18 lines
699 B
Markdown
18 lines
699 B
Markdown
# Austrian Economics
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A heterodox school of economics that attempts to reason about human behaviour from first principles and deductive reasoning instead of quantitative analysis. Popular in the early 20th century but largely rejected by the modern academy.
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This school of thought has seen a resurgence in relation to [crypto assets](../cryptoasset.md).
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Often resonates with advocacy for the [gold standard](../gold-standard.md) and [libertarianism](libertarianism.md).
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Prominent Thinkers in the Austrian tradition are:
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* Murry Rothbards
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* Ludwig von Mises
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* Friedrich Hayek
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* Saifedean Ammous
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## References
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* Friedrich, Carl J. "The Road to Serfdom." (1945): 575-579.
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* [@ammous_bitcoin_2018] |