Austrian Economics Overview

Displaying 51 - 60 of 2004
Ulrich Fromy

Böhm-Bawerk shows us that the study of human action and the economy in general goes beyond the simple paradigm of the financial and monetary world. Economics is built into all human experience.

Antony P. Mueller

The focus is on individual human action makes Austrian economics unique, as well as logically valid and compelling. It is a system of economic analysis based upon praxeology and causal-realism.

Allen Gindler

The Austrian school recognizes that economic analysis is timeless and the ancient story of “The Poor Man of Nippur” provides an excellent example. From time preference to the structure of production, many of the lessons are contained in this story.

William L. Anderson

Many people were puzzled why so many WNBA players were hostile to the arrival of superstar Caitlin Clark. After all, they reasoned, Clark would make the league more popular, bringing more money and publicity. Austrian economics, however, shows a logical explanation for the hostility to her.

Frank Shostak

One important difference between the Austrian and other schools of thought is the emphasis Austrians place upon purposeful human behavior. Consumption by individuals is not random, but rather purposeful action driven by subjective individual preferences.