The Economics of Peace and Security Journal

eps journal
A publication by Economists for Peace and Security

War and the Austrian School: applying the economics of the Founders
Scott A. Kjar and William A. Anderson

Vol 5, No 1 - , January 2010


The Austrian school of economics is generally considered an antiwar school. The Austrian view is not derived from a religious or class-based ideological view. Instead, it derives entirely from the school's fundamental economic tenets. This article applies the economic views of the Austrian school's founders -Menger, Bohm-Bawerk, and Wieser- to the issue of war. [Keywords: war; Austrian school, history of economic thought. JEL codes: B13, B31, D83, D90]

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