Praxeology

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.

No graphs, no data, no experiments—just logic. David Gordon on how Austrian economists reason from a single starting point: humans act.
 

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

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.

Mises defends his use of the word: true liberalism is defined by private ownership of the means of production, and he explains why he keeps the name despite its distorted modern usage.

Mises's guided reading list of the essential works of liberal thought, from Hume, Smith, and Bentham onward, for readers who want to study the tradition in depth.

Mises argues that modern civilization rests on liberalism and capitalism, and can be destroyed only from within—by the spread of antiliberal ideas, not by any outside enemy.

Why liberalism differs from interest-based parties, the crisis of parliamentary government, and the misleading charge that liberalism is merely the “party of capital.”

Liberalism applied to world affairs: national self-determination, free trade and freedom of movement as the foundations of peace, and critiques of nationalism, imperialism, and colonialism.

The economic case for private property and the free market, including the impracticability of socialism, the failures of interventionism, and the problems of cartels, monopoly, and bureaucracy.