ABSTRACT

This chapter aims to identify four generations of the Austrian School of women economists from the first decade of twentieth century to 1970s, and to determine their role in the history of the Austrian School. Embedded in the complex Austrian society between the end of the nineteenth century and the interwar years, the first two generations of Austrian School women economists frequently handled the economic problems of their time from a theoretical perspective. Their research revealed that they shared the typical features of the Austrian School of economics, especially the disutility of any economic policy, in keeping with their more influential and well-known male counterparts. The third and fourth generation of Austrian School women economists developed their economic analysis mainly under the influence of Ludwig Mises and Friedrich Hayek in London and in the United States. They also disseminated Austrian economics, especially in their battle against Keynesian economics and in their works on monetary policy.