Forty years ago, during the week of June 15-22, 1974, the Austrian School of Economics was reborn during a conference in the small New England town of South Royalton, Vermont. Why was this important?
The Austrian school of economics is a school of economic thought that emphasizes the importance of individual human action and free markets in economic decision-making. It has its origins in late 19th ...
The fundamental principles of economics are based on human nature and do not change regardless of how they are interpreted. People behave certain ways on an individual and societal level based on the ...
Over 50 years ago, economist William Baumol noted that economics was a theory of the economy that left no place for entrepreneurship. Economic models, simply put, were “entrepreneur-less.” Economics ...
The Austrian school of economics is appreciated by many free market advocates, but it’s really an approach to economics rather than a set of conclusions. Many of the insights from Austrian economics ...
Soho Forum Director Gene Epstein and Chicago school economist David Friedman debate the resolution, "The Austrian economics of Mises and Rothbard contains economic intuitions that are important, ...
Austrian School economists distrust empirical economics, a skepticism that is partially warranted, partially unwarranted. The Austrian insights are helpful for business planning, even though I don’t ...
Moreover, Bitcoin has become a store of value for many individuals who see it as a hedge against fiat currency devaluation. Its decentralized nature and limited supply have led some to view it as ...
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