An academic paper by our intern, David Chávez Salazar, on the genealogy of the Austrian School of Economics, was published recently in the journal MISES: Interdisciplinary Journal of Philosophy, Law and Economics. Here is a summary of the paper in English – find the complete paper in Spanish attached at the end:
The Genealogy of the Austrian School of Economics
This work aims to briefly present the genesis and historical evolution of the Austrian School of Economics and to formulate a series of considerations about the future of its research program as well. In order to develop the historical report, we will use the typology proposed by the British economist Israel Kirzner – one of the greatest exponents of the Austrian tradition – that distinguishes four stages in the development of this line of economic thought. The Austrian paradigm is a deep and systematic analysis of human nature and the relation between the individual and society. It brings the importance for the global economic thinking and the urgency of applying its approaches to the contemporary world.
The AEC’s fundamental goal is to promote a free, responsible and prosperous society. Through education and improving public understanding of key economic questions, the AEC promotes the idea of a free market economy and the ideal of a free society.