The Austrian school prioritizes extremely minimalist or no government intervention in the economy. Free banking, exchange/ownership of property, and movement are all emphasized in the Austrian school. The Chicago school is a bit more restrictionist than the Austrian school, but not by much. They usually have minimalist central banking, regulations on exchange and ownership of property. Other differences tend to be the views on business cycle theories, theories of value, etc. I am an Austrian myself BTW
The Austrian school prioritizes extremely minimalist or no government intervention in the economy. Free banking, exchange/ownership of property, and movement are all emphasized in the Austrian school. The Chicago school is a bit more restrictionist than the Austrian school, but not by much. They usually have minimalist central banking, regulations on exchange and ownership of property. Other differences tend to be the views on business cycle theories, theories of value, etc. I am an Austrian myself BTW