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{{MessageBox/Art Improvement}}
{{Ideology
|themecolor=#ee2436
|textcolor=#ffffff
|title=[[File:Austrobert.png]] '''Austrian School''' [[File:AustrianSchool.png]]
|image= AustrianLibertarianism2.png
|caption="The only fair is laissez-faire!"
|aliases={{
[[File:Austrobert.png]] Austrobert<br>▼
[[File:Austrobert.png]] Austrolibertarianism<br>
[[File:Austrobert.png]] Austrian Libertarianism<br>
▲[[File:Austrobert.png]] Austrobert<br>
[[File:Austrobert.png]] Österlibertarismus<br>
[[File:Mises.png]] Misesism<br>
[[File:Mises.png]] Misescube<br>
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Mengerball<br>
Austrosnek<br>
[[File:UtoLib.png]] Utopic Liberalism ([[File:Mises.png]] Misesianism, [[File:PNL(France).png]]
1 of the 12 Masters of National-liberalism (Same as above)<br>
[[File:UltraLib.png]] Ultraliberalism<br>
[[File:Utopian Capitalism.png]] Utopian Capitalism (Pejoratively)<br>
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[[File:Fisultracon.png]] Fiscal Ultraconservatism<br>
Armchair Capitalism (Pejoratively)<br>
[[File:Nihclib.png]] Nihilist Classical Liberalism (by Santiago Armesilla)<br>
}}
|alignments=
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[[File:Trustbust.png]] Anti-Corporatocracy<br>
[[File:Antiimp.png]] Anti-Imperialism<br>
[[File:AntiNazism.png]] Anti-Nazism<br>[[File:Antisoc.png]] Anti-Socialism<br>
[[File:Cap.png]] [[Capitalism]]<br>
[[File:Clib.png]] [[Classical Liberalism]]<br>
[[File:
[[File:Indiv.png]] {{PHB|Individualism}}<br>
[[File:Libertarian.png]] [[Libertarianism]]
</div>
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[[File:Reactlib-icon.png]] [[Reactionary Libertarianism]]
</div>
|school =
[[File:Distlib.png]] '''Distributist Libertarianism''' {{Collapse|
*[[File:Xbert.png]] [[Paleolibertarianism|Christian Libertarianism]]
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}}
|regional=
[[File:Istituto_Lib.png]] '''Istituto Liberale''' {{Collapse|
*[[File:Altliberalism-icon.png]] [[Alt-Lite]]
*[[File:Ancapf.png]] [[Anarcho-Capitalism]]
*[[File:Anticommunism.png]] {{PCBA|Anti-Communism}}
*[[File:Anti-Marx.png]] Anti-Marxism
*[[File:Antisoc.png]] Anti-Socialism
*[[File:Atlanticism.png]] [[Neoconservatism|Atlanticism]]
*[[File:Chilib.png]] [[Chicago School]]
*[[File:Ted Kaczynski.png]] <s>[[Neoluddism|Kaczynskism]]</s><ref>https://www.instagram.com/p/C-PMUXMon1J/?igsh=eTM0cTV3a3owMzNw</ref>
*[[File:Lfree.png]] [[Capitalism|Laissez-Faire Capitalism]]
*[[File:Milei.png]] [[Right-Wing Populism|Mileism]]
*[[File:Nlibmin.png]] {{PCBA|Minarcho-Neoliberalism}}
*[[File:Mises.png]] [[Classical Liberalism|Misesism]]
*[[File:ElonMusk.png]] [[Capitalist Transhumanism#Muskism|Muskism]] (Sympathetic)
*[[File:Ukrainophilia.png]] Pro-Ukrainian Sentiment
*[[File:Property.png]] [[Propertarianism]]
*[[File:Reagan.png]] [[Neoconservatism|Reaganism]]
*[[File:Murray N Rothbard.png]] [[Anarcho-Capitalism|Rothbardianism]]
*[[File:Thatcher.png]] [[Conservative Liberalism|Thatcherism]]
}}
[[File:TIKH.png]] '''TIKHistory''' {{Collapse|
*[[File:AntiDem.png]] Anti-Democracy
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*[[File:Anti-Marx.png]] Anti-Marxism
*[[File:Antisoc.png]] Anti-Socialism
*[[File:CappyPop.png]] [[Right-Wing Populism|Capitalist Populism]]
*[[File:Econlib.png]] [[Fiscal Conservatism|Economic Liberalism]]
*[[File:Ethego.png]] [[mh:philosophyball:Ethical Egoism|Ethical Egoism]]
*[[File:
*[[File:Materialism.png]] [[mh:philosophyball:Materialism|Materialism]]
*[[File:Obj.png]] [[Objectivism]]
*[[File:Popper.png]] [[mh:philosophyball:Popperism|Popperism]]
*[[File:Pseudohistory.png]] [[Kakistocracy|Pseudohistory]] (Accused)
*[[File:Volu.png]] [[Anarcho-Capitalism|Voluntaryism]]
}}
|personal=
[[File:Mises.png]] '''Misesism''' {{Collapse|
*[[File:AntiEquality.png]] Anti-Egalitarianism
*[[File:Anti-Positivism.png]] Anti-Positivism
*[[File:AntiRacism.png]] Anti-Racism
*[[File:AusFash.png]] <s>[[Austrofascism]]</s>
*[[File:Clib.png]] [[Classical Liberalism]]
*[[File:GoldStandard.png]] Gold Standard
*[[File:Kant.png]] {{PHB|Kantianism}}
*[[File:Pseudoscience.png]] [[Kakistocracy|Pseudoscience]] (Accused)
*[[File:Utility.png]] {{PHB|Utilitarianism}}
}}
[[File:BPF-icon.png]] '''Romanchukism''' {{Collapse|
*[[File:Atlanticism.png]] [[Neoconservatism|Atlanticism]]
*[[File:Fiscon.png]] [[Fiscal Conservatism|Austerity]]
*[[File:GRights.png]] Gun Rights Advocacy
*[[File:Libertarian.png]] [[Libertarianism]]
*[[File:Minarchist.png]] [[Minarchism]]
*[[File:Mises.png]] [[Classical Liberalism|Misesism]]
*[[File:Nalib.png]] [[National Liberalism]]
*[[File:Ukrainophilia.png]] Pro-Ukrainian Sentiment
*[[File:Right Reformism.png]] [[Reformism|Right Reformism]]
*'''Historically:'''
**[[File:Libconserv3.png]] [[Liberal Conservatism]]
}}
|song=<div style="overflow:auto; height:auto; max-height:200px; background:transparent;">
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|theorists=
[[File:PanAmer.png]] '''Americas''' {{Collapse|
*[[File:Mediastocracy_flair.png]] [[Mediacracy|Henry Hazlitt]] (1894-1993) [[File:Cball-US.png]] {{PBW|USAball|USA}}
*[[File:Murray_N_Rothbard.png]] [[Anarcho-Capitalism|Murray Rothbard]] (1926-1995) [[File:Cball-US.png]] {{PBW|USAball|USA}}
*[[File:RonPaul.png]] [[Libertarian Conservatism|Ronald Ernest Paul]] (1935-) [[File:Cball-US.png]] {{PBW|USAball|USA}}
*[[File:Block.png]] [[Anarcho-Capitalism|Walter Block]] (1941-) [[File:Cball-US.png]] {{PBW|USAball|USA}}
*[[File:Austrobert.png]] [[Hayekism|Peter Boetke]] (1960-) [[File:Cball-US.png]] {{PBW|USAball|USA}}
*[[File:
*[[File:
*[[File:
*[[File:
*[[File:Kogos.png]] [[Reactionary Libertarianism|Paulo Kogos]] (1986-) [[File:Cball-Brazil.png]] {{PBW|Brazilball|Brazil}}
*[[File:Paleoaltr.png]] [[Paleolibertarianism|Jeff Deist]] (?-) [[File:Cball-US.png]] {{PBW|USAball|USA}}
}}
[[File:Cball-EU.png]] '''Europe''' {{Collapse|
*Carl Menger (1840-1921) [[File:Cball-AustriaHungary.png]] Austria-Hungary/[[File:Cball-Austria.png]] {{PBW|Austriaball|Austria}}
*Eugen von Bohm-Bawerk (1851-1914) [[File:Cball-AustriaHungary.png]] Austria-{{PBW|Hungaryball|Hungary}}
*[[File:Mises.png]] [[Classical Liberalism|Ludwig von Mises]] (1881-1973) [[File:Cball-AustriaHungary.png]] Austria-{{PBW|Hungaryball|Hungary}}
*[[File:Schumpeter.png]] [[Oligarchy|Joseph Schumpeter]] (1883-1950)
*[[File:
*[[File:
*[[File:
}}
[[File:PanAsian.png]] '''Asia''' {{Collapse|
*[[File:Dengf.png]] [[Classical Liberalism|Zhang Weiying]] (1959-) [[File:Cball-China.png]]
}}
|likes=<div style="overflow:auto; height:auto; max-height:200px; background:transparent;">
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</div>
}}
<blockquote>''This page covers the Austrian School in terms of politics. For a page on Austrian School from a philosophical perspective, see the [[File:Philosophyball_icon.png]] {{PHB|Austrian School|Philosophyball Page}}''</blockquote>
{{Quote|
quote="If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action."
|speaker=[[File:Mises.png]] [[Classical Liberalism|Ludwig von Mises]]
}}
The '''Austrian School''', though not an actual political ideology
Philosophically, it is important to note that Mises' concept of praxeology as his methodology for the study of economic theory, stems from the [[File:Kant.png]] kantian idea of the existence of synthetic a priori truths (that is, truths that can be deduced a priori but that require more than the use of formal logic), contrary to empiricism, which claims that the only synthetic truths that exist are discovered through a posteriori experience.
From this epistemological pre-supposition about the nature of knowledge, follows that economics studies can't be done by empirical methods due to it being a social science and not a hard science, making precise economic measurements completely impossible, and thus economics theory can only be studied a priori deducted from the "action axiom".
This, however, does not mean that it completely rejects [[File:Empiricism.png]] empiricism
==History==
==Tenets==
The Austrian-American economist Fritz Machlup has distinguished six general principles
===Methodological [[File:Indiv.png]] Individualism===
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===Methodological Subjectivism===
Methodological Subjectivism is the principle that economic phenomena are generally to be explained through the subjective
===Tastes and Preferences===
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===Opportunity Cost===
Opportunity cost is the cost of any activity measured in terms of the value of the next best alternative foregone (that is not chosen). It is the sacrifice related to the second
===Marginalism===
Marginalism is an economic theory that states that the value of a determined good is the value of its subjectively least valuable use. Thus, the marginal value (of the next unit of the good in question to be acquired) decreases as the most valuable uses for the good are satisfied, or the opposite happens as one's stock of a good decreases, as one forgoes the least valuable uses for a good firstly upon losing a certain amount of such good.<br>Consequently, in all economic designs, the values, costs, revenues, productivity, and so on are determined by the significance of the last unit added to or subtracted from the total stock.
===Time Structure===
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[[File:Distributist libert flag.svg|thumb|220px|Flag of Distributist Libertarianism]]
'''Distributist Libertarianism''' (also known as '''Southern Distributism''') is an economically
==How to Draw==
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#Draw a ball
#Separate the ball into 3 equal horizontal bars (a tricolor), with the top and bottom being pinkish-red, and the middle one being white
#Draw
#Add green grass below the snake
#Lower below, add some variation of the quote ''"DON'T TREAD ON ME"'', like ''"no step on snek"''
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==Relationships==
Austrobert's behavior is based on one of the stereotype of Mises, calling everyone a socialist (
===True Capitalists===
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===Commie Sympathyzers===
*[[File:Plcn2.png]] [[Paleoconservatism]] - He used to be a cool guy back in the day, but now he's a protectionist that doesn't value free trade, also too statist.
*[[File:Dengf.png]] [[Dengism]] -
*[[File:Fash.png]] [[Fascism]] - "It cannot be denied that Fascism and similar movements aiming at the establishment of dictatorships are full of the best intentions and that their intervention has, for the moment, saved European civilization. The merit that Fascism has thereby won for itself will live on eternally in history. But though its policy has brought salvation for the moment, it is not of the kind which could promise continued success. Fascism was an emergency makeshift. To view it as something more would be a fatal error."
*[[File:AusFash.png]] [[Austrofascism]] - My fascist twin. <s>Thanks for choosing me as your main economic advisor.</s>
*[[File:Nazcap-Hat.png]] [[National Capitalism]] - My beloved son, loves laissez-faire economy. [[w:Ludwig_von_Mises#Early_life|BUT WHY WOULD HATE THE JEWS?]] [[w:Murray_Rothbard#Education|JEWS ARE THE BEST AUSTRIAN ECONOMIST!]]
*[[File:Reactlib.png]] [[Reactionary Liberalism]] - Erik Von Kuehnelt-Leddinh and Vilfredo Pareto are based though you take too many steroids [[File:Natlib-steroids.png]].
*[[File:PNL(France).png]] [[Reactionary Liberalism#France|Clock Crossroad]] - That's what I'm talking about, besides we have a Frenemieship: he calls me utopic and essentially cosmopolitist but I'm also a great inspiration for him in the economic field.
*[[File:EndecjaPix.png]] [[National Democracy]] - Paleocon, but Polish. Roman Rybarski and Adam Heydel are pretty based at least.
*[[File:Neoliberal-icon.png]] [[Neoliberalism]] & [[File:Orlib.png]] [[Ordo-Liberalism]] - Stop granting legitimization to socialism.
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===SOCIALISTS!!!!!===
*[[File:Austrmarx.png]] [[Austromarxism]] - My evil commie twin.
*[[File:
*[[File:Keynes.png]] [[Keynesian School]] - I cannot stand him, he doesn't understand simple economics! End the fed.
*[[File:Nazi.png]] [[Nazism]] - I hate this statist prick. The best Austrian economists are Jews, and he hates them!
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*[[File:Soc-h.png]] [[Socialism]] - Age old enemy. <s>STOP CALLING ME A [[File:Misestard.png]] MISESTARD!!!</s>
*[[File:Marketsoc.png]] [[Market Socialism]] - So this is how they're trying to save socialism, huh? Too bad it still won't work.
**[[File:Marketsoc.png|link=Market Socialism]] - [[File:LBubble.png]]Wouldn’t it be ironic if my tactics are the only thing [https://www.forbes.com/sites/christophermarquis/2022/08/25/can-employee-ownership-save-capitalism/amp/ that can save capitalism?][[File:RBubble.png]]
*[[File:Cybercom.png]] [[Cybercommunism]] - AI won't solve the ECP, commie!
*[[File:Regulationism.png]] [[Regulationism]] - Don't tread on me, statist trash!
*[[File:Soccap.png]] [[Social Capitalism]], [[File:Soclib.png]] [[Social Liberalism]] & [[File:Socdem.png]] [[Social Democracy]] - All socialists wearing capitalist masks!
**[[File:Welf.png]] - [[File:LBubble.png]]Do I just not exist or…?[[File:RBubble.png]]
*[[File:Ottoman.png]] [[Neo-Ottomanism]] - Your interest rate policy is an absolute disaster.
*[[File:3way.png]] [[Third Way]] - Your policy will never provide a "third way" between capitalism and socialism.
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*[https://cdn.mises.org/principles_of_economics.pdf Principles of Economics] by Carl Menger
*[https://mises.org/wire/forgotten-greatness-rothbards-preface-theory-and-history The Forgotten Greatness of Rothbard's Preface to ''Theory and History''] by George Pickering
=== Critiques ===
* [http://socialdemocracy21stcentury.blogspot.com/p/eventually-i-will-write-full-series-of.html Debunking Austrian Economics 101 (Updated)]
===Wikipedia===
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*[https://www.youtube.com/watch?v=vZypHdh2SrU&feature=youtu.be Human Action] by [https://www.youtube.com/channel/UC_LhqfIJaMIuK-727-N4cDQ Fundacja Wolności i Przedsiębiorczości]
*https://youtu.be/lWw1JUQ_1qE
*[https://www.youtube.com/watch?v=R0qzmgRozL0 Austrian vs. Chicago economics] by [[File:Reason.png]] [[Libertarianism|ReasonTV]]
====Channels====
*[https://youtube.com/user/lucretiuscaro jorge antonio soler sanz]
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{{Navbox/Libertarians}}
{{Navbox/Capitalists}}
[[Category:Reactionary]]
[[Category:Economic Systems]]
[[Category:Cultural_Center]]
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