Austrian economics puts forth the axiom of human action—a nonfalsifiable, self-evident truth. From this axiom, it derives logical conclusions—truths—about individual human behavior, social order, and cooperation, i.e., markets. The conclusions drawn by this logical analysis are such that the optimal allocation of resources, the optimal modes of
Ryan McMaken wrote an excellent piece recently, explaining “3 Reasons the Left Keeps Winning.” The article was short and sweet, but its points were profound and insightful. The first two reasons McMaken gave for the victory of the Left are, one could say, fraternal twins: “The Left Understands the Importance of Ideas and Ideologies” and “The Left
La economía austriaca presenta el axioma de la acción humana, una verdad no falsificable y «evidente». De este axioma, se derivan conclusiones lógicas —verdades— sobre el comportamiento humano individual, el orden social y la cooperación, es decir, los mercados. Las conclusiones que se extraen de este análisis lógico son tales que la asignación
Ryan McMaken escribió un excelente artículo recientemente, explicando «3 razones por las que la izquierda sigue ganando». El artículo era corto y dulce, pero sus puntos eran profundos y perspicaces. Las dos primeras razones que McMaken dio para la victoria de la Izquierda son, se podría decir, gemelas fraternales: «La Izquierda entiende la
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.