Philosophy and Methodology

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Let's Teach Communism

Legal SystemU.S. HistoryPhilosophy and Methodology

Blog01/15/2018
Frank Chodorov was doubtful that communist economics could stand up to any sort of serious analysis.
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Mises's Élan Vital

EducationPhilosophy and MethodologyPraxeology

Blog01/03/2018
For Mises, human volition trumped fate.
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How Expectations Coordinate Markets

Calculation and KnowledgePhilosophy and Methodology

Blog01/02/2018
But when prices change today, what are they telling the various and relevant market participants about what it suggests will be the situation tomorrow?
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Mises Explains What Motivates Human Action

Philosophy and MethodologyPraxeology

Blog01/01/2018
Mises understood that human history is not governed by fate and pre-determined ends, but by individual human actions with diverse motivations.
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A David Gordon Anthology

Austrian Economics OverviewPhilosophy and Methodology

Blog12/22/2017
David is one of the very few reviewers whose writings I can read with profit years after they were first printed.
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Entrepreneurship: Kirzner vs. Mises

EntrepreneurshipHistory of the Austrian School of EconomicsPhilosophy and Methodology

Blog12/12/2017
Mises conceives of the entrepreneur as the uncertainty-bearer. For Kirzner, entrepreneurship becomes reduced to the quality of alertness.
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How Ludwig von Mises Studied History

Philosophy and Methodology

Blog11/30/2017
While economics is concerned with purposeful action, history is different, and the historian asks why certain actions were undertaken.
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Mises as Social Rationalist Pt VI: Social Evolution as Ideological Struggle

Calculation and KnowledgeHistory of the Austrian School of EconomicsPhilosophy and MethodologyPraxeology

Blog10/31/2017
The course of social evolution and the fortunes of humanity are inextricably bound up with the fortunes of the ongoing ideological struggle.
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Mises as Social Rationalist Pt V: The Problem of Socialism: Calculation or Knowledge?

Calculation and KnowledgeHistory of the Austrian School of EconomicsPhilosophy and MethodologyPraxeology

Blog10/30/2017
Mises's critique of the possibility of socialism is not about knowledge but about calculation.
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Mises as Social Rationalist Pt IV: Use of Calculation versus Use of Knowledge: The Social Function of Prices

Calculation and KnowledgeHistory of the Austrian School of EconomicsPhilosophy and MethodologyPraxeology

Blog10/28/2017
Economic calculation itself is not the means of acquiring knowledge, but the very prerequisite of rational action within society.
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