Search Encyclopedia

  • Search Full Site
  • Display Encyclopedia Entries
  • Display Encyclopedia Paragraphs
1 paragraph found in the 1 entry listed below
Carl Menger, David R. Henderson
1 paragraph found.

The austrian school of economic thought first coalesced from Menger’s writings and those of two young disciples, Eugen von Böhm-Bawerk and Friedrich von Wieser. Later Austrian economists Ludwig von Mises and Friedrich Hayek used Menger’s insights as a starting point, Mises with his work on money and Hayek with his idea of “spontaneous order.”