Colleges That Teach Austrian Economics

The Austrian school of economics was founded in 1871. It was named the Austrian school because many of its early adherents were from Austria and taught at the University of Vienna. Austrian economics is a free-market economic philosophy that focuses on individual action and logic and warns against government intrusion into the economy. It is often associated with libertarian political movements. Although academia is often home to Keynesian economic thought (which contradicts Austrian thought), there are a number of colleges in the United States with programs teaching Austrian economics.
  1. Auburn University

    • The Austrian economic philosophy focuses on human action rather than mathematics.

      Auburn University is located in Auburn, Alabama. Although the economics program at Auburn is not strictly Austrian, Roger W. Garrison, a prominent Austrian economist, is a professor. Additionally, the proximity of the university to the Ludwig von Mises Institute in Auburn is attractive to many students. The Ludwig von Mises Institute is a center focused on the study of Austrian economics and libertarian political and social theories.

    George Mason University

    • George Mason University in Arlington, Virginia, has a number of Austrian professors in its economics department. Peter Boettke, a well-known Austrian economist, is a professor, and Walter Williams, also a well-known proponent of free-market and Austrian ideas, is also a professor and served as chair of the department from 1995 until 2001. Additionally, many students interested in Austrian economics find George Mason University appealing since it is home to the Institute for Humane Studies, an organization that seeks to advance individual liberty and economic freedom through a number of scholarships, fellowships and other programs for students interested in the ideas of liberty.

    Grove City College

    • Grove City College is a small, Christian, four-year liberal arts college in Grove City, Pennsylvania, about 50 miles north of Pittsburgh. According to its mission statement, "the College unapologetically advocates preservation of America's religious, political, and economic heritage of individual freedom and responsibility." In keeping with this philosophy, the Grove City College economics department advances the ideas of economic freedom, and much of the economics program is rooted in Austrian economics. The department holds an annual Austrian Student Scholars Conference. Hans Sennholz, a well-known Austrian scholar, was professor and chair of the economics department at Grove City College from 1956 until 1992.

    New York University

    • Austrian economic thought at New York University (NYU) dates back to the days when Ludwig von Mises taught there from 1945 to 1969. NYU continues to offer some Austrian economics classes, but most of the economics professors are non-Austrian.

    Hillsdale College

    • Hillsdale College is a small, independent liberal arts college located in southern Michigan. Its Economics and Business Administration Department is committed to teaching business and economics from a free-market perspective. The economics major offers courses in Austrian economics. Hillsdale is also home to Ludwig von Mises' personal library; these materials can be found in the Ludwig von Mises room at the Mossey library on campus.

Learnify Hub © www.0685.com All Rights Reserved