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Schumpeter and Mises as ‘Austrian Economists’

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  • Viktor Vanberg

Abstract

Joseph A. Schumpeter and Ludwig von Mises were both Austrian-born economists, both were students of Böhm-Bawerk and von Wieser, yet whether they both may be classified as ‘Austrian economists’ is a controversial issue. This paper takes a closer look at the mixture of commonalities and disagreements in their writings that have given rise to the ambivalent assessments of their ‘Austrian’ credentials. Copyright Springer-Verlag Berlin Heidelberg 2015

Suggested Citation

  • Viktor Vanberg, 2015. "Schumpeter and Mises as ‘Austrian Economists’," Journal of Evolutionary Economics, Springer, vol. 25(1), pages 91-105, January.
    • Handle: RePEc:spr:joevec:v:25:y:2015:i:1:p:91-105
    DOI: 10.1007/s00191-013-0330-8
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    References listed on IDEAS

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    1. Viktor Vanberg, 2007. "Corporate social responsibility and the ‘game of catallaxy’: the perspective of constitutional economics," Constitutional Political Economy, Springer, vol. 18(3), pages 199-222, September.
    2. Hayek, F. A., 1997. "Socialism and War," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226320588 edited by Caldwell, Bruce, April.
    3. repec:ucp:bkecon:9780226320649 is not listed on IDEAS
    4. Agnès Festré, 2002. "Money, Banking and Dynamics: Two Wicksellian Routes from Mises to Hayek and Schumpeter," American Journal of Economics and Sociology, Wiley Blackwell, vol. 61(2), pages 439-480, April.
    5. Pelikan, Pavel, 2006. "Markets vs. Government when Rationality is Unequally Bounded: Some Consequences of Cognitive Inequalities for Theory and Policy," Freiburg Discussion Papers on Constitutional Economics 06/5, Walter Eucken Institut e.V..
    6. Vanberg, Viktor J., 2004. "Austrian Economics, Evolutionary Psychology and Methodological Dualism: Subjectivism Reconsidered," Freiburg Discussion Papers on Constitutional Economics 04/3, Walter Eucken Institut e.V..
    7. Brandi, Clara & Wohlgemuth, Michael, 2006. "Strategies of Flexible Integration and Enlargement of the European Union: a Club-theoretical and Constitutional Economics Perspective," Freiburg Discussion Papers on Constitutional Economics 06/7, Walter Eucken Institut e.V..
    8. Bruce Caldwell, 1997. "Hayek and Socialism," Journal of Economic Literature, American Economic Association, vol. 35(4), pages 1856-1890, December.
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    Cited by:

    1. Erwin Dekker, 2018. "Schumpeter: Theorist of the avant-garde," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 31(2), pages 177-194, June.

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