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  1. en.wikipedia.org › wiki › Austrian_school_of_economicsAustrian school of economics - Wikipedia

    The Austrian School is a heterodox school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result primarily from the motivations and actions of individuals and their self interest. Austrian school theorists hold that economic theory should be exclusively derived ...

  2. www.investopedia.com › terms › aAustrian School: What it is, How it Works - Investopedia

    4. Sept. 2021 · Learn about the Austrian school of economics, its origins, main ideas, and criticisms. The Austrian school emphasizes causal realism, time and uncertainty, information and coordination, entrepreneurship, and business cycles.

  3. www.investopedia.com › articles › economicsAustrian School of Economics: Founders, Key Ideas, and Insights

    28. Apr. 2024 · Learn about the Austrian school of economics, its founders, key concepts, and insights. The Austrian school uses logic and a priori thinking to discover universal economic laws and subjective value, and differs from other schools on topics like price determination, capital goods, and inflation.

  4. simple.wikipedia.org › wiki › Austrian_SchoolAustrian School - Simple English Wikipedia, the free encyclopedia

    The Austrian School is a way of thinking about economics. It is based on the actions of the individual person. It started in late 19th and early 20th century Vienna, Austria. It is referred to as Austrian economics, because the primary economists were Austrian although its followers are from all over the world today.

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  6. austrian-institute.org › en › the-austrian-school-of-economicsThe Austrian School of Economics

    The Austrian School of Economics promotes an economic and social thinking that is not trapped in unrealistic, mostly mathematical models. It does not see the economy as an object of state political regulation and central, almost engineering-like control.