Austrian Economics Overview

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Economic Theory Begins with Human Action, Not Data Sets

Booms and BustsFree MarketsAustrian Economics OverviewPraxeology

Blog04/25/2022

Austrian economics begins with logical deductions made from what we know about human action, not data sets that are subject to change.

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Quantitative Methods Are Incomplete When Used for Economic Analysis

The EntrepreneurAustrian Economics OverviewEntrepreneurshipOther Schools of ThoughtPraxeology

Blog03/09/2022

Modern economics claims that quantitative methods are central to understanding economic analysis. Mises demonstrated why this belief is untrue.

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Economic Knowledge Is Qualitative, Not Quantitative

Austrian Economics OverviewOther Schools of Thought

Blog02/23/2022

Mainstream academic economists believe that we advance economics by "testing" theories. Austrian economists believe economics is about understanding human action and does not have to be subjected to constant tests.

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Why Austrians Stress Ordinal Utility

Austrian Economics OverviewPhilosophy and Methodology

Blog02/03/2022

Sometimes people—even other economists—are incredulous that the Austrians deny the possibility of interpersonal utility comparisons.

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Why Everyone Should Read These Two Essays by Ludwig von Mises

Austrian Economics OverviewInterventionism

Blog09/27/2021

The public must come to a fuller understanding that without private property there is no liberty; that there is no safe middle of the road; and that we citizens are engaged in a constant struggle with government over how much of our own property, and of the fruits of our own labor, we will be...

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Study Guide to the Jordan Peterson – Robert Murphy Podcast

Media and CultureAustrian Economics OverviewPhilosophy and Methodology

Blog09/02/2021

Robert Murphy's interview with Jordan Peterson featured a fast and exciting conversation with lots of references to books, articles, and other Austrian scholarship. This study guide offers citations and explanations for that may have gone by too quickly for the audience.

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Hoppe's The Great Fiction, Expanded Second Edition—Now Available

Austrian Economics Overview

Blog03/16/2021

The second edition of The Great Fiction will be welcomed by all readers interested in the theoretical foundations of a free society.

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Debunking Seven Common Criticisms of Austrian Economics

Austrian Economics OverviewPhilosophy and Methodology

Blog11/25/2020

If people want to dismiss this school of thought, which many seem inclined to do for political (not theoretical) reasons, at least they should do so based on facts and knowledge, not on falsehoods.

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My Path to the Austrian School of Economics

Austrian Economics OverviewHistory of the Austrian School of Economics

Blog12/06/2019

There is no more stopping the Mises School. And when the truth finally wins out, because only what is true can also work smoothly in the long run, then the hour of the Austrian School of Economics will have come.

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