This week 40 years ago the Austrian school of economics staged a revival at a conference at South Royalton in upstate Vermont. Ironically, that was the year after the death of Ludwig von Mises (1881-1973), the backbone of the movement for almost a century. Also in 1974 Hayek was awarded a share of the Bank of Sweden “Nobel prize” with the socialist Myrdal.
The Institute of Humane Studies sponsored the Royalton College event where about 50 people turned up for addresses from the three big hitters at the time, Israel Kirzner, Ludwig Lachmann and Murray Rothbard. The proceedings were published in a collection The Foundations of Modern Austrian Economics.
That book and the papers from the second Austrian conference the following year, and many other books of an Austrian and libertarian nature were available from the Sydney think tank Centre 2000 in the 1980s, even from a streetfront shop in the Sydney CBD for a short time.
Now Catallaxy is the stronghold of the Australian School, a dynamic combination of Austrian ideas with Popperism and the classicals.