“Un-Austrian” Austrians? Haberler, Machlup, and Morgenstern, and the Post-Emigration Elaboration of Austrian Economics

Janek Wasserman

A chapter in Research in the History of Economic Thought and Methodology, 2016, vol. 34A, pp 93-124 from Emerald Group Publishing Limited

Abstract: Historians of economic thought have begun to reintegrate “un-Austrian” Austrians back into discussions of Austrian Economics, yet many scholars have argued that the Austrian School dissolved after emigration, with only Mises and his followers left to carry on the legacy. This chapter argues that a renewed focus on the networks established by the Austrians themselves, before and after emigration, reveals a distinctly different picture of Austrian Economics. Focusing on their shared interest in international trade theory and business cycle theory and their continued contributions to economic methodology, we see the émigré Austrians advancing Austrian ideas while also reconstituting and elaborating new Austrian affiliations. Ultimately, we find ourselves in agreement with Herbert Furth that Austrian Economics is far broader than Hayek, Mises, and their acolytes would have it, and that it is vital to understand and preserve this more diverse tradition by investigating more closely the works of Haberler, Machlup, Morgenstern, and others.

Keywords: Oskar Morgenstern; Gottfried Haberler; Fritz Machlup; Rockefeller foundation; trade theory; economic methodology (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... 3-41542016000034A004
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:rhetzz:s0743-41542016000034a004

DOI: 10.1108/S0743-41542016000034A004

Access Statistics for this chapter

More chapters in Research in the History of Economic Thought and Methodology from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().