028 | s2cid=152548080 | access-date=2013-08-05 | archive-date=2013-12-03 | archive-url=https://web.archive.org/web/20131203003403/http://www.gmu.edu/depts/rae/archives/VOL14_4_2001/2_yeager.pdf | url-status=live }} Mises Institute Senior Fellow and former United States representative Ron Paul endorsed Huerta de Soto's view that fractional reserve banking is the cause of financial instability.{{cite journal|last=Paul|first=Ron|title=The Money Monopoly: How the Federal Reserve Rips You Off|journal=The American Conservative|date=October 1, 2009|url=https://www.questia.com/read/1G1-207052486|author-link=Ron Paul|publisher=American Ideas Institute}}{{dl|date=July 2021}}Ron Paul, End the Fed, Hachette Digital, Inc., 2009, [https://archive.org/details/endfed00paul Chapter, "Origin and Nature of the Fed], {{ISBN|978-0446568180}} An Institute of Economic Affairs review described The Theory of Dynamic Efficiency as "[a] major new collection in the field of Austrian economics" and called Huerta de Soto "a leading Spanish scholar"."[http://www.iea.org.uk/publications/recommended-reading/the-theory-of-dynamic-efficiency Review of Theory of Economic efficiency] {{Webarchive|url=https://web.archive.org/web/20140109170419/http://www.iea.org.uk/publications/recommended-reading/the-theory-of-dynamic-efficiency |date=2014-01-09 }}", Institute of Economic Affairs website, November 12, 2008.

Honorary doctorates

  • Universidad Francisco Marroquín (2009)Federico Bauer Rodríguez [http://elperiodico.com.gt/es/20090507/opinion/99940/?tpl=54 ¿Por qué la libertad? (I)] {{webarchive|url=https://web.archive.org/web/20140106041441/http://elperiodico.com.gt/es/20090507/opinion/99940/?tpl=54 |date=2014-01-06 }} {{in lang|es}} El Periódico. Retrieved 5 January 2014
  • Alexandru Ioan Cuza University (2010)[http://www.uaic.ro/uaic/bin/download/University/doctor_honoris_causa/LaudatiodeSOTOenglezafinal.pdf LAUDATIO in honour of Professor Jesús Huerta de SOTO from Rey Juan Carlos University, Madrid] {{webarchive|url=https://web.archive.org/web/20131030125544/http://www.uaic.ro/uaic/bin/download/University/doctor_honoris_causa/LaudatiodeSOTOenglezafinal.pdf |date=2013-10-30 }} Alexandru Ioan Cuza University. Retrieved 4 January 2014
  • Finance University under the Government of the Russian Federation (2011)

Publications

=Books=

  • {{cite book |title=Planes de pensiones privados |trans-title=Private Pension Benefit |year=1984 |publisher=Editorial San Martin |location=Madrid |isbn=978-8471402226 |pages=294 |language=es |oclc=11783782}}
  • {{cite book |title=Lecturas de economía política |trans-title=Readings in Political Economy |year=1986–1987 |publisher=Unión Editorial |location=Madrid |isbn=978-8472092013 |language=es}} 3 volumes: {{OCLC |434819610 |632702538 |632702507}}
  • {{cite book |title=La escuela austríaca: mercado y creatividad empresarial |trans-title=The Austrian School: Market Process and Entrepreneurial Creativity |year=2000 |publisher=Editorial Síntesis |location=Madrid |pages=203 |language=es}} Series: Historia del pensamiento económico. {{OCLC |247910035 |45036015 |644714015}}
  • {{cite book |title=Estudios de economía política |trans-title=Studies in Political Economy |year=2004 |publisher=Madrid Unión Editorial |isbn=978-8472094086 |pages=342 |edition=2a |language=es |oclc=433538594 }}
  • {{cite book |title=Nuevos estudios de economía política |trans-title=New Studies in Political Economy |year=2007 |publisher=Madrid Unión Editorial |isbn=978-8472094406 |pages=494 |edition=2a |language=es |oclc=733682262 }} Series: Nueva biblioteca de la libertad
  • {{cite book |title=The Austrian School: Market Order and Entrepreneurial Creativity |year=2008 |publisher=E. Elgar |location=Cheltenham (UK); Northampton (MA, US) |isbn=978-1847207685 |pages=129 |quote=Presents an exposition of the main tenets of the Austrian School of Economics. This book also explains the differences between the Austrian and the neoclassical (including the Chicago School) approaches to economics. It covers reviews of the contributions of the main Austrian economists, and analysis of the major objections to Austrian economics. (WorldCat summary) |oclc=494726098 }}Also published in German as: {{cite book | title= Die österreichische Schule der Nationalökonomie : Markt und unternehmerische Kreativität | year= 2007 |publisher = Hayek Institut |location = Wien | pages = 152 | isbn= 978-3902466037 |oclc= 759028166}} (trans. from the Spanish by Ingolf Günter Krumm; The international library of Austrian economics series); and in French as: {{cite book |title=L'école autrichienne : marché et créativité entrepreneuriale |year=2008 |publisher=Institut Charles Coquelin |location=Paris |isbn=978-2915909166 |pages=157 |oclc=690811169 }} (trans. from the Spanish by Rosine Létinier; part of the Collection Science économique et liberté series)
  • {{cite book |title=The Theory of Dynamic Efficiency |year=2009 |publisher=Routledge |location=London |isbn=978-0415427692 |pages=359 |oclc= 488049275}}Reviewed in: {{cite journal |last=Grassl |first=Wolfgang |title=Theory of Dynamic Efficiency. (Book review) |journal=Journal of Markets & Morality |date=March 22, 2010 |publisher=Acton Institute for the Study of Religion and Liberty|url=http://www.highbeam.com/doc/1G1-255839888.html |archive-url=https://web.archive.org/web/20131106075441/http://www.highbeam.com/doc/1G1-255839888.html |url-status=dead |archive-date=November 6, 2013 |access-date= 14 June 2013 |quote= This book contains twenty essays, sixteen of which have already appeared elsewhere during the period 1994–2004. Topics include the methodology and history of economics, entrepreneurship, socialism, nationalism, central banks and free banking, ethics, and liberal social thought (in the European sense of the term). }}
  • {{cite book |title=Peníze, Banky a Hospodářské Krize |trans-title=Money, Banking and Economic Crisis |year=2009 |publisher=ASPI a Liberální institut (ASPI and the Liberal Institute) |location=Prague |isbn=978-8073574116 |pages=865 |language=cs |oclc=320215103}} (with Martin Froněk)Reviewed in: {{cite journal |last=Hladík |first=René |title=Peníze, Banky a Hospodářské Krize |journal=E+M: Ekonomie a Management|date=July 1, 2010 |url=http://www.highbeam.com/doc/1P3-2144070141.html |archive-url=https://web.archive.org/web/20131106075438/http://www.highbeam.com/doc/1P3-2144070141.html |url-status=dead |archive-date=November 6, 2013 |access-date=23 May 2013 |trans-title=Money, Banking and Economic Crisis |publisher=Technical University Liberec |language=cs}}
  • {{cite book |title=Socialism, Economic Calculation, and Entrepreneurship |year=2010 |publisher= E. Elgar |location=Cheltenham (UK); Northampton (MA, US) |isbn=978-1849800655 |pages=310 |oclc=781201845 }} (Originally as Socialismo, cálculo económico y función empresarial; part of the New Thinking in Political Economy series by the Institute of Economic Affairs)Reviewed in: {{cite journal |title=Socialism, economic calculation and entrepreneurship (Book review, brief article) |journal=Reference & Research Book News |date=November 1, 2010 |publisher=Book News, Inc. |location=Portland, OR}}
  • {{cite book |title=Dinero, Crédito Bancario y Ciclos Económicos |year=2011 |publisher=Unión Editorial |location=Madrid |isbn=978-8472095472 |pages=685 |edition=5a |language=es |oclc=828532975 }}Also published in Dutch as: {{cite book |title=Geld, krediet en crisis |year=2011 |publisher=Acco | location=Leuven, Den Haag | isbn=978-9033480942 |pages=718 | oclc= 723961802 }}; in German as: {{cite book |title = Geld,Bankkredit und Konjunkturzyklen |year = 2011 | publisher = Lucius & Lucius |location= Stuttgart |isbn= 978-3828205321 |pages= 624 | oclc= 731159974 }}; in Polish as: {{cite book |title=Pieniądz, kredyt bankowy i cykle koniunkturalne |year=2011 |publisher=Instytut Ludwiga von Misesa |location=Warszawa |isbn=978-8392616054 |pages=671 |oclc= 804342687 }} (with coauthors Grzegorz Łuczkiewicz & Mateusz Machaj); and in French as: {{cite book |title=Monnaie, crédit bancaire et cycles économiques |year =2011 |publisher=l'Harmattan |location= Paris |pages= 558 |oclc= 758332334 | isbn= 978-2296544512 }} (trans. from the Spanish by Rosine Létinier; L'Esprit économique. Série Économie formelle.) and {{cite book |title=Money, bank credit, and economic cycles |year=2006 |publisher=Ludwig von Mises Institute |location=Auburn, AL |pages=876 |language=fr |oclc= 494633680 }} (with Melinda A. Stroup, translator) (Reviewed in: {{cite journal |last=Gregg |first=Samuel |title=Money, Bank Credit and Economic Cycles (Book Review) |journal=Journal of Markets & Morality |date=March 22, 2007 |publisher=Acton Institute for the Study of Religion and Liberty}}
  • [https://books.google.com/books?id=lbmwHQe4-kQC&pg=PA33 Chapter 2: A brief note on economic recessions, banking reform and the future of capitalism] in Óscar Dejuán, Eladio Febrero, Maria Cristina Marcuzzo (editors), The First Great Recession of the 21st Century: Competing Explanations, Edward Elgar Publishing, 2011, {{ISBN|1849807469}}
  • {{cite book |title=Money, Bank Credit, and Economic Cycles |url=https://www.mises.org/store/Money-Bank-Credit-and-Economic-Cycles-P290C0.aspx | year=2012 | publisher= Ludwig von Mises Institute | location= Auburn, AL | pages = 881 | edition= 3d | isbn= 978-1610161893 | oclc= 807678778}} (with Melinda A. Stroup, translator) Also available as a [http://library.freecapitalists.org//books/Jesus%20Huerta%20de%20Soto/Money,%20Bank%20Credit,%20and%20Economic%20Cycles_Vol_4.pdf PDF here] {{Webarchive|url=https://web.archive.org/web/20141216200530/http://library.freecapitalists.org//books/Jesus%20Huerta%20de%20Soto/Money,%20Bank%20Credit,%20and%20Economic%20Cycles_Vol_4.pdf |date=2014-12-16 }}

=Journals=

For a list of articles published in Spanish, English, and other languages, see the Huerta de Soto website.[http://www.jesushuertadesoto.com/articles/articles-in-english/ Jesús Huerta de Soto website] {{Webarchive|url=https://web.archive.org/web/20150708014811/http://www.jesushuertadesoto.com/articles/articles-in-english/ |date=2015-07-08 }}, see Curriculum Vitae, Actividad Investigadora Publicaciones I and II and Otras publicaciones.

  • "[https://mises.org/journals/rae/pdf/rae8_2_2.pdf A critical analysis of central banks and fractional-reserve free banking from the Austrian school perspective]". The Review of Austrian Economics (Kluwer Academic Publishers) 8 (2):25–38. 1995.
  • "New Light on the Prehistory of the Theory of Banking and the School of Salamanca". The Review of Austrian Economics 9 (2): 59–81. 1996.
  • "The Ongoing Methodenstreit of the Austrian School". Journal des Économistes et des Études Humaines. 8 (1):75–113 1998.
  • "Conjectured History and Beyond," Humane Studies Review. 6 (2):10. Winter, 1998–1999.
  • "A Critical Note on Fractional-Reserve Free Banking," Quarterly Journal of Austrian Economics. 1 (4):25–49. Winter, 1998.
  • "[http://www.marketsandmorality.com/index.php/mandm/article/view/623 The Ethics of Capitalism"]. Journal of Markets & Morality, (Acton Institute) 2 (2):150–163. 1999. {{ISSN|1098-1217}}
  • "Hayek's Best Test of a Good Economist". Procesos de Mercado: Revista Europea de Economía Política. I (2):121–124. 2004. {{ISSN|1697-6797}}
  • {{cite journal |title=The Essence of the Austrian School |journal=Economic Affairs |year=2009 |volume=29 |issue=2 |pages=42–45 |publisher=Blackwell Publishing |issn=0265-0665 |oclc=439651091 |doi=10.1111/j.1468-0270.2009.01892.x |last1=Huerta De Soto |first1=Jesús |s2cid=219970251 }}
  • {{cite journal |title=The Fatal Error of Solvency II |journal=Economic Affairs |year=2009 |volume=29 |issue=2 |pages=74–77 |publisher=Blackwell Publishing |issn=0265-0665 |oclc=439651128 |doi=10.1111/j.1468-0270.2009.01900.x |last1=Huerta De Soto |first1=Jesús |s2cid=219968413 }}
  • {{cite journal |title=Economic Recessions, Banking Reform and the Future of Capitalism I |journal=Economic Affairs |year=2011 |volume=31 |issue=2 |publisher=Blackwell Publishing |issn=0265-0665 |oclc=729292944}}

See also

References

{{Reflist|35em}}