Austrian economics behind the iron curtain: The rebirth of an intellectual tradition |
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Authors: | Anthony J Evans |
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Institution: | (1) ESCP Europe Business School, 527 Finchley Rd, Hampstead, London, NW3 7BG, UK |
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Abstract: | This article documents the spread of the Austrian school of economics in central and eastern Europe following the fall of
the Berlin Wall. Extensive research based on interviews, fieldwork and archival analysis records the development of distinct
epistemic communities throughout the region and the subsequent networks that have emerged to unite them. In doing so, we provide
a rare history of ‘centre-right’ political ideas in eastern Europe, a chronology of the development and influence of libertarianism,
cursory intellectual biographies of neglected Austrian economists and empirical evidence that contributes to the epistemic
communities approach to the study of idea diffusion. The findings support the view that the policy reforms during the transition
process were built on neoclassical orthodoxy rather than ‘neoliberalism’ or ‘market fundamentalism’ but point to a fast-growing
epistemic community that has had increasingly significant policy influence. |
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