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THE SOCIOLOGY OF THE DEVELOPMENT
OF AUSTRIAN ECONOMICS

Joseph T. Salerno

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Mises Institute, Mises Wire, April 30, 2019, 10 pgs.

 
 

Reviewer Comment:
Dr. Salerno is the academic vice president of the Mises Institute and an authority on Austrian Economics. He recently published this article based on his lecture on the same subject in 1996. There is much confusion and misunderstanding of what 'Austrian Economics' is as a discipline within the wide range of 'schools' of economic theory. He writes that his purpose now is to explain the content of the lecture and to agree with the many colleagues and friends who have been urging to do so. In addition he claims that some controversies and misunderstandings have arrisen from within the proponents who claim to be Austrian school economists.

 
 

Austrian Economics Defined

 

Austro-Punkism

 
 

1 - Lack of Graduate School

 
 

2 - 1970s-Style Left-Libertairianism

 
 

3 - Ludwig Lachmann

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Conclusion

 
 

 
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