History of the Austrian School of Economics

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Austrian Economists and Empiricism

History of the Austrian School of EconomicsPhilosophy and Methodology


Austrian economics is defined by its adherence to the a priori methodology, not empiricism. That places it at odds with mainstream economics, which stresses the methodology of positivism.

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American Dissident: The Legacy of Murray Rothbard

HealthLibertarianismThe Police StateHistory of the Austrian School of Economics


Murray Rothbard was an elite economist, historian, and avowed enemy of the state. His legacy lives on nearly three decades after his untimely passing.

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Saint Augustine, Proto-Austrian

History of the Austrian School of EconomicsPraxeology


One of the fundamental tenets of Austrian economics is the ordinal value scale. Augustine articulated the idea more than a thousand years before Carl Menger wrote his pathbreaking Principles of Economics.

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Röpke Revisited

SocialismHistory of the Austrian School of Economics


William Röpke, who fled Nazi Germany in the 1930s, has made important contributions to Austrian economic analysis. Not surprisingly, he rejected collectivism as a way to organize an economy.

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How Marxism Abuses Ethics and Science to Deceive Its Followers

Free MarketsSocialismHistory of the Austrian School of EconomicsOther Schools of Thought


While socialists posit socialism as a humane and ethical system, it is anything but that. Mises understood its brutality long before socialism gripped the world.

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Misunderstanding Murray (Again)

Free MarketsHistory of the Austrian School of EconomicsPolitical TheorySubjectivism


Professor Melinda Cooper of Australia believes she has "discovered" Murray Rothbard, but the Rothbard she claims to have found is nonexistent. David Gordon explains why.

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Review: The Politically Incorrect Guide to Economics

Free MarketsU.S. EconomyHistory of the Austrian School of Economics


If you wish to get a better understanding of economics, don't follow the mainstream. Instead, read Thomas DiLorenzo's new book.

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Emil Kauder as an Austrian Dehomogenizer

History of the Austrian School of Economics


Names like Menger, Böhm-Bawerk, Wieser, Hayek, and Rothbard are well-known to adherents of the Austrian school of economics. Emil Kauder isn't one of those names, but Murray Rothbard brings his contributions to Austrian thinking to light.

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The Austrian Economics Meeting Europe Got a Taste of Cancel Culture

History of the Austrian School of EconomicsOther Schools of Thought


Many think cancel culture is an odd particularity of the Anglosphere. Unfortunately, it raised its ugly head at this year's Austrian Economics Meeting Europe held in Lithuania.

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