The Austrian tradition began formally with Carl Menger's 1871 work Principles of Economics. But its roots stretch back to the late-scholastic period, when philosophers first began to think systematically about the relationship between human choice and material resources.

This collection presents ideas from the full sweep of this intellectual history, highlighting 15 thinkers who made the greatest contribution to advancing the Austrian School of economics. These original essays are written by top Austrians who explain the Austrian view of property, markets, prices, competition, entrepreneurship, business cycles, and government policy.

Contributors include Murray Rothbard, Israel Kirzner, Joseph Salerno, Hans Hoppe, Jeffrey Herbener, Peter Klein, Mark Thornton, Jesus Huerta de Soto, Larry Sechrest, John Egger, Roger Garrison, Shawn Ritenour, Thomas DiLorenzo, and Jeffrey Tucker. 

Economists covered are Juan de Mariana, Cantillon, Turgot, Say, Bastiat, Menger, Wicksteed, Boehm-Bawerk, Fetter, Mises, Hazlitt, Hayek, Hutt, Roepke, and Rothbard.

This book has been such a successful introductory text that it is the primary required reading for students attending the Mises University. It provides an opportunity to discover the main ideas of the School through the lives and works of its primary expositors.

Download 15 Great Austrian Economists

PDF format, 13.8MB, 271Pages.

Paperback: 258 pages
Publisher: Ludwig Von Mises Institute (January 1, 1999)
Language: English
ISBN-10: 0945466048
ISBN-13: 978-0945466048

CONTENTS
Introduction: The Austrian School Past and Present
Randall G. Holcombe
1. Juan de Mariana: The Influence of the Spanish Scholastics
Jesus Huerta de Soto
2. Richard Cantillon: The Origin of Economic Theory
Mark Thornton. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 13
3. A.R.J. Turgot: Brief, Lucid, and Brilliant
Murray N. Rothbard. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 29
4. Jean-Baptiste Say: Neglected Champion of Laissez-Faire
Larry ]. Sechrest .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 45
5. Frederic Bastiat: Between the French and Marginalist
Revolutions
Thomas]. DiLorenzo. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 59
6. Carl Menger: The Founding of the Austrian School
Joseph T. Salerno. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 71
7. Philip Wicksteed: The British Austrian
Israel M. Kirzner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 101
8. Eugen von Bohm-Bawerk: Capital, Interest, and Time
Roger W. Garrison. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 113
9. FrankA.Fetter: A Forgotten Giant
Jeffrey M. Herbener " 123
10. Ludwig von Mises: The Dean of the Austrian School
Murray N. Rothbard 143
11. Henry Hazlitt: The People's Austrian
Jeffrey Tucker. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 167
12. EA. Hayek: AustrianEconomist and Social Theorist
Peter G. Klein. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 181
13. WilliamH. Hutt: The "Classical" Austrian
John B. Egger. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 195
14. Wilhelm Ropke: AHumane Economist
Shawn Ritenour . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 205
15. Murray N. Rothbard: Economics, Science, and Liberty
Hans-Hermann Hoppe , , 223
Index , 245
Aboutthe Contributors .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 259

INTRODUCTION:
THE AUSTRIAN SCHOOL PAST AND PRESENT
RANDALL G. HOLCOMBE

AT THE END of the twentieth century, the Austrian School of economics is exerting a significant influence both on the development of academic economics and on the application of economic theory to public policy.

An increasing number of economics professors are sympathetic with the fundamental ideas of Austrian economics, and academic journals are taking more account of the Austrian School.1 A half century ago, few academic economists would even have been familiar with the Austrian School, except superficially, and among those who were, most would have disagreed with its methods and conclusions.

Today, the ideas of Austrian economics are closer to the mainstream of economic thought, not because Austrian economics has changed, butbecause mainstream economics has moved toward the Austrian point of view. A similar shift has occurred in the public-policy arena. The policy implications of Austrian economics, once rejected as extreme, are now embraced as true. In the process, the Austrian School has become increasingly visible as an intellectual force.

Despite the significant advances that Austrian economics has made, it still plays a minor role in academic economics, and only a small minority of academic economists consider themselves members of the Austrian School. ...

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