Philosophy and Methodology

Marx said your logic depends on your class. The Nazis said it depends on your race. Mises had a name for that idea, and an answer to it. Wanjiru Njoya applies it to how we argue about race today.

Why is water nearly free while diamonds cost millions, when you'd die in three days without one and never miss the other? In 1871, Carl Menger finally solved it.

Joshua Mawhorter reviews Dr. Shawn Ritenour’s Foundations of Economics: A Christian View.

A critique of the German “Socialists of the Chair” and their social policy—by way of the Methodenstreit, the clash of control versus economic law, and Max Weber—showing how “social liberalism” abandons liberalism itself.

When reading the works of great Austrian economics thinkers such as Henry Hazlitt or Robert Murphy, a lot of their work is theoretical and does not

Austrian economics does not share the same methodology as we see in the economics mainstream. The Austrian emphasis on praxeology provides a better explanation of economic events than does the mathematically-bound mainstream.

Austrian economics does not share the same methodology as we see in the economics mainstream. The Austrian emphasis on praxeology provides a better explanation of economic events than does the mathematically-bound mainstream.

How Marxism claims that truth itself is attainable only in a classless society, and how the cult of “action” and violence—by way of Georges Sorel and French syndicalism—fed into Leninism, fascism, and Nazi racial doctrine.

Mises opens the philosophical half of the course by arguing that Marx’s materialism—the claim that a person’s economic class shapes his very ideas and logic—dominates modern thought, and he begins to dismantle it.

The US “celebrates” its 250th birthday today, but not everyone is celebrating. We bring back a classic from 10 years ago that is even more relevant today.