About this episode
Every time we embark on a given plan of action, big or small, we make a choice. Whereas many economists model people’s behavior using idealized assumptions, economists of the Austrian School don’t. The Austrian School of Economics takes people as they are and constructs economic theories by examining the logical structure of the choices they make. Steve Horwitz discusses Austrian Economics: An Introduction . Hosted on Acast. See acast.com/privacy for more information.