austrian school wikipedia - EAS
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The Austrian School is a heterodox school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result exclusively from the motivations and actions of individuals. Austrian school theorists hold that economic theory should be … See more
Etymology
The Austrian School owes its name to members of the German historical school of economics, who argued against the Austrians during the late-19th century Methodenstreit ("methodology … See moreOpportunity cost
The opportunity cost doctrine was first explicitly formulated by the Austrian economist See moreThe Austrian School theorizes that the subjective choices of individuals including individual knowledge, time, expectation and other subjective factors cause all economic … See more
General
Mainstream economists generally reject modern-day Austrian economics, and argue that modern-day Austrian economists are … See more• Agafonow, Alejandro (2012). "The Austrian Dehomogenization Debate, or the Possibility of a Hayekian Planner". Review of Political … See more
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