Other Schools of Thought

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Frank Shostak

The field of behavior economics downplays the role of purposeful praxeology in economics. Austrian economics does not make that error.

Thiago V. S. Coelho

"Effective altruism" has become a buzzword with modern progressives who seek to combine state power and billionaire-funded nonprofits to redirect resources.

Per Bylund

While most economists admit that value is subjective, they still err by concentrating on scarcity and choice instead of purposeful action by individuals.

Jonathan Newman

While supporters of fractional reserve banking claim banks inform depositors that they are really lenders (and banks are borrowers), a survey of the fine print yields says otherwise.

David Gordon

While Murray Rothbard believed that self-ownership formed the basis for private property rights, other philosophers disagree.