The Austrian School of Economics | Chapter 12: Joseph A. Schumpeter: Maverick and Enigma

Описание: Here is a brilliant and engaging guide to the history, ideas, and institutions of the Austrian School of economics. Eugen-Maria Schulak and Herbert Unterköfler, two Austrian intellectuals who have gone to the sources themselves to provide a completely new look at the tradition and what it means for the future.

Read ''The Austrian School of Economics: A History of Its Ideas, Ambassadors, and Institutions'' online: http://tinyurl.com/yagraqj3

Playlist link for the complete audio presentation: http://tinyurl.com/aw5kwdt

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The Austrian School is a heterodox school of economic thought that is based on methodological individualism—the concept that social phenomena result exclusively from the motivations and actions of individuals.

The Austrian School originated in late-19th and early-20th century Vienna with the work of Carl Menger, Eugen Böhm von Bawerk, Friedrich von Wieser and others. It was methodologically opposed to the Prussian Historical School. Current-day economists working in this tradition are located in many different countries, but their work is still referred to as Austrian economics. Among the theoretical contributions of the early years of the Austrian School are the subjective theory of value, marginalism in price theory and the formulation of the economic calculation problem, each of which has become an accepted part of mainstream economics.

Since the mid-20th century, mainstream economists have been critical of the modern day Austrian School and consider its rejection of mathematical modelling, econometrics and macroeconomic analysis to be outside mainstream economics, or "heterodox". Although the Austrian School has been considered heterodox since the late 1930s, it attracted renewed interest in the 1970s after Friedrich Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences. (Source: Wikipedia.org)

Links to online writings about Austrian Economics:

Human Action: A Treatise on Economics
https://tinyurl.com/yapklreq
Audio version: http://tinyurl.com/ab8wx88

Man, Economy, and State: : A Treatise on Economics
https://tinyurl.com/y8zg569h
Audio version: http://tinyurl.com/axhdzg3

Economic Thought Before Adam Smith: An Austrian Perspective on the History of Economic Thought, Vol. I
https://tinyurl.com/y6zwh9fk
Audio version: http://tinyurl.com/a3obfgu

Classical Economics: An Austrian Perspective on the History of Economic Thought, Vol. II
https://tinyurl.com/y47odk98
Audio version: http://tinyurl.com/bd44b6s

Theory and History: An Interpretation of Social and Economic Evolution
https://tinyurl.com/y2x637pa
Audio version: http://tinyurl.com/aa7gyv2

Economic Science and the Austrian Method
https://tinyurl.com/y8lgyzta
Audio version: http://tinyurl.com/y2xytrbb

The Austrian Theory of the Trade Cycle and Other Essays
http://tinyurl.com/yaz8cblv
Audio version: http://tinyurl.com/yy2gg4y9

Economic Calculation in the Socialist Commonwealth
https://tinyurl.com/y7dguva4
Audio version: http://tinyurl.com/y8w5h8av

Mises: The Last Knight of Liberalism
https://tinyurl.com/y3afgzup
Audio version: http://tinyurl.com/ajaywkh

My Years with Ludwig von Mises
https://tinyurl.com/y6u2yj6n
Audio version: https://tinyurl.com/a8hkbwb

Ludwig von Mises: Scholar, Creator, Hero
https://tinyurl.com/yd7ryowf

The Genius of Carl Menger
https://tinyurl.com/ya79lmxa

The Life and Works of Böhm-Bawerk
https://tinyurl.com/y8jbbdnq

Praxeology: The Methodology of Austrian Economics
https://tinyurl.com/pf46rtk

Epistemological Problems of Economics
https://tinyurl.com/yak3n2sy

The Anti-Capitalistic Mentality
https://tinyurl.com/y7c7rejh

Historical Setting of the Austrian School of Economics
https://tinyurl.com/y8xj6fq5

Marxism Unmasked: From Delusion to Destruction
https://tinyurl.com/yxcmcdwq

Interventionism: An Economic Analysis
https://tinyurl.com/y7m7dhky

Socialism: An Economic and Sociological Analysis
https://tinyurl.com/yarqka73

The Philosophical Contributions of Ludwig von Mises
http://tinyurl.com/yc9u4ju7

The Cultural Thought of Ludwig von Mises
http://tinyurl.com/y8wx6obu

Philosophical and Ethical Implications of Austrian Economics
https://tinyurl.com/yaxz4stm

The Place of Human Action in the Development of Modern Economic Thought
https://tinyurl.com/y8kef5b6

Austrian Macroeconomics: A Diagrammatical Exposition
https://tinyurl.com/y9gn3eug

The Austrian Theory of Money
https://tinyurl.com/y8gqjnwr

Methodology of the Austrian School Economists
https://tinyurl.com/y9zr25pp

The Positive Theory of Capital
https://tinyurl.com/y5rnbdbn

Principles of Economics
https://tinyurl.com/yecrje5

Individualism and Economic Order
https://tinyurl.com/ydehz4s9

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