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The Austrian school of Madrid

Author

Listed:
  • Cristóbal Matarán López

    (European University of Madrid)

Abstract

This paper focuses on the current situation and the historical development of Austrian Economics in Madrid. We will analyse the formation of this School as the result of the thesis defended by Joaquín Reig Albiol in the late fifties and the current economic debate surrounding the fractional reserve and other complex issues. In this half-century tour, we will explore three different generations of Austrian economists in Spain, whilst demonstrating that a distinct branch of the Austrian School is today live and well in Madrid. Eventually, we will discover how the Spanish Austrian economists have applied praxeology to contemporary political and economic problems and conclude that a vigorous and growing economic school of thought exists in Madrid.

Suggested Citation

  • Cristóbal Matarán López, 2023. "The Austrian school of Madrid," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 36(1), pages 61-79, March.
    • Handle: RePEc:kap:revaec:v:36:y:2023:i:1:d:10.1007_s11138-021-00541-0
    DOI: 10.1007/s11138-021-00541-0
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    References listed on IDEAS

    as
    1. Murray N. Rothbard, 1995. "Economic Thought Before Adam Smith," Books, Edward Elgar Publishing, number 377.
    2. David Howden, 2014. "Knowledge flows and insider trading," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 27(1), pages 45-55, March.
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    More about this item

    Keywords

    History of the economic thought; Methodology; History of the economic ideas; Austrian economics;
    All these keywords.

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-

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