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Austrian Economics

Prepared by Richard M. Ebeling
Austrian economics is a distinctive approach to the discipline of economics that analyzes market forces without ever losing sight of the logic of individual human action. Two of the major Austrian economists in the 20th century have been Friedrich A. Hayek, who won the Nobel Prize in Economics, and Ludwig von Mises. Posted below is an Austrian Economics reading list prepared by Richard M. Ebeling, economics professor at Northwood University in Midland and former president of the Foundation for Economic Education and vice president of academic affairs at FFF.

Carl Menger

(Oxford: Oxford University Press, Joseph A. Schumpeter, 1951).

Planning Chaos

(Irvington-on-Hudson, NY: Foundation for Economic Education, Ludwig von Mises, 1947).


(New Haven, CT; Yale University Press, Ludwig von Mises, 1944).