It isn’t a good argument against Austrian economics that someone might come up with a science that made better predictions. You have to show us the science, so that it can be compared with praxeology. Suffice it to say that this hasn’t been done.
Human beings do not exist to be pawns in a game of lockdowns and collective action.
Thomas Kuhn influenced Rothbard by demolishing the notion that the history of science is one of continual progress. The truth is that once a paradigm becomes established, its basic tenets are not questioned at all until major problems crop up.
GDP is fine for counting things like washing machines. But it is quite useless for counting other basic indicators of the quality of life.
Some argue that praxeology's deductions should be formalized using mathematical logic, but such an approach would be inappropriate for human action, whose axioms are known.
GDP is fine for counting things like washing machines. But it is quite useless for counting other basic indicators of the quality of life.
Ludwig von Mises and Ayn Rand held very different views about the origins of Nazism, and in this article I am going to describe these differences. Both involve German philosophical ideas.
Narrated by Paul Strikwerda.
