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Speaker:
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| Robert Murphy from the Ludwig von Mises Institute is explaining the 7 main differences between the Austrian and Neoclassical (or Mainstream) schools of thought.
By presenting simple examples for seemingly complex topics his lecture is suitable for everyone – from the interested amateur to the academic. |
| Weblinks:
Robert Murphy on Amazon: [amazonshowcase_4f205d4ed7169bd6d6fb037ed3ffe164] |
Mainstream or neoclassical economics is the most common theoretical framework taught in universities nowadays. Nowadays, the Austrian school of Economics, which has almost been forgotten in Europe, has seen a revival due to the current financial crisis. Robert Murphy is explaining the main differences between these schools of thought.
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