History of the Austrian School of Economics

Volume 11, Number 2 (Summer 1990)

Murray N.

Endres has done an adequate job of high lighting elements of distinctiveness and similarity among the founding Austrians (Menger, Wieser, and Böhm-Bawerk) which go beyond the cut-and-dried methodological issues emphasized by later Austrians.

I have re-examined Bastiat’s contributions to economic theory and have found the charges against him to be unsubstantiated. In terms of economic theory, Bastiat is widely knowledgeable

In 1982, Rothbard closed his remarks on the controversy over the journal’s name with the following statement: “At any rate, we have a tough row to hoe in Austrianism in general to rescue it from: 

In the 1930's the Austrian School of economics lived through a crucial phase in its development, which led from the height of its influence at the beginning of the decade to its decline and dissolution after 1945.

Carl Menger, the founder of the Austrian School of economics, was instrumental in developing the Austrian analytical framework. However, the foundation of Austrian theory predates Menger by centuries. 

This paper examines the connection between Ludwig von Mises and early contributors to game theory. What becomes clear is that early game theorists were trained by Austrians who thus influenced the field from its beginning.

This article begins by contrasting the distinctive methodological starting points of Weber and Mises, and proceeds to review and discuss each think

That Ludwig von Mises was the outstanding champion of laizes-faire and the free-market economy in this century is well know and needs no d

Wicksell's obituary of Carl Menger is here publised in English for the first time, thanks to the efforts of Per Bylund who translated it from the original Swedish.