Download or read book Austrian Economics in America written by Karen I. Vaughn and published by Cambridge University Press. This book was released on 1998-01-28 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the development of the ideas of the new Austrian school from its beginnings in Vienna in the 1870s to the present. It focuses primarily on showing how the coherent theme that emerges from the thought of Carl Menger, Ludwig von Mises, Friedrich Hayek, Ludwig Lachmann, Israel Kirzner and a variety of new younger Austrians is an examination of the implications of time and ignorance (or processes and knowledge) for economic theory.