Praxeology and Hostile Action

Praxeology according to Mises Ludwig von Mises saw praxeology — “the general theory of human action” — as the foundation of proper economic reasoning. Starting from the self-evident fact that men “act” so as to substitute more satisfactory states of affairs for those now existing, he believed he could build the basic toolkit of economic science by working deductively from ... [click for more]

Economic Ideas: Plato, Aristotle, and the Ancient Greeks, Part 1

The ancient Greeks left a wealth of knowledge through their surviving writings on a wide variety of themes, including science, logic, philosophy, literature, and the arts. In addition, the city-state of Athens is considered the birthplace of intellectual freedom and democracy – lasting legacies that helped to mold the ideas that have influenced the development of ... [click for more]

Austrian Economics & Public Policy

The following is the introduction to FFF’s newest ebook, Austrian Economics & Public Policy: Restoring Freedom and Prosperity by Richard Ebeling. (But it on Amazon for $4.99.) The ebook is being launched in conjunction with a new 9-part video series entitled An Introduction to Austrian Economics by Richard Ebeling. Watch part 1 [click for more]

The Economist Who Saw the Future

Hans Sennholz (1922–2007) was a professor of economics and a student of Ludwig von Mises while at NYU. He was an intrepid critic of government deficits: If we cannot return to fiscal integrity because the public prefers prodigality over balanced budgets, we cannot escape paying the price, which is ever lower incomes and standards of living for all. The pains ... [click for more]
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