The Austrian School of Economics: A View from London

26 Pages Posted: 7 Nov 2018 Last revised: 1 Mar 2019

See all articles by Peter J. Boettke

Peter J. Boettke

George Mason University - Department of Economics

Rosolino Candela

Mercatus Center at George Mason University

Date Written: November 1, 2018

Abstract

This paper explores the intellectual context of the Department of Economics at the London School of Economics and Political Science (LSE) during the 1930s. we will be focusing on the contributions of F.A. Hayek, along with Lionel Robbins, in fostering an intellectual environment for the transmission and incorporation of Austrian economics, particularly the works of Ludwig von Mises, into a unified tradition of economic theory that consisted of various strands of economic thought that had either contributed to or were consistent with the Austrian tradition. The work done by Hayek, as well as Robbins, at the LSE not only consolidated the ideas of the Austrian tradition that had developed from Vienna. In doing so, they also rearticulated the broader theoretical contributions of classical political economy as a counterweight against an emerging neoclassical and Keynesian paradigm.

Keywords: F.A. Hayek; Lionel Robbins; London School of Economics; Austrian Economics

JEL Classification: B25; B31; B53

Suggested Citation

Boettke, Peter J. and Candela, Rosolino, The Austrian School of Economics: A View from London (November 1, 2018). GMU Working Paper in Economics No. 18-33. Available at SSRN: https://ssrn.com/abstract=3276479 or http://dx.doi.org/10.2139/ssrn.3276479

Peter J. Boettke

George Mason University - Department of Economics ( email )

4400 University Drive
Fairfax, VA 22030
United States
703-993-1149 (Phone)
703-993-1133 (Fax)

Rosolino Candela (Contact Author)

Mercatus Center at George Mason University ( email )

4400 University Drive
Fairfax, VA 22030
United States

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