Dimensions
156 x 235 x 15mm
A group history of the Austrian School of Economics, from the coffeehouses of imperial Vienna to the modern-day Tea Party
The Austrian School of Economicsndash;a movement that has had a vast impact on economics, politics, and society, especially among the American rightadash;is poorly understood by supporters and detractors alike. Defining themselves in opposition to the mainstream, economists such as Ludwig von Mises, Friedrich Hayek, and Joseph Schumpeter built the School's international reputation with their work on business cycles and monetary theory. Their focus on individualismddash;and deep antipathy toward socialismedash;ultimately won them a devoted audience among the upper echelons of business and government.
In this collective biography, Janek Wasserman brings these figures to life, showing that in order to make sense of the Austrians and their continued influence, one must understand the backdrop against which their philosophy was formedadash;notably, the collapse of the Austro???Hungarian Empire and a half???century of war and exile.
