The Austrian School of Economics in the 21st Century: Evolution and Impact

Annette Godart-van der Kroon · Joseph Salerno

Jan 2023 · Springer Nature

About this ebook

This book provides an overview of the evolution and theories of the Austrian School of Economics and develops answers to current economic questions and the pressing problems of the 21st century from the Austrian perspective. Readers will learn about the fundamental ideas of the Austrian School, the current state of Austrian economics, and the intellectual figures and institutions that sustain it as a vibrant intellectual movement. International experts on Austrian economics cover topics such as the economic impact of pandemics, trade blocs, federalism and European integration, and the economic development of China. The book also discusses the influence of the Austrian School on modern economic thought and mainstream economics, as well as on policymakers. It will appeal to students and scholars of economics and to anyone interested in social and economic liberalism.

About the author

Annette Godart-van der Kroon (LLM) is the President of the Ludwig von Mises Institute – Europe. She also possesses long-term experience as a civil affairs lawyer at the Courts of Roermond and Utrecht in the Netherlands (Brussels, Belgium). In 1996 she became a member of the Mont Pélerin Society, an influential society composed of Nobel Prize winning economists and other leading scholars. She is an author /editor of several books and she presented many articles at Universities such as the University of Athens, Erfurt, Maastricht, Heilbronn, Lviv and others.

Joe Salerno is an American Austrian School economist, who is Professor Emeritus of Economics in the Finance and Graduate Economics departments at the Lubin School of Business at Pace University (USA). He is Academic Vice President of the Ludwig von Mises Institute, and holds the John V. Denson II Endowed Professorship in the economics department at Auburn University (USA). He earned his B.A.at Boston College and his M.A. and Ph.D. at Rutgers University. Salerno has published over 50 scholarly articles and books and is the editor of the Quarterly Journal of Austrian Economics. He is a recognized expert on monetary theory and policy, international monetary reform, and Austrian economics and has testified before the United States Congress on the topics of inflation and of reserve fractional reserve banking.