австрийски икономисти

Chapter II. You can see the front parts HERE and HERE How did the Austrian School of Economics originate? In order to more fully and comprehensively understand the contribution of the "Austrians" to economic science, we need to briefly familiarize ourselves with the origin and evolution of their ideas, with the important names in history, and with the result of ...

Chapter I, Part 2* You can read the first part HERE Life is a series of ups and downs In economic theory, there are similar analogous reversals - the constant alternation of a strong economic boom and an almost as long economic downturn. There are different opinions, theoretical and practical explanations for the emergence of business cycles. According to the "mainstream" ...

Chapter I, Part 1* Nowadays, many people feel that the explanations of crises and social processes are incomplete, if not completely wrong. The process repeats itself - political formations change, promises are replaced, and disappointments are not long in coming. Change is needed, but not led by the hope for new state "saviors", ...

Ludwig von Mises was born on September 29, 1881 in Lemberg (Lviv, present-day Ukraine), but grew up and spent the first half of his life in the Austrian capital of Vienna. After returning to Vienna (most likely between 1883 and 1897), the Mises family rented a house in the suburbs at Friedrichstrasse 4, which today …