Here is a brilliant and engaging guide to the history, ideas, and institutions of the Austrian School of economics. Eugen-Maria Schulak and Herbert Unterköfler, two Austrian intellectuals who have gone to the sources themselves to provide a completely new look at the tradition and what it means for the future. Narrated by Paul Strikwerda. [ Ссылка ]
Playlist link for the complete audio presentation: [ Ссылка ]
Full text of ''The Austrian School of Economics: A History of Its Ideas, Ambassadors, and Institutions'' available online:
PDF version: [ Ссылка ]
EPUB version: [ Ссылка ]
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The Austrian School is a heterodox school of economic thought that is based on methodological individualism—the concept that social phenomena result exclusively from the motivations and actions of individuals.
The Austrian School originated in late-19th and early-20th century Vienna with the work of Carl Menger, Eugen Böhm von Bawerk, Friedrich von Wieser and others. It was methodologically opposed to the Prussian Historical School. Current-day economists working in this tradition are located in many different countries, but their work is still referred to as Austrian economics. Among the theoretical contributions of the early years of the Austrian School are the subjective theory of value, marginalism in price theory and the formulation of the economic calculation problem, each of which has become an accepted part of mainstream economics.
Since the mid-20th century, mainstream economists have been critical of the modern day Austrian School and consider its rejection of mathematical modelling, econometrics and macroeconomic analysis to be outside mainstream economics, or "heterodox". Although the Austrian School has been considered heterodox since the late 1930s, it attracted renewed interest in the 1970s after Friedrich Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences. (Source: Wikipedia.org)
Links to selected online writings on Austrian Economics:
Human Action: A Treatise on Economics
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Man, Economy, and State: A Treatise on Economics
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Economic Thought Before Adam Smith: An Austrian Perspective on the History of Economic Thought, Vol. I
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Classical Economics: An Austrian Perspective on the History of Economic Thought, Vol. II
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Theory and History: An Interpretation of Social and Economic Evolution
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Mises: The Last Knight of Liberalism
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My Years with Ludwig von Mises
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Why Austrian Economics Matters
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Ludwig von Mises: Scholar, Creator, Hero
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Friedrich A. Hayek: A Centenary Appreciation
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The Genius of Carl Menger
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The Life and Works of Böhm-Bawerk
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Praxeology: The Methodology of Austrian Economics
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Epistemological Problems of Economics
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The Anti-Capitalistic Mentality
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Historical Setting of the Austrian School of Economics
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Marxism Unmasked: From Delusion to Destruction
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Interventionism: An Economic Analysis
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Socialism: An Economic and Sociological Analysis
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The Philosophical Contributions of Ludwig von Mises
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The Cultural Thought of Ludwig von Mises
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Philosophical and Ethical Implications of Austrian Economics
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The Place of Human Action in the Development of Modern Economic Thought
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The Austrian Theory of Money
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Economic Science and the Austrian Method
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The Austrian Theory of the Trade Cycle and Other Essays
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Methodology of the Austrian School Economists
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The Positive Theory of Capital
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Principles of Economics
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Individualism and Economic Order
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Text of this audio presentation Copyright © 2011 by the Ludwig von Mises Institute. Both text and audio published under the Creative Commons Attribution License 3.0. [ Ссылка ]
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