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Economics in Austria from 1945 to today

Author

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  • Ewald Nowotny

    (Oesterreichische Nationalbank)

Abstract

Following the intellectual exodus of the 1930s and persecution by the Nazi regime, economics in Austria had, with only a handful of exceptions, lost connection to international trends. After 1945, political choices further consolidated this state of affairs. Only after a generation change and thanks to a climate of reforms in the late 1960s and 1970s, research both outside and inside universities managed to catch up. Today, academic economics in Austria is part of an integrated European and North American market for economists as well as for economic ideas.

Suggested Citation

  • Ewald Nowotny, 2019. "Economics in Austria from 1945 to today," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 46(3), pages 505-517, August.
    • Handle: RePEc:kap:empiri:v:46:y:2019:i:3:d:10.1007_s10663-019-09444-7
    DOI: 10.1007/s10663-019-09444-7
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    References listed on IDEAS

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    1. Hansjörg Klausinger, 2017. "Das Österreichische Institut für Konjunkturforschung 1927 bis 1938: Wirtschaftsforschung und Wirtschaftspolitik in der Ersten Republik," WIFO Monatsberichte (monthly reports), WIFO, vol. 90(12), pages 935-940, December.
    2. Ana Rute Cardoso & Paulo Guimarães & Klaus F. Zimmermann, 2010. "Trends in Economic Research: An International Perspective," Kyklos, Wiley Blackwell, vol. 63(4), pages 479-494, November.
    3. Ewald Nowotny, 2017. "Die Geschichte des WIFO und der österreichischen Wirtschaftspolitik in der Zweiten Republik," WIFO Monatsberichte (monthly reports), WIFO, vol. 90(12), pages 941-945, December.
    4. Bruno S. Frey & Reiner Eichenberger, 1993. "American and European Economics and Economists," Journal of Economic Perspectives, American Economic Association, vol. 7(4), pages 185-193, Fall.
    5. Alois Guger & Ewald Walterskirchen, 2012. "Josef Steindl's Life and Work in Austria," PSL Quarterly Review, Economia civile, vol. 65(261), pages 135-149.
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    More about this item

    Keywords

    Austria; History of economic thought; Austrian school of economics; Universities; University of Vienna; Hochschule für Welthandel; Institute of advanced studies;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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