His primary areas of research include Austrian economics, economic development, and political economy.

Nevertheless, most of his academic work on Austrian economics is critical.

Austrian economics after 1940 can be divided into two schools of economic thought, and the school "split" to some degree in the late 20th century.

Current day economists working in this tradition are located in many different countries, but their work is referred to as "Austrian economics".

Whether Austrian economics supports or rejects general equilibrium theory and the precise relationship is unclear.

Even in the early days, Austrian economics was used as a theoretical weapon against socialism and statist socialist policy.

Austrian economics has been a major influence on some forms of libertarianism, in which laissez-faire capitalism is considered to be the ideal economic system.

Under his leadership, during the 1980s, George Mason was a center of Austrian Economics.

The most notable exception is Austrian economics.

He first became interested in Austrian economics while spending the summer of 1926 at the University of Zurich.