History of the Austrian School of Economics

Böhm-Bawerk's work inspired a generation.

Eugen von Böhm-Bawerk was an economist, lawyer, finance minister, teacher, and a founding figure of the Austrian School of economics.

One of the unhappy casualties of World War I was the old-fashioned treatise on economic "principles."

The concept of the perfect system of government is fallacious and self-contradictory.

This course, the first of a two-part series, will cover the first volume of An Austrian Perspective on the History of Economic Thought.

Benjamin Anderson was among a handful of economists who set out to integrate monetary theory into a general theory of value. At last his treatise is back in print. 

There is no necessary connection between the value of present consumer goods and the value of currently available capital goods.

Later economists messed everything up: narrowing the definition of "competition" and broadening that of "monopoly."

Marxist writers had begun to deal more closely with the problems of regulation within socialism. But they still cautiously avoided the crucial question.