Understanding the Difference between Praxeology and Psychology
Some economists have tried to apply psychology to economic analysis, but psychology is not what drives economic activity.
Some economists have tried to apply psychology to economic analysis, but psychology is not what drives economic activity.
Karl Marx may have been a philosopher or just someone with an opinion. He was not, however, an economist.
Karl Marx may have been a philosopher or just someone with an opinion. He was not, however, an economist.
Progressivism is collectivist, anti-individual, and ultimately destroys civilization itself. Austrian economics stands against this force.
Teaching high schoolers economics means teaching Austrian principles.
Progressivism is collectivist, anti-individual, and ultimately destroys civilization itself. Austrian economics stands against this force.
Other psychic factors being equal, it is to everyone's self-interest to maximize his monetary income on the market. But this maximum income can then be used for either “selfish” or for “altruistic” ends.
Human rights is a term tossed around casually in our politicized age. Must there be a moral base to such rights, and how do we determine that morality?
Murray Rothbard was no fan of John Stuart Mill's philosophy and neither is Philip Kitcher. However, there is a huge divide in how Rothbard and Kitcher view Mill.