I think "older generations" of Austrians simply did not prioritize politics over economics. I agree that they are one in the same, but what I'm saying is that I do not think that Mises put a lot of emphasis into the study of capitalism in its purest form, without any sort of State. I also do not think that he thought about private security being able to repel a larger invasion. It's similar to Benjamin Anderson, who as far as I know is considered an Austrian: in his book Economics and the Public Welfare he basically states that the Federal Reserve and all other central economic planning was absolutely necessary during the First World War.
But, given the new ideas put forth by new authors, I do not necessarily believe that they would disagree with anarcho-capitalism.
Economic Thought (Latest Post): Don't Be Fooled by GDP
Not if he believed the production of law and order is a market failure, so a state is better than no state.
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