Scenarios about 'austrian economics'
The school of economic thought emphasizing individualism, subjective value theory, and skepticism toward government intervention in markets. Austrian economics, developed by scholars like Carl Menger and Ludwig von Mises, challenges mainstream economic methodologies by focusing on deductive reasoning rather than mathematical modeling. In alternate history scenarios, Austrian economic principles often feature in timelines exploring libertarian societies, different monetary systems, or worlds where Keynesian approaches never gained prominence.
What If The Austrian School of Economics Became Dominant?
Exploring the alternate timeline where Austrian economics supplanted Keynesian theory as the mainstream economic paradigm, fundamentally reshaping monetary policy, government intervention, and global financial systems.