Austrian School economics

URI: https://gptkb.org/entity/Austrian_School_economics

GPTKB entity

Statements (53)

Predicate	Object
gptkbp:instanceOf	school of economic thought
gptkbp:criticizedFor	gptkb:Milton_Friedman gptkb:Paul_Samuelson mainstream economics
gptkbp:date	late 19th century
gptkbp:developedBy	subjective theory of value time preference theory of interest Austrian business cycle theory capital and interest theory theory of marginal utility
gptkbp:emphasizes	methodological individualism marginal utility spontaneous order subjectivism
gptkbp:foundedBy	gptkb:Carl_Menger
https://www.w3.org/2000/01/rdf-schema#label	Austrian School economics
gptkbp:influenced	economic policy debates modern libertarian thought
gptkbp:influencedBy	gptkb:Friedrich_Hayek gptkb:Ludwig_von_Mises gptkb:Carl_Menger gptkb:Eugen_Böhm_von_Bawerk classical economics
gptkbp:majorWork	gptkb:The_Road_to_Serfdom gptkb:Principles_of_Economics gptkb:Human_Action gptkb:Man,_Economy,_and_State
gptkbp:notableFigure	gptkb:Friedrich_Hayek gptkb:Ludwig_von_Mises gptkb:Eugen_Böhm_von_Bawerk gptkb:Israel_Kirzner gptkb:Murray_Rothbard
gptkbp:opposedBy	gptkb:Keynesian_economics central planning mathematical modeling in economics
gptkbp:originatedIn	gptkb:Austria
gptkbp:relatedTo	gptkb:Chicago_School_of_Economics classical liberalism libertarianism
gptkbp:supports	entrepreneurship free markets private property laissez-faire policies
gptkbp:teaches	market process theory impossibility of economic calculation under socialism importance of entrepreneurship importance of price signals role of knowledge in markets
gptkbp:bfsParent	gptkb:Thomas_Woods gptkb:Libertarianism_(United_States) gptkb:Thomas_DiLorenzo gptkb:Walter_Block
gptkbp:bfsLayer	6