The Genealogy of the Austrian School of Economics

MISES: Interdiscip. J. of Philos. Law and Econ, São Paulo, 2018; 1 (1) https://www.revistamises.org.br/misesjournal/article/view/72

62 Pages Posted: 4 Jan 2019 Last revised: 1 Jul 2020

See all articles by Nelson David Chavez Salazar

Nelson David Chavez Salazar

Universidad de La Salle

Fernando Chavarro Miranda

George Mason University; Maastricht School of Management (MSM); Universidad de los Andes, Colombia

Date Written: March 16, 2018

Abstract

Spanish Abstract: El presente documento tiene el propósito de ilustrar, de manera breve, la génesis y evolución histórica de la Escuela de Economía Austríaca, así como el de formular una serie de consideraciones sobre el futuro de su programa de investigación. Para desarrollar el recuento histórico haremos uso de la tipología propuesta por el economista británico Israel Kirzner – uno de los máximos exponentes de la tradición austríaca –, quien distingue cuatro etapas en el desarrollo de esta corriente del pensamiento económico austríaco. El paradigma austríaco es un análisis profundo y sistemático de la naturaleza humana y de la relación entre el individuo y la sociedad. De ahí la importancia que reviste para el pensamiento económico mundial y la urgencia de aplicar sus planteamientos en el mundo contemporáneo.

English Abstract: This work aims to briefly present the genesis and historical evolution of the Austrian School of Economics and to formulate a series of considerations about the future of its research program as well. In order to develop the historical report, we will use the typology proposed by the British economist Israel Kirzner -one of the greatest exponents of the Austrian tradition -that distinguishes four stages in the development of this line of economic thought. The Austrian paradigm is a deep and systematic analysis of human nature and the relation between the individual and society. It brings the importance for the global economic thinking and the urgency of applying its approaches to the contemporary world.

Note: Downloadable document is in Spanish.

Keywords: Historia Económica Clásica, Escuela Austriaca

JEL Classification: B12, B19

Suggested Citation

Chavez Salazar, Nelson David and Chavarro Miranda, Fernando, The Genealogy of the Austrian School of Economics (March 16, 2018). MISES: Interdiscip. J. of Philos. Law and Econ, São Paulo, 2018; 1 (1) https://www.revistamises.org.br/misesjournal/article/view/72, Available at SSRN: https://ssrn.com/abstract=3294731

Nelson David Chavez Salazar

Universidad de La Salle ( email )

Carrera 5 No.59A-44
Bogota
Colombia

Fernando Chavarro Miranda (Contact Author)

George Mason University ( email )

4400 University Drive
Fairfax, VA 22030
United States

Maastricht School of Management (MSM) ( email )

Endepolsdomein 150
Maastricht, Limburg 6201 BE
Netherlands

Universidad de los Andes, Colombia ( email )

Carrera Primera # 18A-12
Bogota, DC D.C. 110311
Colombia

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