History of the Austrian School of Economics

Ludwig H. Mai was an amalgam of intellectual influences. Most certainly he was partly an Austrian "fellow traveler" — one who had deep respect for Carl Menger and Eugen von Böhm-Bawerk

The State applies itself to loading everybody’s brain with prejudices, and everybody’s heart with sentiments favorable to the spirit of anarchy, war, and hatred;

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. 

In light of the argument presented in the present paper, it is difficult to avoid the speculation that the main argument that Hayek either half accepted or regarded as exaggerated and one-sided

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.

Commerce and Government is an extremely important book in the Austrian tradition. Reason enough, I shall hope, for every Austrian economist to become acquainted with it.

Richard Cantillon was the first economist to successfully examine the cyclical nature of the capitalist economy. He lived at a time (168?–1734) when the institutions of the modern capitalist  economy 

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.

The false-money debate of 1866 in the Journal des Economistes was the first time that uncompromising laissez-fair advocates clashed on the question of fiduciary media. 

Profits and losses provide powerful incentives. This essay explores the roles of profits and entrepreneurs in a market economy.