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.

on the macroeconomic effects of money supply

The Austrian school of economics focuses on the macroeconomic effects of money supply and how central banking decisions can lead to malinvestment.

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.

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

a school of economic thought, rather than a physical institution

The Austrian School of Economics is a school of economic thought, rather than a physical institution.

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.

that is based on methodological individualism – the concept that social phenomena result from the motivations and actions of individuals

The Austrian Economics or the Austrian School is a school of economic thought that is based on methodological individualism – the concept that social phenomena result from the motivations and actions of individuals.

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.

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.

the one branch of economics that has one theory of practice that applies from the very smallest examples at the micro end of the scale to the largest examples at the macro scale

The Austrian school of economics is the one branch of economics that has one theory of practice that applies from the very smallest examples at the micro end of the scale to the largest examples at the macro scale.

a school of economic thought, your eminance

Mark H., Austrian economics is a school of economic thought, your eminance.