Austrian economists believe government intervention in free markets makes negative business cycles more severe, while ...

The Austrian school of economics is a school of economic thought that emphasizes the importance of individual human action and free markets in economic decision-making. It has its origins in late 19th ...

Austrian economics provides valuable insights for business planning, but not so much in business cycle analysis. It’s not that key insights from the Austrian school of economics are wrong, but that ...

Forty years ago, during the week of June 15-22, 1974, the Austrian School of Economics was reborn during a conference in the small New England town of South Royalton, Vermont. Why was this important?

Eighty years ago, in the autumn of 1934, there appeared in English one of the most important books on money and inflation penned in the twentieth century, The Theory of Money and Creditby the Austrian ...

Opinions expressed by Entrepreneur contributors are their own. Over 50 years ago, economist William Baumol noted that economics was a theory of the economy that left no place for entrepreneurship.

Moreover, Bitcoin has become a store of value for many individuals who see it as a hedge against fiat currency devaluation. Its decentralized nature and limited supply have led some to view it as ...

Austrian School economists distrust empirical economics, a skepticism that is partially warranted, partially unwarranted. The Austrian insights are helpful for business planning, even though I don’t ...

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that. The Church publishes the Monitor ...

Professor Josef Schumpeter, an Austrian, who has been lecturing for some time at the University of Vienna, will lecture at the University towards the middle of March on topics in Economic Theory, ...