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The Austrian School of Economics
- A History of Its Ideas, Ambassadors, & Institutions
- Narrated by: Paul Strikwerda
- Length: 6 hrs and 35 mins
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Overall4.5 out of 5 stars 27
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5 out of 5 stars
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Very good read
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Overall4.5 out of 5 stars 14
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The second edition of the fun and fascinating guide to the main ideas of the Austrian School of economics, written in sparkling prose, especially for the non-economist. Gene Callahan shows that good economics isn't about government planning or statistical models - it's about human beings and the choices they make in the real world. This may be the most important book of its kind since Hazlitt's Economics in One Lesson. Though written for the beginner, it has been justly praised by scholars too, including Israel Kirzner, Walter Block, and Peter Boettke.
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2 out of 5 stars
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Good intro to Austrian eco, but tendentious
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Publisher's Summary
The Austrian School is in the news as never before. It is discussed on business pages, in academic journals, and in speeches by public figures. At long last, there is a brilliant and engaging guide to the history, ideas, and institutions of the Austrian School of economics. It is written by 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. This is the first such authoritative book that has appeared on this topic. The Austrian School of Economics: A History of Its Ideas, Ambassadors, and Institutions, by Eugen Maria Schulak and Herbert Unterköfler appeared first in German. It has been a sensation: the first and most authoritative source on this hot topic. This new English translation, complete with a vast scholarly apparatus of citations and bibliographies, is academic at its core but also easy to read, entertaining, and fascinating on every page. The authors set the stage with a discussion of the culture of 19th-century Vienna, and the striking innovation that came with Carl Menger's subjective theory of value. They discuss the titanic struggle over method that took place between the Viennese Mengerians and the German Historical School.
Next comes a thrilling account of the second generation of Austrians - their politics, their theories, their personal splits, their idiosyncrasies, their debates. The cast of characters here is far larger than most people in the English-speaking world have known. The authors operate as tour guides to a world that is mostly unknown to Americans due to the remoteness of time and the differences in language. If you are like many people, you have been curious about the Austrian School but didn't know where to turn to discover more about it. This book is the one that makes sense of it all!
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Kyle and Dawn Christerson
- 04-30-19
Good book about Austrian Economics and it's histor
If you are looking for a book on Austrian Economics and the history of it this is the book for you.
1 person found this helpful
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Overall2 out of 5 stars
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Performance2 out of 5 stars
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Story1 out of 5 stars
- Mike
- 10-23-16
Droning Footnotes
It seemed to me that it was a long list of footnotes, book titles, and professors. By chapter 3 I still had not learned anything useful. it may help a student who needs to know who wrote what and when for an exam.
1 person found this helpful