Forty years ago, during the week of June 15-22, 1974, the Austrian School of Economics was reborn during a conference in the small New England town of South Royalton, Vermont. Why was this important?

It's a safe bet that a lecture combining free-market economics, gender and wage gaps will generate attention on an average college campus. Add race and IQ to the equation, and it's all but certain to ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. The Austrian school focuses on individual ...

Many of my friends are influenced by the Austrian school of economics (not the same as the economics of Austria). I think they are way too gloomy in their economic forecasts. Though not a ...

When a presidential candidate declares, as Ron Paul has, "We're all Austrians now," it's inevitable that his critics would try to discredit him—whether they understand what he's talking about or not.

Austrian School economists distrust empirical economics, a skepticism that is partially warranted, partially unwarranted. The Austrian insights are helpful for business planning, even though I don’t ...

The fundamental principles of economics are based on human nature and do not change regardless of how they are interpreted. People behave certain ways on an individual and societal level based on the ...

The Austrian school of economics is a school of economic thought that emphasizes the importance of individual human action and free markets in economic decision-making. It has its origins in late 19th ...