Marginal Revolutionaries

Janek Wasserman is associate professor at the University of Alabama. He is the author of Black Vienna: The Radical Right in the Red City, 1918–1938.

“A fair-minded, deeply researched account of how a school of thought developed and wielded influence . . . quite well done, and full of fascinating stories.”—Justin Fox, New York Times Book Review“A masterly history.”—George Melloan, Wall Street Journal“The book is a fair- minded, deeply researched account of how a school of thought developed and wielded influence”— Justin Fox, International New York Times“[A] book that no one interested in the interrelationships between Austrian economics and the renaissance of liberal thought can afford to disregard”—Hansjörg Klausinger, Contemporary Austrian Studies“Wasserman’s masterful book paints a much needed critical yet scholarly picture of the Austrian School...Unlike many of the accounts written by  people personally connected to the School, he brings attention to these thinkers’ privileged backgrounds and lifestyles, their fundamentally elitist politics, and the important connections to wealthy benefactors with clear political agendas.”—Ola Innset, Erasmus Journal for Philosophy and Economics“Wasserman tells an original story of a real school of economic thought from its very beginnings to the present…tracing the constant interaction between individual thinkers and an intellectual community that has survived over time…The story as a whole is fascinating.”—Antonio Magliulo, The Journal of European Economic History“Likely to become a standard reference...The author is admirably even-handed in his assessments of both the adherents and critics of Austrianism.”—David Throsby, Times Literary Supplement“Shines in its treatment of the School as a sociological entity, and it demonstrates that social ties can overcome many intellectual differences...Makes a compelling case on sociological grounds for the inclusion of Friedrich Wieser, Hans Mayer, Joseph Schumpeter and Oskar Morgenstern in the School”—Erwin Dekker, European Journal of the History of Economic ThoughtWinner of the Joseph Spengler Best Book Prize, sponsored by the History of Economics Society “This is a vital book for our times. Janek Wasserman’s study is learned and accessible, demystifying and elegant; above all, it corrects popular misconceptions about the origins and legacies of Austrian economics.”—Jeremy Adelman, Princeton University“Over more than a hundred years, the Austrian School of Economics was born, emigrated, split, revived and transformed. Janek Wasserman has done the impossible, producing a readable guide to the whole story while shirking none of the school’s complexity. A serious achievement.”—Quinn Slobodian, author of Globalists: The End of Empire and the Birth of Neoliberalism“Janek Wasserman deftly traces the filiation of Austrian economic ideas from the café culture of pre-war Vienna to the online universe of the contemporary alt-right.  The result is a stimulating history of economists such as Mises and Hayek, and their influence on our era. Well-written, compelling, and entirely accessible, this book deserves a broad readership.”—Robert Leonard, Université du Québec à Montréal“[ . . . ] Wasserman has succeeded in providing a rich and worthwhile overview of Austrian economics.”—D. Mitch, University of Maryland Baltimore County