The Purpose of Production and the Economy: A Criticism of Pronatalist Economics

Tags: Austrian Economics Overview, Entrepreneurship, Praxeology

06/24/2025 Ryan Turnipseed

Mainstream economics is deterministic, holding that economic actors continue to move in one directions, not responding to changes in economic circumstances or incentives. The Austrians understand economics is about people engaged in purposeful action.

Original article: https://mises.org/mises-wire/purpose-production-and-economy-criticism-pronatalist-economics

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