Book Review: "The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas"

Abstract

Janek Wasserman's Marginal Revolutionaries is not so much an intellectual history of Austrian scholarship as a sociological history of a group of scholars who were initially united by geography and eventually were influential in many international research and policy institutions. While the book contains an interesting social narrative of the Austrian school, it falls short in its general economic understanding. A mischaracterization of the Methodenstreit and a serious misunderstanding of Wieser mar the book, as does a politicized ad hominem in the conclusion.