Austrian school of economics
GPTKB entity
Statements (48)
Predicate | Object |
---|---|
gptkbp:instanceOf |
school of economic thought
|
gptkbp:emphasizes |
methodological individualism
marginal utility spontaneous order subjectivism |
gptkbp:foundedBy |
gptkb:Carl_Menger
gptkb:Friedrich_von_Wieser gptkb:Eugen_Böhm_von_Bawerk |
gptkbp:hasConcept |
entrepreneurship
capital theory economic calculation problem praxeology business cycle theory subjective theory of value time preference |
https://www.w3.org/2000/01/rdf-schema#label |
Austrian school of economics
|
gptkbp:influenced |
gptkb:Chicago_school_of_economics
libertarianism public choice theory |
gptkbp:notableFigure |
gptkb:Friedrich_Hayek
gptkb:Ludwig_von_Mises gptkb:Henry_Hazlitt gptkb:Israel_Kirzner gptkb:Murray_Rothbard |
gptkbp:opposedBy |
gptkb:Keynesian_economics
Marxist economics central planning mathematical modeling in economics |
gptkbp:originatedIn |
gptkb:Austria
|
gptkbp:period |
19th century
20th century 21st century |
gptkbp:publishedIn |
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:relatedTo |
gptkb:Austrian_Business_Cycle_Theory
classical liberalism laissez-faire anarcho-capitalism free market |
gptkbp:teaches |
economic phenomena are complex and subjective
government intervention distorts markets market process is dynamic prices convey information individual choice is central |
gptkbp:bfsParent |
gptkb:Historical_school_of_economics
|
gptkbp:bfsLayer |
7
|