In India, as we saw, the Sepoy Mutiny led to a vast reorganization of British colonialism in the area, sending out a viceroy from London and before too long, Queen Victoria was proclaimed “Empress of India,” with this great empire, ruling over maharajahs and other local potentates.
The Austrian School came into existence when a bunch of Viennese rent-gouging landlords didn't want rent control on the rents they could gouge out of their tenants in old Vienna, so they hired a bunch of scribblers - and that's the Austrian School.