Introduction : Vienna and Chicago, a tale of two schools -- Old and new Vienna : the rise, fall, and rebirth of the Austrian school -- The imperialistic Chicago school -- Methodenstreit : should a theory be empirically tested? -- Gold vs. fiat money : what is the ideal monetary standard? --...

"A group history of the Austrian School of Economics, from the coffeehouses of imperial Vienna to the modern-day Tea Party. The Austrian School of Economics-a movement that has had a vast impact on economics, politics, and society, especially among the American right-is poorly understood by...

"Erudite, accessible and lucidly written, this book provides both a stimulating introduction and excellent summary of the core principles, ideas and diversity of modern Austrian economics. The Austrian school was well within the mainstream of economic thought by the 1930s, but fell from...