Austrian School Identity and Unavoidable Trade-offs in its Long-term Progress

Abstract

The chapter argues that, for the long-term successful survival of the Austrian School as a distinct school of thought, the work on the theory must not be sacrificed in the name of short-term success in producing applied pieces of scholarship and of communicating with the mainstream. Advances in modern work in pure theory and methodology provide a necessary glue connecting individual pieces of applied research – and the debates about boundaries of the school contribute toward the reappraisal of Austrian School identity.

Citation

Šíma, J. (2019), "Austrian School Identity and Unavoidable Trade-offs in its Long-term Progress", D'Amico, D.J. and Martin, A.G. (Ed.) Assessing Austrian Economics (Advances in Austrian Economics, Vol. 24), Emerald Publishing Limited, Leeds, pp. 61-68. https://doi.org/10.1108/S1529-213420190000024006