#ludwigvonmises — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #ludwigvonmises, aggregated by home.social.
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Grove City College: Online Mises archive is boon to Austrian School scholars. “The 20,000-page archive has yielded a raft of academic papers, journal articles, books, and more in the decades since, but only for scholars who could make the pilgrimage to the College and put in the hours and days necessary to study [Ludwig] Mises’ letters, manuscripts, monographs, and notes in person. But that […]
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Why Socialism Fails: A Misesian Perspective - Socialism, despite its promises of equality and social welfare, inherently fails d... - https://news.bitcoin.com/why-socialism-fails-a-misesian-perspective/ #centralizedplanning #economiccalculation #learningandinsights #resourceallocation #economicfailure #economictheory #ludwigvonmises #misallocation #marketprices #economics #socialism
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Austrian economics (or the Austrian school of economics) is #libertarian #philosophy masquerading as a school of economic thought. This school is notable for its lack of formal mathematical modeling and empirical testing. Among its more unusual traits, the Austrian school draws its conclusions based on deduction and thought experiments, rather than data. In place of the conventional tools of science, the Austrian School favors a narrative approach called "praxeology". Despite its shortcomings, some less nutty features of the Austrian School have leaked into mainstream economics while the more nutty have found a home at libertarian think tanks (Cato Institute and Ludwig von Mises Institute).
#RationalWiki #economics #AustrianEconomics #praxeology #catoinstitute #ludwigvonmises #capitalism
https://rationalwiki.org/wiki/Austrian_school