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Mainstream economists are generally critical of the Austrian School and consider its methodology and conclusions (which they term "heterodox") to be outside of mainstream economic theory.[6][7][8][9] Austrian economists, in turn, are critical of much mainstream economic doctrine and methodology, although many theories developed by early Austrian economists have been absorbed into mainstream economics. Among the Austrian contributions that have long influenced mainstream economic thinking are the subjective theory of value, marginalism in price theory, and its formulation of the economic calculation problem.[10] Although the Austrian School has been considered heterodox since the late 1930s, nevertheless it began to attract renewed academic and public interest starting in the 1970s.[11]

Born (1963-03-23) March 23, 1963 (age 62)
CitizenshipUnited States
EducationFinance and Accounting
Quick facts Peter Schiff, Born ...
Peter Schiff
Born (1963-03-23) March 23, 1963 (age 62)
CitizenshipUnited States
EducationFinance and Accounting
Alma materHaas School of Business, B.B.A. 1987[1]
OccupationInvestment Dealer
EmployerEuro Pacific Capital
Known forLibertarian Commentary
Notable workCrash Proof 2.0 The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country
Opponent(s)John Maynard Keynes,[2] Alan Greenspan,[3]Ben Bernanke, [4]Paul Krugman,[5]
Websitehttp://www.europac.net
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Among the contributions of the Austrian School that have influenced mainstream economic thinking are the subjective theory of value, marginalism in price theory, and the Austrian formulation of the economic calculation problem.[12] Nevertheless economists are generally critical of the current-day Austrian School and consider its methodology and conclusions in other areas, for example its rejection of econometrics and other tools of aggregate macroeconomic analysis, to be outside of mainstream economic theory, or "heterodox." [6][7][13][9] Although the Austrian School had been considered heterodox since the late 1930s, it nevertheless began to attract renewed academic and public interest starting in the 1970s.[11]



SPECIFICO talk 23:20, 23 January 2013 (UTC)


Born(1926-03-02)March 2, 1926
DiedJanuary 7, 1995(1995-01-07) (aged 68)
New York City, New York, U.S.
CitizenshipUSA
EducationPh.D economics
Quick facts Murray N. Rothbard, Born ...
Murray N. Rothbard
Rothbard c. 1994
Born(1926-03-02)March 2, 1926
DiedJanuary 7, 1995(1995-01-07) (aged 68)
New York City, New York, U.S.
CitizenshipUSA
EducationPh.D economics
Alma materColumbia University
OccupationsWriter, teacher.
Employer(s)Brooklyn Polytechnic Institute, University of Nevada, Las Vegas
Organizationvon Mises Institute
Known forAnarcho-capitalism, Historical revisionism, Austrian economics (Misean)
Notable workMan Economy and State, For a New Liberty: The Libertarian Manifesto
StyleControversialist[14]
MovementFounder of right-wing anarchism[15]
SpouseJoAnn Schumacher
Parent(s)David and Rae Rothbard
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