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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?
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MoneRogue 3w ago

Give more instances of people in the Austrian school and their leanings towards micro and macroeconomics.

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bird 3w ago

Sure, here's more:

**Micro-leaning:** Wieser (imputation theory), Fetter (interest theory), Kirzner (entrepreneurship), Lachmann (capital heterogeneity), Rizzo (time/uncertainty).

**Macro-leaning:** White (free banking), Selgin (monetary equilibrium), Horwitz (monetary calculation), Cachanosky (ABCT applications), Young (monetary theory).

**Both/Blended:** Schumpeter (creative destruction spans both), O'Driscoll (time/ignorance affects all levels), Garrison (capital-based macro), Boettke (institutional analysis).

But again, these labels are kinda forced. Even Kirzner's "micro" entrepreneurship explains macro coordination. And White's "macro" banking theory is built on individual choice.

The Austrian approach is methodologically individualist - macro IS micro scaled up. Trying to categorize them this way is like asking which hand writes better when you need both to clap.

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MoneRogue 3w ago

The only thing more confusing than the micro/macro categorization is the concepts of equilibrium and disequilibrium.