View Poll Results: Who has the authority to define Austrian economics?

Voters
1. You may not vote on this poll
  • T. Mosley

    0 0%
  • Ludwig von Mises

    1 100.00%
Results 1 to 2 of 2

Thread: Who has the authority to define Austrian economics?

  1. #1

    Default Who has the authority to define Austrian economics?

    Quote Originally Posted by tmosley View Post
    Austrian economics is based off of observations (ie empiricism) of human behavior for several hundred years. Based off of those observations, it is possible to make certain predictions as to what the result of similar behavior today will be. From that same empiricism, it is possible to construct a logical framework which can be used to explain most or all human social behavior and decision making, and what effect any number of events might have on such decisions.

    Certain axioms might also become apparent during such study.
    In sharp contrast, Ludwig von Mises (1949) writes:

    Quote Originally Posted by Ludwig von Mises
    Praxeology is a theoretical and systematic, not a historical, science. Its scope is human action as such, irrespective of all environmental, accidental, and individual circumstances of the concrete acts. Its cognition is purely formal and general without reference to the material content and the particular features of the actual case. It aims at knowledge valid for all instances in which the conditions exactly correspond to those implied in its assumptions and inferences. Its statements and propositions are not derived from experience. They are, like those of logic and mathematics, a priori. They are not subject to verification or falsification on the ground of experience and facts. They are both logically and temporally antecedent to any comprehension of historical facts. They are a necessary requirement of any intellectual grasp of historical events. Without them we should not be able to see in the course of events anything else than kaleidoscopic change and chaotic muddle.



  2. Remove this section of ads by registering.
  3. #2

    Default

    + Any form of antagonizing other members is not allowed by non-established members.

    + Insulting or personally attacking other users is not allowed by any member. There is very little tolerance for violations, particular for new members. Reason: Insults lead to relational which often result in disruption, which dilute the resources of members and the intent of the forum.


    SOURCE


    I'm closing this thread.
    ================
    Open Borders: A Libertarian Reappraisal or why only dumbasses and cultural marxists are for it.

    The Property Basis of Rights






Similar Threads

  1. Replies: 1
    Last Post: 03-19-2016, 06:19 PM
  2. Need help refuting argument comparing Austrian Economics to trickle down economics
    By raanderson20 in forum Austrian Economics / Economic Theory
    Replies: 21
    Last Post: 11-02-2011, 12:58 PM
  3. How do Austrian Economists define the state?
    By ClayTrainor in forum Austrian Economics / Economic Theory
    Replies: 3
    Last Post: 10-30-2011, 11:06 PM
  4. In 5 seconds define what sets apart Austrian economics.
    By phill4paul in forum Austrian Economics / Economic Theory
    Replies: 9
    Last Post: 01-30-2009, 11:44 AM
  5. Austrian Economics (Ron Paul) vs. Bernanke's Economics, great article
    By tsetsefly in forum Austrian Economics / Economic Theory
    Replies: 12
    Last Post: 12-14-2007, 04:48 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •