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My Book on the Austrian School of Economics


I’ve just published a short book, Advanced Introduction to the Austrian School of Economics, which is designed to give people with some knowledge of economics an explanation of what ideas distinguish the Austrian school from mainstream economic thought. The paperback is relatively affordable ($22.36 if ordered on-line). The book is much slimmer in person (144 pages) than it appears in the graphic on the web site.

The book is written for readers who have some knowledge of economics, but are curious about the ideas that distinguish the Austrian school from mainstream economics.  It is not an introduction to economics from the point of view of the Austrian school.

The publisher is hoping that the book will be used as a textbook for courses in Austrian economics.  I don't think there are many.  If you are at a university that subscribes to Elgaronline, you should be able to read the e-version of the book for free.

Readers on this website are probably already familiar with the ideas of the Austrian school, but it may be handy to see them presented as an overview this way, and also may be a way to introduce your acquaintances to the school's ideas.  Should they ask you, "What are the distinguishing ideas of the Austrian school?" this book is intended to answer that question.

Randall G. Holcombe is an Associated Scholar of the Mises Institute, DeVoe Moore Professor of Economics at Florida State University, past President of the Public Choice Society, and past President of the Society for the Development of Austrian Economics. He received his Ph.D. in economics from Virginia Tech, and has taught at Texas A&M University and Auburn University. Dr. Holcombe is also Senior Fellow at the James Madison Institute and was a member of the Florida Governor’s Council of Economic Advisors. His books include From Liberty to Democracy: The Transformation of American Government (2002), Producing Prosperity (2013), and Political Capitalism: How Economic and Political Power Is Made and Maintained (2018). His primary areas of research are public finance and the economic analysis of public policy issues.

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