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The Methodology of the Austrian School Economists

The Methodology of the Austrian School Economists by Lawrence H. White

Tags Austrian Economics OverviewPhilosophy and Methodology

01/01/1977Lawrence H. White

Today, the tradition of Austrian economics is enjoying a resurgence. Austrian economists are engaged in theoretical and applied research on a wide array of topics. What unifies this school of thought—what might be called its theme—is the methodological outlook of its members: subjectivism.

White concentrates on six authors who have been most notable for their use and defense of the subjectivist approach: Carl Menger, Friedrich von Wieser, Eugen von Böhm-Bawerk, Ludwig von Mises, Friedrich A. Hayek, and Ludwig Lachmann.

Author:

Lawrence H. White

White is a professor of economics at George Mason University in Fairfax, Virginia.

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