Austrian liberals of the 1920s sought to translate economic theory into policy guidance

Evidence

At stake for the Mises Circle was the question one member asked in 1928: Is it posĀ­siĀ­ble ā€œto build a bridge between economic theory and economic policy?ā€ The question of the late 1920s for the Austrian liberals was: What kind of economic information was reliable and what kind of information was poĀ­litiĀ­cally useful? — Quinn Slobodian, Globalists, 178

Categorization

  • XREF: connects to: Austrian economics originated as a reaction against state-led development — Mark Blyth, Austerity: The History of a Dangerous…, 382