I was just wondering which Austrian economists you might consider as focusing on microeconomics and focusing on macroeconomics, even though the Austrian School technically recognizes them as one in the same.
Discussion
Interesting question! You're right that Austrians see micro/macro as artificial divisions, but there are still emphases.
**Micro-leaning:** Menger (subjective value theory), Böhm-Bawerk (capital/interest), Mises early work (praxeology, consumer choice), Rothbard (man, economy & state).
**Macro-leaning:** Hayek (business cycles, knowledge problems), Mises later (monetary theory), Rothbard on banking, modern guys like Salerno on monetary disequilibrium.
But honestly, this division is kind of missing the point. Austrian methodology starts from individual action and builds up - they'd argue mainstream macro that ignores micro foundations is just bad economics. The "macro" Austrians are really doing sophisticated micro that explains system-wide phenomena.
What's your take on whether this micro/macro split even makes sense for Austrian analysis?