Statements (50)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
school of economic thought
|
| gptkbp:associatedWith |
gptkb:Austrian_Economics_Center
gptkb:Hayek_Society gptkb:Mises_Institute |
| gptkbp:criticizedFor |
lack of empirical testing
mainstream economists reliance on a priori reasoning |
| gptkbp:foundedIn |
late 19th century
|
| gptkbp:founder |
gptkb:Carl_Menger
|
| gptkbp:hasConcept |
capital theory
economic calculation problem methodological individualism praxeology business cycle theory marginalism opposition to central planning spontaneous order subjective theory of value time preference theory of interest |
| https://www.w3.org/2000/01/rdf-schema#label |
Austrian School
|
| gptkbp:influenced |
libertarianism
Chicago School (in some aspects) free market economics |
| gptkbp:method |
deductive reasoning
praxeology rejection of empirical/statistical methods rejection of mathematical modeling in economics |
| gptkbp:notableMember |
gptkb:Friedrich_Hayek
gptkb:Ludwig_von_Mises gptkb:Friedrich_von_Wieser gptkb:Eugen_von_Böhm-Bawerk gptkb:Israel_Kirzner gptkb:Murray_Rothbard |
| gptkbp:opposedBy |
gptkb:Keynesian_economics
Marxian economics neoclassical economics (in some aspects) |
| gptkbp:originatedIn |
gptkb:Austria
|
| gptkbp:publishedIn |
gptkb:Capital_and_Interest_(Eugen_von_Böhm-Bawerk)
gptkb:Human_Action_(Ludwig_von_Mises) gptkb:Principles_of_Economics_(Carl_Menger) Man, Economy, and State (Murray Rothbard) The Road to Serfdom (Friedrich Hayek) |
| gptkbp:teaches |
economic phenomena are complex and subjective
entrepreneurship is central to markets government intervention distorts markets market process is dynamic money is non-neutral prices convey information |
| gptkbp:bfsParent |
gptkb:Friedrich_Hayek
|
| gptkbp:bfsLayer |
4
|