The Austrian School grew out of a tiny liberal electorate that dominated Vienna’s politics

Evidence

For the Austrian milieu that nourished Mises and Hayek, the entire twentieth century was marked by decline. Mises came of age in Vienna under the multi-ethnic and supranational Austro-Hungarian Empire. In 1871, when the economist Carl Menger wrote what became the founding text of the Austrian School of economics, Principles of Economics, only 4 per cent of the population of Vienna were eligible to vote. They used their voting power to support liberal reforms, including freedoms of speech, assembly, religion and faith, as well as academic freedom. — Jessica Whyte, The Morals of the Market, 107

Categorization

• XREF: The liberal-reform association of early Austrian economics contrasts with later neoliberal hostility to democracy. — connects to: Interwar Vienna produced the extra-academic intellectual networks that seeded neoliberalism — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 101; Hayek, Machlup, and Haberler all trained under von Mises in interwar Vienna. — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 996; Austrian economics was born under an empire where only four percent could vote — Jessica Whyte, The Morals of the Market: Human Rights…, 107

Broader Connections

• Interwar Vienna produced the extra-academic intellectual networks that seeded neoliberalism #expands (0.75) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 101
• Hayek, Machlup, and Haberler all trained under von Mises in interwar Vienna. #expands (0.72) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 996