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Have reached recognitions in the United States - Gottfrid Haberler in Harward, Frits
- and Oscar Morgenshtern in Princeton, Paul Rozenshtej-Rodan in Massachusetsky
Technology institute - but in their works, appear, does not remain also traces
In Chicago Hayek has again got to dazzling group: economic branch,
Where tone set Knight, Jacob Wiener, Milton Fridman, and later and George Stigler
Would be the best anywhere; Aaron Direktor at right school soon has based the first
The program on an economic theory and the right; active sharing in teaching
Accepted the such it is international known scientists, as Hanna Arendt and Bruno
Were changed: in 1949 there were Osnovy Polja Samuelsona, and have confirmed physics
As the methodological sample for an economic theory; in 1953 of an essay
- about "a positive economic theory" has established the new standard for
Economic methods. Furthermore Hayek has ceased to work over the economic
The theory, having concentrated on psychology, philosophy and the political theory, and
The Austrian economic theory has entered into the period of long decline. In
This period two young men working together with Mizesom in New York
University, have published the important works in the Austrian tradition: it
- has published in 1962 Man, Economy and State, and Israel Kirtsner in
1973 - Competition and Enterpreneurship. But mostly the Austrian
The tradition stayed in oblivion.
In 1974 there was something amazing: Hayek has received the Nobel Prize
On economy. Thanks to prestige of this award interest to the Austrian school
Has revived; owing to coincidence, the same year a number of isolated scientists,
Continuing to work in traditions of the Austrian school, have gathered on
Memorable conference in Southern Rojaltone, Vermont. [Conference materials
Have been published: The Foundations of Modern Austrian Economics, ed. Edwin
Dolan (Kansas City: Sheed and Ward, 1976). The following has appeared two years later
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