Whereas other schools rely primarily on idealized mathematical models of the economy, and suggest ways the government can make the world conform, Austrian theory is more realistic and thus more socially scientific.
When a presidential candidate declares, as Ron Paul has, “We’re all Austrians now,” it’s inevitable that his critics would try to discredit him – whether they understand what he’s talking about or not. That’s what Matthew Yglesias does in his Slate p
As he declared quasi-victory in Iowa following a third-place finish, Ron Paul puzzled cable news watchers across the country by proudly proclaiming, "We are all Austrians now."
The past several years have seen a revival of interest in the Austrian School of economics. (For some background on the Austrian School, read this essay and this essay.) I've assembled this resource list to help beginners embark on a program of self-
Since the 1940s, the Austrian School's intellectual home has been in the United States. "Today's active Austrian school," wrote Hayek in 1978, "almost exclusively in the United States, is really the followers of Mises, based on the tradition of Böhm-
Huffington Post blogger and commodities trader Michael Martin's new book, The Inner Voice of Trading: Eliminate the Noise and Profit From the Strategies That Are Right for You, takes a candid look at the psychology of successful trading, with an emph
The new bill in Congress, introduced in March by Rep. Ron Paul, would repeal the legal tender laws, prohibit taxation of certain coins and bullion, and clean up other sections of our coinage laws.
What I'd like to say to the rightly outraged folk who are occupying Wall Street, and to everyone who is fed up with being stolen from but, I think, doesn't quite understand how it is they're being stolen from or who is doing the stealing
Terrorism Is Not the Problem - Mass murder is, says Anthony Gregory. / The Power Elite and the Police State - Ed Vieira tells Anthony Wile how to oppose them. / What Ron Paul Was Like 30 Years Ago - Murray Rothbard on unchanging greatness. Article by
Readers of Freedom's Phoenix, Agorists, Voluntaryists and libertarian activists of all sorts should read closely research in economic history and comparative political economy.
Audio: Charles Goyette's presentation "WRECKONOMICS: While the People Sleep" Gold, monetary and fiscal policy, what the new Congress really will (and won't) do, and more! Plus hear about THE COMMITTEE TO SAVE THE WORLD!
And manages to misrepresent Austrian economics in general, the Austrian Theory of the Business Cycle in particular, and claims that Austrian economics is sweeping the GOP (?!?!?). All in 500 words!!
Austrians Do Not Call for Establishing a Gold Standard by Decree
Will establishment economist Paul Krugman accept the challenge?
The Daily Bell is pleased to present an exclusive interview with Peter J. Boettke
It all started a week ago. National Australia Bank, one of the largest in the country, had a technical malfunction in its core system.
See Paul Krugman debate Robert Murphy on Keynesian vs Austrian Business Cycle Theory! Moderated by Ezra Klein, or another moderator of mutual chossing. All proceeds (less The Point's 5% fee) will be donated to the Fresh Food Program
I think this was among the eye-opening videos I've seen. It draws together a lot of well-known events, and presents a clear clean solution for the People. The question is whether or not they will stop feeding the Beast that consumes them...We'll seeEntered By: Barry Hess
Peter J. Boettke a professor of economics at George Mason University is emerging as the intellectual standard-bearer for the Austrian school of economics that opposes government intervention in markets and decries federal spending.
If only there were a way to go back to the way things were...well there's not. The legs of the economic table have been kicked out from under it and it will hit the floor. We're just on the way down now....Entered By: Barry Hess
With the failure of Keynesian stimulus, the late Austrian economist's ideas on state power and crony capitalism are getting a new hearing.
Twice in one day, Paul Krugman brushes off the Austrians with quips that are easily handled by real experts. A full thread on all of this at Mises.org, including his claim that Austrians are self-hating Keynesians.
The line up reads like a day's listing on LewRockwell.com, including one Charles Goyette. The theme is - The Inflationary Path to Despotism. All this for 85 skins (including lunch). Not too shabby, I say. Not too shabby indeed.
Ron Paul is America's leading voice for limited constitutional government, low taxes, free markets, and a return to sound monetary policies. For more information visit the following sites: http://www.RonPaul.com http://www.CampaignForLiberty.
Ben the Clueless And that's Bernanke's best characteristic. Article by Charles Goyette.
I am of the free market persuasion in that people should be allowed to make up their own minds and have the freedom to be in the market as THEY wish - and not under the rubric of "but we know better" as the Keynesian believers as all Progressives are
The broken window theory is lost on the Consumer Electronics Assoc and Digital Tech Consulting: "They may have not been high-margin sales, but manufacturers and retailers received a welcomed boost from the converter-box market," stated the DTS presi
World War II was the era of John Maynard Keynes...The 1990s were the era of Milton Friedman...The next few years? They belong to Hayek.
Ludwig von Mises explained how government-induced credit expansions led to imbalances in the economy.