Philosophy and Methodology

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David Gordon

Rothbard warned against the assumption that because democracies are “better” than dictatorships, they are necessarily more peace loving.

Frank Shostak

Much of modern neoclassical economic theory depends upon assumptions that do not reflect real world conditions. Austrian economists, however, know that realistic assumptions matter.

David Gordon

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

Michael Matulef

Austrian economics stands apart from the economic mainstream in its deductive approach to economic analysis.