Portal:Austria

The Austria Portal

Topographical map of Austria
The flag of Austria
Austria, formally the Republic of Austria, is a landlocked country in Central Europe, lying in the Eastern Alps. It is a federation of nine federal states, one of which is the capital, Vienna, the most populous city and federal state. Austria is bordered by Germany to the northwest, the Czech Republic to the north, Slovakia to the northeast, Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west. The country occupies an area of 83,879 km2 (32,386 sq mi) and has a population of around 9 million.

Austria, as a unified state, emerged from the remnants of the Eastern and Hungarian March at the end of the first millennium. Originally a margraviate of Bavaria, it developed into a duchy of the Holy Roman Empire in 1156 and was later made an archduchy in 1453. In the 16th century, Vienna began serving as the empire's administrative capital and Austria thus became the heartland of the Habsburg monarchy. Before the dissolution of the Holy Roman Empire two years later, in 1804, Austria established its own empire, which became a great power and the dominant member of the German Confederation. The empire's defeat in the Austro-Prussian War of 1866 led to the end of the Confederation and paved the way for the establishment of Austria-Hungary a year later. Austria was the common name for the non-Hungarian parts of the state, also known as Cisleithania.

After the assassination of Archduke Franz Ferdinand in 1914, Emperor Franz Joseph declared war on Serbia, which ultimately escalated into World War I. The empire's defeat and subsequent collapse led to the proclamation of the Republic of German-Austria in 1918 and the First Austrian Republic in 1919. During the interwar period, anti-parliamentarian sentiments culminated in the formation of an Austrofascist dictatorship under Engelbert Dollfuss in 1934. A year before the outbreak of World War II, Austria was annexed into Nazi Germany by Adolf Hitler, and it became a sub-national division. After its liberation in 1945 and a decade of Allied occupation, the country regained its sovereignty and declared its perpetual neutrality in 1955.

Austria is a semi-presidential representative democracy with a popularly elected president as head of state and a chancellor as head of government and chief executive. Major cities include Vienna, Graz, Linz, Salzburg, and Innsbruck. Austria has the 13th highest nominal GDP per capita with high standards of living; it was ranked 22th in the world for its Human Development Index in 2022. (Full article...)
Entries here consist of Good and Featured articles, which meet a core set of high editorial standards.

Selected article - show another

The Austrian School is a school of economic thought that advocates methodological individualism in interpreting economic developments (see praxeology), the theory that money is non-neutral, the theory that the capital structure of economies consists of heterogeneous goods that have multispecific uses which must be aligned (see Austrian business cycle theory), and emphasizes the organizing power of the price mechanism (see economic calculation debate).

Selected picture - show another

Categories

Select [►] to view subcategories
Statue of Athena outside the Austrian Parliament
Statue of Athena outside the Austrian Parliament

Related portals

Selected biography - show another

Ludwig von Mises

Edler Ludwig Heinrich von Mises (German pronunciation: [ˈluːtvɪç fɔn ˈmiːzəs]; September 29, 1881 – October 10, 1973) was an Austrian economist, philosopher, and classical liberal who was a prominent figure in the Austrian School of economic thought. Fearing a Nazi take-over of Europe, Mises emigrated to New York in 1940. He published his magnum opus Human Action in 1949. Mises had a significant influence on the Libertarian movement that developed in the United States in the mid-20th century.

Mises was the older brother of the famous applied physicist Richard von Mises, a member of the Vienna Circle.

Mises wrote and lectured extensively on behalf of classical liberalism and is seen as one of the leaders of the Austrian School of economics. In his treatise on economics, Human Action, Mises introduced praxeology as a more general conceptual foundation of the social sciences and established that economic laws were only arrived at through the means of methodological individualism firmly rejecting positivism and materialism as a foundation for the social sciences. Many of his works, including Human Action, were on two related economic themes of monetary economics and inflation, and the differences between government controlled economies and free markets.

Mises developed the theory of the 'sovereignty of the consumer' in a free-market economy; in his view, the consumer ultimately dictates everything that happens. This argument was set out in Human Action.

Did you know (auto-generated)

General images

The following are images from various Austria-related articles on Wikipedia.

Topics

Associated Wikimedia

The following Wikimedia Foundation sister projects provide more on this subject:


© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search