An Austrian Frame of Mind

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Deist-WassermanBk_012020

Professor Janek Wasserman, to his credit, is not a polemicist. His new book is indeed a leftist critique of the broad school of economic thought now colloquially referred to as “Austrian,” but it is not only that. It is also a lively and well-paced history of the astonishing influence pre-war Viennese intellectuals had on the greater world, and continue to have in areas far beyond economics. The author’s ideology intrudes at times, but never quite so obtrusively as to derail the book’s mission. The Marginal Revolutionaries first and foremost is a worthwhile historical account of major figures from the Austrian school, and not primarily an attempt at academic or ideological refutation.

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