A recent trip to Santa Monica, California, provided me with a clear explanation of why Californians, despite all their wealth, talent, and resourcefulness, have the energy supply system of a Third World country. Like so many tiny Latin American dictatorships, or the outer provinces of India, Californians can no longer rely on a steady supply of
A rigorous application of methodological individualism is perhaps what most separates the Austrian and Public Choice schools from most others. The idea that the individual should be the unit of analysis has spared public choice and Austrian economists from many of the mistakes of what might be called collectivist economics. The Austrians, for
[Extraído de The Subjectivist Roots of James Buchanan’s Economics (1990)] Tal vez la aplicación del individualismo metodológico sea lo que más separa a las escuelas austriaca y de la elección pública de la mayoría de las demás. La idea de que el individuo deba ser la unidad de análisis ha alejado los economistas austriacos y de la elección pública
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.