!!!Österreichische Schule der Nationalökonomie

School of Economics, Austrian (Oesterreichische Schule der 
Nationaloekonomie), founded by K. von  Menger, body of liberal 
economic theory which originated mainly at the University of Vienna. 
Many theories were only developed in detail by Menger's students (e.g. 
 Marginal Utility Theory by F. von Wieser, business-cycle theory 
by L. von  Mises). The school enjoyed great international renown.


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