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Austrian Economics Essays

Keynesian, Monetarist, or Austrian Economics

Introduction The Austrian School of Economics, a distinctive and influential school of economic thought, emerged in the late 19th century, primarily shaped by the works of economists like Carl Menger, Ludwig von Mises, and Friedrich Hayek. Characterized by its strong emphasis on individualism, subjective value theory, and the importance of spontaneous order in markets, the ... Read More
Pages: 4       Words: 893
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