Austrian Economists

The main and only concern of the Austrian economists was to contribute to the advancement of economics. They never tried to win the support of anybody by other means than by the convincing power developed in their books and articles. They looked with indifference upon the fact that the universities of the German-speaking countries, even many of the Austrian universities, were hostile to economics as such and still more so to the new economic doctrines of subjectivism.

Austrian Economics: An Anthology, p. 72

Those whom the world called the “Austrian economists” were, in the Austrian universities, somewhat reluctantly tolerated outsiders.

Austrian Economics: An Anthology, p. 56

What distinguishes the Austrian School and will lend it everlasting fame is its doctrine of economic action, in contrast to one of economic equilibrium or nonaction.

Notes and Recollections, p. 36.