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Economics in Austria from 1945 to today

Ewald Nowotny ()
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Ewald Nowotny: Oesterreichische Nationalbank

Empirica, 2019, vol. 46, issue 3, 505-517

Abstract: Abstract Following the intellectual exodus of the 1930s and persecution by the Nazi regime, economics in Austria had, with only a handful of exceptions, lost connection to international trends. After 1945, political choices further consolidated this state of affairs. Only after a generation change and thanks to a climate of reforms in the late 1960s and 1970s, research both outside and inside universities managed to catch up. Today, academic economics in Austria is part of an integrated European and North American market for economists as well as for economic ideas.

Keywords: Austria; History of economic thought; Austrian school of economics; Universities; University of Vienna; Hochschule für Welthandel; Institute of advanced studies (search for similar items in EconPapers)
JEL-codes: A11 A12 A20 B20 B31 (search for similar items in EconPapers)
Date: 2019
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Handle: RePEc:kap:empiri:v:46:y:2019:i:3:d:10.1007_s10663-019-09444-7