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The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas

The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas

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Key Metrics

  • Janek Wasserman
  • Yale University Press
  • Paperback
  • 9780300255409
  • 8.9 X 5.7 X 0.7 inches
  • 1.1 pounds
  • Business & Economics > Economic History
  • English
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Book Description

A group history of the Austrian School of Economics, from the coffeehouses of imperial Vienna to the modern-day Tea Party

The Austrian School of Economics--a movement that has had a vast impact on economics, politics, and society, especially among the American right--is poorly understood by supporters and detractors alike. Defining themselves in opposition to the mainstream, economists such as Ludwig von Mises, Friedrich Hayek, and Joseph Schumpeter built the School's international reputation with their work on business cycles and monetary theory. Their focus on individualism--and deep antipathy toward socialism--ultimately won them a devoted audience among the upper echelons of business and government.

In this collective biography, Janek Wasserman brings these figures to life, showing that in order to make sense of the Austrians and their continued influence, one must understand the backdrop against which their philosophy was formed--notably, the collapse of the Austro-Hungarian Empire and a half-century of war and exile.

The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas

Author Bio

Janek Wasserman is Associate Professor at The University of Alabama Department of History and his research interests cover history of economic thought, modern German history ,and Central European history. 

His list of publications include two books, The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas (New Haven, CT: Yale University Press, 2019) and  Black Vienna: The Radical Right in the Red City, 1918-1938 (Ithaca, NY: Cornell University Press, 2014).

 

Research Interests
 

European Intellectual History
Modern German History
Central European History
History of Economic Thought
Holocaust

Education
 

PhD, Washington University in Saint Louis, 2010

 

Source: University of Alabama Department of History 

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