Ryan Ford says he is glad to do the work others are unwilling to do at the going market wage. When one looks at the grocery workers who are striking for higher pay, their tactics and principles, he asks: is this consistent with freedom? Is this what free and fair trade is? To use coercion to force others to trade under your conditions is folly.

Theory and History

Tags: Austrian Economics Overview, Philosophy and Methodology, Political Theory, World History

03/01/2004 Hans-Hermann Hoppe

Economic theory is essential for understanding history. It is difficult to interpret data without economic theory. Theory cannot come from data. All states are aggressive. All wars require economic resources. More liberal states will pursue more aggressive policies. The biggest bullies will get away with murder.

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

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