History of the Austrian School of Economics

Instead of succumbing to the zeitgeist, Rothbard moved it.

The task at hand is the study of the problems of the determination of prices and interest rates. This task requires a sharp distinction between money-certificates and fiduciary media.

We will never water down our message to satisfy censors or maintain a particular platform; instead we will work around them.

With his Principles of Economics Carl Menger not only laid the foundation for the Austrian school itself but for its continuing development to this day.

We will never water down our message to satisfy censors or maintain a particular platform; instead we will work around them. 

The task at hand is the study of the problems of the determination of prices and interest rates. This task requires a sharp distinction between money-certificates and fiduciary media.

This new typology of numerous strands of Austrian (and Austrian-related) economics provides some essential insights into the field of entrepreneurship and organization economics.

Mario Rizzo is a professor in the Department of Economics at NYU–where he was Bob’s dissertation chair. He talks about how he found the Austrian School and his own contributions to economics.

Jeff Deist details the good, bad, and ugly of a book on the history of the Austrian school, written by a left-progressive historian from a critical perspective.

Big business, the target of the most fanatic attacks by the so-called leftists, produces almost exclusively to satisfy the wants of the masses. In fact, serving the masses is the main occupation of the "capitalist."