Lex Hoogduin and Jesper Nederhoed launch the GCN Community of Research 'New Austrian School'.
Austrian School economics offers a unique view on the economy. We have a different perspective on the fundamentals of the economy. Whereas mainstream economists are trying to quantify the economy, even when that is practically impossible, in the Austrian view human action has a central place. We look at the cause of problems, instead of merely fighting the symptoms. We favor freedom over goverment intervention.