Mises Search

When researchers compared the Shanghai Ranking of World Universities to budgetary constraints they found a number of important, but not surprising results. The Shanghai Ranking includes things like the number of patents and Nobel Prize winners a university generates along with citations to faculty publications. Among European universities, those

Current Austrian economists are the true heirs to the neoclassical economics that thrived up through the 1930s. It was in the spirit of Carl Menger and stressed the discovery of true causal laws that explained real economic phenomena such as business cycles. By the 1950s this Mengerian-neoclassical mainstream had been hijacked by positivists,