This publication argues that the paintings of the Austrian economists, together with Carl Menger, Joseph Schumpeter, Ludwig von Mises and Friedrich Hayek, has been too narrowly interpreted. via a research of Viennese politics and tradition, it demonstrates that the venture they have been engaged in was once a lot broader: the research and protection of a liberal civilization. Erwin Dekker exhibits the significance of the civilization of their paintings and the way they conceptualized their very own obligations towards that civilization, which used to be attacked left and correct through the interwar interval. Dekker argues that what differentiates their place is they considered themselves essentially as scholars of that civilization instead of as social scientists, or engineers. This specific concentration and strategy is expounded to the Viennese surroundings of the circles, which represent the center of Viennese highbrow lifestyles within the interwar interval.
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