Description
Book Synopsis: 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 Economics—a movement that has had a vast impact on economics, politics, and society, especially among the American right—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 individualism—and deep antipathy toward socialism—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 formed—notably, the collapse of the Austro-Hungarian Empire and a half-century of war and exile.
Details
Discover the untold story of the Marginal Revolutionaries and dive deep into the fascinating world of the Austrian School of Economics. Unveiling the movements' journey from the historic coffeehouses of imperial Vienna to the influential Tea Party of today, this gripping collective biography is a must-read for anyone who wants to truly comprehend the impact these economists have had on our society, politics, and economy.
Have you ever wondered why the Austrian School of Economics continues to captivate the minds of intellectuals, business leaders, and policymakers? Unraveling the enigma behind this influential movement, renowned author Janek Wasserman delves into the minds of visionaries such as Ludwig von Mises, Friedrich Hayek, and Joseph Schumpeter. Their groundbreaking work on business cycles and monetary theory revolutionized economic thought as we know it, shaping the world we live in today.
Prepare to be amazed by the unwavering commitment of these brilliant minds to individualism and their fierce opposition against socialism. Through meticulous research and compelling storytelling, Wasserman brings to life the struggles, triumphs, and ideologies of these intellectual giants. Gain deep insights into their philosophy and understand how it found an ardent following among the top echelons of business and government.
To truly grasp the enduring influence of the Austrian School of Economics, one must delve into the historical context within which it emerged. From the collapse of the Austro-Hungarian Empire to the tumultuous period of war and exile that followed, every page of this captivating book offers a glimpse into the world that shaped these remarkable economists. Uncover the profound impact of their thinking and see how it continues to shape our economic landscape to this day.
Don't miss out on this captivating journey through history. Immerse yourself in the riveting world of the Marginal Revolutionaries. Click below to get your hands on this thought-provoking book:
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