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an intellectual tradition in economics and political economy dating back to Carl Menger in the late-19th century

The Austrian School of Economics is an intellectual tradition in economics and political economy dating back to Carl Menger in the late-19th century.

a school of economic thought that derives economic thought's name from economic thought's Austrian founders and early supporters, including Carl Menger, Eugen von Böhm-Bawerk and Ludwig von Mises

The Austrian School of economics is a school of economic thought that derives economic thought's name from economic thought's Austrian founders and early supporters, including Carl Menger, Eugen von Böhm-Bawerk and Ludwig von Mises.

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libertarian philosophy masquerading as a school of economic thought

Austrian economics (or the Austrian school of economics) is libertarian philosophy masquerading as a school of economic thought.

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a school of economic thought which supports the libertarian philosophy by pointing out the inefficiency and ineffectualness of government intervention

The Austrian school of economics is a school of economic thought which supports the libertarian philosophy by pointing out the inefficiency and ineffectualness of government intervention.

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a tradition of economic thought founded by Carl Menger in the last third of the XIX century

The Austrian School of Economics is a tradition of economic thought founded by Carl Menger in the last third of the XIX century.

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a tradition of economic thought that emphasises individual freedom, the role of the market in allocating resources, and the importance of private property rights

The Austrian School of economics is a tradition of economic thought that emphasises individual freedom, the role of the market in allocating resources, and the importance of private property rights.

a tiny group of libertarians at war with mainstream economics

The Austrian School of Economics is a tiny group of libertarians at war with mainstream economics.

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a school of economic thought which bases its study of economic phenomena on the interpretation and analysis of the purposeful actions of individuals

The Austrian School of economics is a school of economic thought which bases its study of economic phenomena on the interpretation and analysis of the purposeful actions of individuals

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on the macroeconomic effects of money supply

The Austrian school of economics concentrates on the macroeconomic effects of money supply, and how central banking decisions can lead to over-investment (economic bubble).

a broad range of economic thought generally critical of state socialism and supporters of laissez faire capitalism

The Austrian school of economics is a broad range of economic thought generally critical of state socialism and supporters of laissez faire capitalism.

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a heterodox school of economic thought

The Austrian School of economics is a heterodox school of economic thought.

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to a certain “school of thought” in regards to economic theory that has economic theory's roots in the economic theorists who came out of Austria in the late 19th and early 20th centuries

The Austrian School of economics refers to a certain “school of thought” in regards to economic theory that has economic theory's roots in the economic theorists who came out of Austria in the late 19th and early 20th centuries.

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a free market school of economics

Just so we’re on the same page, the Austrian school of economics is a free market school of economics.

one of the oldest economic perspectives

The Austrian school of economics is one of the oldest economic perspectives, originating in the 19th century in Vienna.