Austrian Economics Overview

Displaying 1 - 10 of 1969
Joseph T. Salerno

Speaking at the recent Rothbard Graduate Seminar, Dr. Joseph Salerno traces Murray Rothbard‘s intellectual development while in the economics Ph.D. program at Columbia University. Rothbard was dissatisfied with the popular schools of thought until he discovered Austrian economics.

Ryan Turnipseed

Mainstream economics is deterministic, holding that economic actors continue to move in one direction, not responding to changes in economic circumstances or incentives. The Austrians understand economics is about people engaged in purposeful action.

Adrian Shephard

Influenced by the writings of the great Frederic Bastiat, Vilfredo Pareto promoted free markets and economic liberalism in 19th-century Europe. Pareto also made a number of important contributions to economic theory and practice.

Jane L. Johnson

Was Paul Heyne an ethicist who thought like an economist or was he instead an economist who thought like an ethicist? It was a bit of both. Heyne‘s popular text, The Economic Way of Thinking, educated a lot of students about how economics really works.

Daniel Morena Viton

Nominalist ideas influenced the scientific revolution, shaping its departure from metaphysics, its mechanistic perspective, and the mathematization of all sciences. This paradigm has brought about some errors in economic thinking.