Ok, so the modern Austrian definition of inflation is seemingly different from that of von Mises.

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An engineer with two master's degrees from MIT, Koch is a voracious reader, heavily influenced by the so-called Austrian School of free market economics.

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Viennese gentlemen sipped coffee outside Austrian bakeries so authentic that the neighborhood was called Little Vienna.

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So, why are the Austrian school theories not widely accepted?

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But much of the tough technical work is the product of meetings of senior officials in the so-called Eurogroup Working Group overseen by Austrian Thomas Wieser, who has no staff of his own.

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Letters were sent to Austrian firms last month requesting contributions, but few have replied so far.

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So in 1996 Swarovski threw seven top birders together with a team of Austrian optical engineers for an intensive three-day focus group in Newport, R.

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"I grew up in Austria and when I was a child, there were famous Austrian drivers like Niki Lauda and Gerhard Berger and a race in Austria, so I had a basic knowledge of the sport, " she said.

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