Munich Personal RePEc Archive

Die New Austrians als Pseudo-Heterodoxe?

Quaas, Friedrun (2019): Die New Austrians als Pseudo-Heterodoxe?


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In recent years, the Austrian School of Economics (NASE) has decisively expanded its ideological sphere of influence with the help of neoliberal think tanks. At the same time it explicitly cultivates the image of a scientifically heterodox actor far away from the economic mainstream. In this way, it has succeeded in arousing the interest of representatives of the plural economy, which the Austrian School has since adopted as part of its heterodox canon. But how coherent is this image of the NASE as an opponent of orthodoxy? The article examines this question from a historical-theoretical perspective and analyses the mainstream contribution of the various generations of the Austrian School.

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