Philosophy and Methodology

Professor Tara Smith tries to set the record straight regarding Ayn Rand, Objectivism, and reason. Unfortunately, as David Gordon demonstrates, Smith's analysis misses the mark.

The simple tautology that individuals act is not trivial, despite what critics of Austrian economics might say. As Mises noted, human action is directly related to the ability of humans to reason. 

Is ethics objectively true?

Economic laws represent the real world. They are not ideologies or objects of worship. These laws are not the product of an ideological wish list but rather explain production and exchange.

Utopians are not satisfied with imposing DEI on humans. They also want the state to treat animals as “oppressed” minorities with positive rights. 

Human action is not a figment of our imaginations, nor is it a social construct. Praxeology describes real and purposeful actions by people who act on what they know or what they believe to be true.

While F.A. Hayek saw human ignorance as the basis for what he called spontaneous order, Ludwig von Mises saw human reason as the basis for praxeology.

Economic laws represent the real world. They are not ideologies or objects of worship. These laws are not the product of an ideological wish list but rather explain production and exchange.

Human action is not a figment of our imaginations, nor is it a social construct. Praxeology describes real and purposeful actions by people who act on what they know or what they believe to be true.

Utopians are not satisfied with imposing DEI on humans. They also want the state to treat animals as “oppressed” minorities with positive rights.