Josef Steindl’s Life and Work in Austria

Alois Guger, Ewald Walterskirchen


Josef Steindl’s impact on economic policy in Austria concentrated on three areas: Keynesian thinking, educational policy and technology policy. After returning to Vienna in 1950 Steindl advanced Keynesian and Kaleckian thinking in Austria and thus influenced a whole generation of economists. He pushed for an educational policy in Austria and emphasised the role of engineers, technicians and skilled workers in long-term economic growth. Closely related to this was his plea for a technology policy. As an industrial latecomer, Austria was able to import technologies for a long time; but once the country had caught up, it needed to stimulate innovation with a conscious technology policy.



JEL Codes: E12, I20, O33


Post-Keynesianism, Educational Policy, Technology Policy

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