Concept

Austrian school of economics

Overview

school of economic thought that advocates strict adherence to methodological individualism rather than focusing on aggregate variables, equilibrium analysis and societal groups

Overview adapted from Wikipedia (CC BY-SA 4.0; see the article history for authors).

Philosophers who discussed Austrian school of economics

• Frédéric Bastiat
• Murray Rothbard
• Hans-Hermann Hoppe
• Herbert Spencer
• Raymond Aron
• Ayn Rand
• Norman P. Barry

Related ideas

• Edmund Burke
• Francisco de Vitoria
• Alfred Schütz
• School of Salamanca
• Friedrich Hayek
• George Mason University
• Georg Wilhelm Friedrich Hegel
• Economy and Society
• Karl Menger
• Cato Institute
• Individualism
• John Stuart Mill
• John von Neumann
• Karl Marx
• Capital (economics)
• Max Weber
• Murray Rothbard
• Hans-Hermann Hoppe
• Luis de Molina
• Statistics
• Austria-Hungary
• The General Theory of Employment, Interest and Money
• Martin Luther University Halle-Wittenberg
• John Maynard Keynes

Opposing perspectives

• Empiricism
• Subjective theory of value
• Anarchism and capitalism

Place in the tradition

Part of Liberalism.

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