Praxeology

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Utilitarian Free-Market Economics

Free MarketsHistory of the Austrian School of EconomicsPraxeology

05/24/2022Mises Daily Articles
Utilitarianism assumes that morality—the good—is purely subjective to each individual. It also assumes that these subjective desires can be added, subtracted, and weighed across the various individuals in society.
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Uncertainty

Austrian Economics OverviewHistory of the Austrian School of EconomicsPraxeology

05/20/2022Mises Daily Articles
That man acts and that the future is uncertain are by no means two independent matters. They are only two different modes of establishing one thing.
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The Fallacy of Collectivism

Austrian Economics OverviewHistory of the Austrian School of EconomicsPraxeology

05/14/2022Mises Daily Articles
In our time the most powerful theocratic parties are opposed to the world's great religions. Today's theocrats believe they alone can plan society and that they are enlightened.
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Jordan Peterson on Austrian Economics: Free Markets Are "Profoundly Equitable"

CoordinationFree MarketsPhilosophyPlanningPhilosophy and MethodologyPraxeology

04/29/2022Mises Media
Jordan Peterson is turning his eye toward Austrian economics. Unlike the many conservatives who see free market advocacy as some sort of "dangerous fundamentalism," Peterson seems to get it.
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Are Equal Pay Arguments Based upon the Labor Theory of Value?

Free MarketsLabor and WagesPraxeologyValue and Exchange

04/26/2022Mises Media
Arguments for equal pay are popular in our body politic, but what happens if some of those arguments are based upon the faulty logic of the labor theory of value?
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Mises in America

Free MarketsGlobal EconomyWorld HistoryAustrian Economics OverviewPraxeology

04/20/2022Mises Daily Articles
"Let's celebrate the prodigious life of Lu Mises, a life in which he fused crowning insight on how the world tackles the law of scarcity, with lifelong moral courage."
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The Ethics and Economics of Private Property

BiographiesLegal SystemMedia and CultureHistory of the Austrian School of EconomicsPhilosophy and MethodologyPolitical TheoryPraxeology

02/24/2022Mises Daily Articles
The idea of private property not only agrees with our moral intuitions—it is the sole just solution to the problem of social order.
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You Can't Always Get What You Want

Calculation and KnowledgePraxeology

01/20/2022Mises Daily Articles
Trade-offs are made necessary by scarcity. Individuals must choose between the alternatives forced upon them by reality. A refusal to acknowledge this leads to big problems.
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Time and Praxeology

History of the Austrian School of EconomicsPraxeology

01/10/2022Mises Daily Articles
The uneasiness that impels a man to act is caused by a dissatisfaction with expected future conditions as they would probably develop if nothing were done to alter them.
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Misunderstanding Demonstrated Preference

Calculation and KnowledgePraxeologySubjectivism

01/07/2022Friday Philosophy
Demonstrated preference has everything to do with the choices an economic actor faces in a given moment, not all the conceivable options.
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