Austrian School of economics/Definition: Difference between revisions
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imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> A school of economists who reject the tenets of macroeconomics and oppose the practice of collective economic management; and whose methodology conc...) |
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A school of economists who reject the tenets of [[macroeconomics]] and oppose the practice of collective economic management; and whose methodology concentrates upon the decisions of individuals and the operation of the [[market]] mechanism. | A school of economists who reject the tenets of [[macroeconomics]] and oppose the practice of collective economic management; and whose methodology concentrates upon the decisions of individuals and the operation of the [[market (economics)|market]] mechanism. | ||
Latest revision as of 19:47, 7 March 2024
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Austrian School of economics [r]: A school of economists who reject the tenets of macroeconomics and oppose the practice of collective economic management; and whose methodology concentrates upon the decisions of individuals and the operation of the market mechanism.