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Austrian School of Economics (view source)
Revision as of 05:12, March 11, 2007
, 05:12, March 11, 2007added Category:Economics
The founder of the Austrian school of economics was [[Carl Menger]], who published in German in 1871 its leading text, ''Principles of Economics''. In the 1920s through 1940s, [[Ludwig von Mises]] and [[Friedrich A. Hayek]] advanced the movement by declaring the impossibility for socialism to succeed and also explaining the nature of the business cycle.
The founder of the Austrian school of economics was [[Carl Menger]], who published in German in 1871 its leading text, ''Principles of Economics''. In the 1920s through 1940s, [[Ludwig von Mises]] and [[Friedrich A. Hayek]] advanced the movement by declaring the impossibility for socialism to succeed and also explaining the nature of the business cycle.
[[Category:Economics]]