About

The PLUS Department of Economics offers an open, collaborative and internationally oriented research and working environment for its members, students and guests. The members of the department share the conviction to use economic reasoning and analysis to address important real world questions, from reducing inequality, advancing a sustainable and healthy life, to better decision making in the digital world. The PLUS Department of Economics was formally established in 2022, but economists have taught and researched at the Paris Lodron University of Salzburg (PLUS) for much longer. The most influential economist working at the PLUS was Friedrich August Hayek. He was Professor in Salzburg from 1968 to 1977 after holding faculty positions at the University of Freiburg, the University of Chicago and the London School of Economics. In 1974, he received the Alfred Nobel Memorial Prize in Economics for his pioneering work on price theory. Today, he is also remembered as one of the most important thinkers of liberalism in the 20th century. The Faculty of Law, Business and Economics hosts Hayek’s private economics library.