The Austrian School in Brief

03/09/2011 Eugen-Maria Schulak Herbert Unterköfler

The Austrian School of economics, also called the Viennese School of economics, was founded by Carl Menger in Vienna during the last third of the 19th century. Today, the tradition is larger and more vibrant than ever before, writes Eugen-Maria Schulak and Herbert Unterköfler.

This audio Mises Daily is narrated by Paul Strikwerda.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.