This e-book argues that the paintings of the Austrian economists, together with Carl Menger, Joseph Schumpeter, Ludwig von Mises and Friedrich Hayek, has been too narrowly interpreted. via a research of Viennese politics and tradition, it demonstrates that the undertaking they have been engaged in used to be a lot broader: the learn and protection of a liberal civilization. Erwin Dekker exhibits the significance of the civilization of their paintings and the way they conceptualized their very own duties towards that civilization, which used to be attacked left and correct in the course of the interwar interval. Dekker argues that what differentiates their place is they considered themselves essentially as scholars of that civilization instead of as social scientists, or engineers. This precise concentration and method is expounded to the Viennese environment of the circles, which represent the guts of Viennese highbrow existence within the interwar interval.

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