Mises and Hayek in the 1920s and 1940s thought of their work as within the orthodoxy of economic science. But after WWII it became increasingly obvious that the contributions of Mises and Hayek were out of step with the way the economics profession was evolving. But starting in 1974, due to the...

"What if economics began with people? Carl Menger. Ludwig von Mises. F.A. Hayek. Murray Rothbard. Israel Kirzner. They're some of the most important and acclaimed economists of the modern era, and they all belong to an intellectual tradition known as the Austrian School of Economics. While many...