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    Austrian School: Difference between revisions

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    {{MessageBox/Art Improvement}}
    {{Ideology
    {{Ideology
    |themecolor=#ee2436
    |themecolor=#ee2436
    |textcolor=#ffffff
    |textcolor=#ffffff
    |title=[[File:Austrobert.png]] Austrian School [[File:AustrianSchool.png]]
    |title=[[File:Austrobert.png]] '''Austrian School''' [[File:AustrianSchool.png]]
    |image=AustrianLibertarianism2.png
    |image= AustrianLibertarianism2.png
    |caption="The only fair is laissez-faire!"
    |caption="The only fair is laissez-faire!"
    |aliases={{Collapse|
    |aliases={{ScrollBox|
    [[File:Austrobert.png]] Austrobert<br>
    [[File:Austrobert.png]] Austrolibertarianism<br>
    [[File:Austrobert.png]] Austrolibertarianism<br>
    [[File:Austrobert.png]] Austrian Libertarianism<br>
    [[File:Austrobert.png]] Austrian Libertarianism<br>
    [[File:Austrobert.png]] Austrobert<br>
    [[File:Austrobert.png]] Österlibertarismus<br>
    [[File:Austrobert.png]] Österlibertarismus<br>
    Austrianism<br>
    [[File:Mises.png]] Misesism<br>
    [[File:Mises.png]] Misesism<br>
    [[File:Mises.png]] Misescube<br>
    [[File:Mises.png]] Misescube<br>
    Line 17: Line 17:
    Mengerball<br>
    Mengerball<br>
    Austrosnek<br>
    Austrosnek<br>
    [[File:UtoLib.png]] Utopic Liberalism ([[File:Mises.png]] Misesianism, [[File:PNL(France).png]] Henry de Lesquen)<br>
    [[File:UtoLib.png]] Utopic Liberalism ([[File:Mises.png]] Misesianism, [[File:PNL(France).png]] Clock Crossroad)<br>
    1 of the 12 Masters of National-liberalism (Same as above)<br>
    [[File:UltraLib.png]] Ultraliberalism<br>
    [[File:UltraLib.png]] Ultraliberalism<br>
    [[File:Utopian Capitalism.png]] Utopian Capitalism (Pejoratively)<br>
    [[File:Utopian Capitalism.png]] Utopian Capitalism (Pejoratively)<br>
    Line 25: Line 26:
    [[File:Fisultracon.png]] Fiscal Ultraconservatism<br>
    [[File:Fisultracon.png]] Fiscal Ultraconservatism<br>
    Armchair Capitalism (Pejoratively)<br>
    Armchair Capitalism (Pejoratively)<br>
    Nihilist Classical Liberalism (by Santiago Armesilla)
    [[File:Nihclib.png]] Nihilist Classical Liberalism (by Santiago Armesilla)<br>
    }}
    }}
    |alignments=
    |alignments=
    Line 37: Line 38:
    [[File:Trustbust.png]] Anti-Corporatocracy<br>
    [[File:Trustbust.png]] Anti-Corporatocracy<br>
    [[File:Antiimp.png]] Anti-Imperialism<br>
    [[File:Antiimp.png]] Anti-Imperialism<br>
    [[File:AntiNazism.png]] Anti-Nazism<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:Clib.png]] [[Classical Liberalism]]<br>
    [[File:Indiv.png]] Individualism <br>
    [[File:Enlightenment.png]] [[Enlightenment Thought]]<br>
    [[File:Indiv.png]] {{PHB|Individualism}}<br>
    [[File:Libertarian.png]] [[Libertarianism]]
    [[File:Libertarian.png]] [[Libertarianism]]
    </div>
    </div>
    Line 56: Line 59:
    [[File:Reactlib-icon.png]] [[Reactionary Libertarianism]]
    [[File:Reactlib-icon.png]] [[Reactionary Libertarianism]]
    </div>
    </div>
    |school =
    |variants=
    [[File:Distlib.png]] '''Distributist Libertarianism''' {{Collapse|
    [[File:Distlib.png]] '''Distributist Libertarianism''' {{Collapse|
    *[[File:Xbert.png]] [[Paleolibertarianism|Christian Libertarianism]]
    *[[File:Xbert.png]] [[Paleolibertarianism|Christian Libertarianism]]
    Line 62: Line 65:
    }}
    }}
    |regional=
    |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:TIKH.png]] '''TIKHistory''' {{Collapse|
    *[[File:AntiDem.png]] Anti-Democracy
    *[[File:AntiDem.png]] Anti-Democracy
    Line 67: Line 90:
    *[[File:Anti-Marx.png]] Anti-Marxism
    *[[File:Anti-Marx.png]] Anti-Marxism
    *[[File:Antisoc.png]] Anti-Socialism
    *[[File:Antisoc.png]] Anti-Socialism
    *[[File:CappyPop.png]] [[Right-Wing Populism|Capitalist Populism]]
    *[[File:Econlib.png]] [[Fiscal Conservatism|Economic Liberalism]]
    *[[File:Econlib.png]] [[Fiscal Conservatism|Economic Liberalism]]
    *[[File:Ethego.png]] Ethical Egoism
    *[[File:Ethego.png]] [[mh:philosophyball:Ethical Egoism|Ethical Egoism]]
    *[[File:Materialism.png]] Materialism
    *[[File:Local.png]] [[Localism]]
    *[[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:Pseudohistory.png]] [[Kakistocracy|Pseudohistory]] (Accused)
    *[[File:Volu.png]] [[Anarcho-Capitalism|Voluntaryism]]
    *[[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;">
    |song=<div style="overflow:auto; height:auto; max-height:200px; background:transparent;">
    Line 79: Line 131:
    |theorists=
    |theorists=
    [[File:PanAmer.png]] '''Americas''' {{Collapse|
    [[File:PanAmer.png]] '''Americas''' {{Collapse|
    *[[File:Mediastocracy_flair.png]] [[Mediacracy|Henry Hazlitt]] (1894-1993) [[File:Cball-US.png]] USA
    *[[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]] 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]] 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]] 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]] USA
    *[[File:Austrobert.png]] [[Hayekism|Peter Boetke]] (1960-) [[File:Cball-US.png]] {{PBW|USAball|USA}}
    *[[File:Milei.png]] [[Hayekism|Javier Milei]] (1970-) [[File:Cball-Argentina.png]] Argentina
    *[[File:LeftRothbardianismPix.png]] [[Left-Rothbardianism|Roderick T. Long]] (1964-) [[File:Cball-US.png]] {{PBW|USAball|USA}}
    *[[File:Clib.png]] [[Classical Liberalism|Axel Kaiser]] (1981-) [[File:Cball-Chile.png]] Chile
    *[[File:Milei.png]] [[Minarchism|Javier Milei]] (1970-) [[File:Cball-Argentina.png]] {{PBW|Argentinaball|Argentina}}
    *[[File:Agorismf.png]] [[Agorism|Ross Ulbricht]] (1984-) [[File:Cball-US.png]] USA
    *[[File:Clib.png]] [[Classical Liberalism|Axel Kaiser]] (1981-) [[File:Cball-Chile.png]] {{PBW|Chileball|Chile}}
    *[[File:Paleoaltr.png]] [[Paleolibertarianism|Jeff Deist]] (?-) [[File:Cball-US.png]] USA
    *[[File:Agorismf.png]] [[Agorism|Ross Ulbricht]] (1984-) [[File:Cball-US.png]] {{PBW|USAball|USA}}
    *[[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|
    [[File:Cball-EU.png]] '''Europe''' {{Collapse|
    *Carl Menger (1840-1921) [[File:Cball-AustriaHungary.png]] Austria-Hungary/[[File:Cball-Austria.png]] Austria
    *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-Hungary
    *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-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:Schumpeter.png]] [[Oligarchy|Joseph Schumpeter]] (1883-1950)
    *[[File:Hoppef.png]] [[Hoppeanism|Hans-Hermann Hoppe]] (1949-) [[File:Cball-Germany.png]] Germany
    *[[File:FriedrichHayek.png]] [[Hayekism|Friedrich Hayek]] (1889-1992) [[File:Cball-Austria.png|link=pb:Austriaball|Austria]]/[[File:Cball-UK.png|link=pb:UKball|United Kingdom]]
    *[[File:FriedrichHayek.png]] [[Hayekism|Friedrich Hayek]] (1889-1992) [[File:Cball-Austria.png]] Austria/[[File:Cball-UK.png]] UK
    *[[File:LiberMon.png]] [[Libertarian Monarchism|Mateusz Machaj]] (1981-) [[File:Polandball.png|link=pb:Polandball|Poland]] {{PBW|Polandball|Poland}}
    *[[File:LiberMon.png]] [[Libertarian Monarchism|Mateusz Machaj]] (1981-) [[File:Polandball.png]] Poland
    *[[File:Hoppef.png]] [[Hoppeanism|Hans-Hermann Hoppe]] (1949-) [[File:Cball-Germany.png|link=pb:Germanyball|Germany]]
    }}
    [[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;">
    |likes=<div style="overflow:auto; height:auto; max-height:200px; background:transparent;">
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    </div>
    </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|
    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."
    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]]
    |speaker=[[File:Mises.png]] [[Classical Liberalism|Ludwig von Mises]]
    }}
    }}
    The '''Austrian School''', though not an actual political ideology and rather a school of economic theory, has been greatly influential among libertarian circles. It may be taken as the political ideology usually adhered to by those who follow this school of economics, given rise to the term '''Austrolibertarianism''' shortened to '''Austrobert'''. Thus, as a political ideology, it usually takes form as libertarian, economically laissez-faire, and culturally variable but usually leaning right.
    The '''Austrian School''', though not an actual political ideology but rather a school of economic theory, has been greatly influential among libertarian circles. It may be taken as the political ideology usually adhered to by those who follow this school of economics, giving rise to the term '''Austrolibertarianism''' shortened to '''Austrobert'''. Thus, as a political ideology, it usually takes form as libertarian, economically laissez-faire, and culturally variable but usually leaning right.


    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.
    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".
    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 on the area of economics. It makes a distinction between economic theory and economic history, believing that it is perfectly possible to accurately back claims about economic history with empirical evidence, but rather that these claims are useless in order to prove or disprove any claim in the realm of economic theory, simply exemplifying it.
    This, however, does not mean that it completely rejects [[File:Empiricism.png]] empiricism in the area of economics. It makes a distinction between economic theory and economic history, believing that it is perfectly possible to accurately back claims about economic history with empirical evidence, but rather that these claims are useless in order to prove or disprove any claim in the realm of economic theory, simply exemplifying it.


    ==History==
    ==History==


    ==Tenets==
    ==Tenets==
    The Austrian-American economist Fritz Machlup has distinguished six general principles which distinguish the methodology of the Austrian school of economics, as well as two additional principles which together with the methodological principles conform the politics of Austrolibertarianism.<ref>[https://mises.org/library/ludwig-von-mises-scholar-who-would-not-compromise Ludwig von Mises: A Scholar Who Would not Compromise] by Fritz Machlup</ref>
    The Austrian-American economist Fritz Machlup has distinguished six general principles that distinguish the methodology of the Austrian school of economics, as well as two additional principles which together with the methodological principles conform to the politics of Austrolibertarianism.<ref>[https://mises.org/library/ludwig-von-mises-scholar-who-would-not-compromise Ludwig von Mises: A Scholar Who Would not Compromise] by Fritz Machlup</ref>


    ===Methodological [[File:Indiv.png]] Individualism===
    ===Methodological [[File:Indiv.png]] Individualism===
    Line 133: Line 191:


    ===Methodological Subjectivism===
    ===Methodological Subjectivism===
    Methodological Subjectivism is the principle that economic phenomena are generally to be explained through the subjective judgements made by different economic actors, taking into account that each one seeks to maximize their utility, usually through maximizing their monetary revenue.
    Methodological Subjectivism is the principle that economic phenomena are generally to be explained through the subjective judgments made by different economic actors, taking into account that each one seeks to maximize their utility, usually through maximizing their monetary revenue.


    ===Tastes and Preferences===
    ===Tastes and Preferences===
    Line 139: Line 197:


    ===Opportunity Cost===
    ===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 best choice available to someone, or a group, who has picked among several mutually exclusive choices.<br>Opportunity cost is a key concept in mainstream economics and has been described as expressing "the basic relationship between scarcity and choice". The notion of opportunity cost plays a crucial part in ensuring that resources are used efficiently.
    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-best choice available to someone, or a group, who has picked among several mutually exclusive choices.<br>Opportunity cost is a key concept in mainstream economics and has been described as expressing "the basic relationship between scarcity and choice". The notion of opportunity cost plays a crucial part in ensuring that resources are used efficiently.


    ===Marginalism===
    ===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 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.
    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===
    ===Time Structure===
    Line 157: Line 215:
    [[File:Distributist libert flag.svg|thumb|220px|Flag of Distributist Libertarianism]]
    [[File:Distributist libert flag.svg|thumb|220px|Flag of Distributist Libertarianism]]


    '''Distributist Libertarianism''' (also known as '''Southern Distributism''') is an economically center-right to right-wing, libertarian and culturally centre-right ideology, advocating for an economic system based on widely-spread property ownership and a society culturally based on Catholic social teachings. Distributist Libertarians do not believe that [[File:Lfree.png]] laissez-faire Austrian school economics results in an unfair concentration of power, but rather that the vast majority of concentration of power in capitalist economic systems occurs because of state intervention in the economy (for example; Intellectual "Property", Subsidies, Inconsistent Taxation, everything [[File:Keynes.png]] [[Keynesian School|Keynes]] advocates for, and such).
    '''Distributist Libertarianism''' (also known as '''Southern Distributism''') is an economically center-right to right-wing, libertarian, and culturally center-right ideology, advocating for an economic system based on widely-spread property ownership and a society culturally based on Catholic social teachings. Distributist Libertarians do not believe that [[File:Lfree.png]] laissez-faire Austrian school economics results in an unfair concentration of power, but rather that the vast majority of concentration of power in capitalist economic systems occurs because of state intervention in the economy (for example; Intellectual "Property", Subsidies, Inconsistent Taxation, everything [[File:Keynes.png]] [[Keynesian School|Keynes]] advocates for, and such).


    ==How to Draw==
    ==How to Draw==
    Line 165: Line 223:
    #Draw a ball
    #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
    #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 in black rattlesnake in the middle of the ball
    #Draw a black rattlesnake in the middle of the ball
    #Add green grass below the snake
    #Add green grass below the snake
    #Lower below, add some variation of the quote ''"DON'T TREAD ON ME"'', like ''"no step on snek"''
    #Lower below, add some variation of the quote ''"DON'T TREAD ON ME"'', like ''"no step on snek"''
    Line 183: Line 241:


    ==Relationships==
    ==Relationships==
    Austrobert's behavior is based on one of the stereotype of Mises, calling everyone a socialist (Even [[File:Chilib.png]] [[Chicago School|Friedmanite-style Libertarians]] or [[File:Hayek.png]] even [[Hayekism|Hayekians]].)
    Austrobert's behavior is based on one of the stereotype of Mises, calling everyone a socialist (Especially for "[[File:Lib.png]]modern liberal" in the Western sense and even [[File:Chilib.png]] [[Chicago School|Friedmanite-style Libertarians]] or [[File:Hayek.png]][[Hayekism|Hayekians]].)


    ===True Capitalists===
    ===True Capitalists===
    Line 201: Line 259:
    ===Commie Sympathyzers===
    ===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: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]] - I love your main personality, although you could get quite annoying sometimes.
    *[[File:Dengf.png]] [[Dengism]] - Some of us think you're allowing markets to flourish, while others think you're still imposing a lot of controls that stifle economic growth. In short, housing bubbles and post-Keynesianism are dangerous.
    *[[File:Bhl.png]] [[Bleeding-Heart Libertarianism]] - He's okay, a bit too progressive and I disagree with some of his neoclassical economic views.
    *[[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: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:AusFash.png]] [[Austrofascism]] - My fascist twin. <s>Thanks for choosing me as your main economic advisor.</s>
    Line 215: Line 272:
    ===SOCIALISTS!!!!!===
    ===SOCIALISTS!!!!!===
    *[[File:Austrmarx.png]] [[Austromarxism]] - My evil commie twin.
    *[[File:Austrmarx.png]] [[Austromarxism]] - My evil commie twin.
    *[[File:Dsa.png]] [[Democratic Socialism]] [[File:Demsocstar.png]] - He is corrupting modern day politics with this socialist garbage.
    *[[File:Demsocstar.png]] [[Democratic Socialism]] - He is corrupting modern day politics with this socialist garbage.
    *[[File:Keynes.png]] [[Keynesian School]] - I cannot stand him, he doesn't understand simple economics! End the fed.
    *[[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!
    *[[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: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]] [[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:Cybercom.png]] [[Cybercommunism]] - AI won't solve the ECP, commie!
    *[[File:Regulationism.png]] [[Regulationism]] - Don't tread on me, statist trash!
    *[[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: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: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.
    *[[File:3way.png]] [[Third Way]] - Your policy will never provide a "third way" between capitalism and socialism.
    Line 242: Line 301:
    *[https://cdn.mises.org/principles_of_economics.pdf Principles of Economics] by Carl Menger
    *[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
    *[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===
    ===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://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://youtu.be/lWw1JUQ_1qE
    *[https://www.youtube.com/watch?v=R0qzmgRozL0 Austrian vs. Chicago economics] by [[File:Reason.png]] [[Libertarianism|ReasonTV]]
    ====Channels====
    ====Channels====
    *[https://youtube.com/user/lucretiuscaro jorge antonio soler sanz]
    *[https://youtube.com/user/lucretiuscaro jorge antonio soler sanz]
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    {{Navbox/Libertarians}}
    {{Navbox/Libertarians}}
    {{Navbox/Capitalists}}
    {{Navbox/Capitalists}}
    [[Category:Reactionary]]
    [[Category:Economic Systems]]
    [[Category:Economic Systems]]
    [[Category:Cultural_Center]]
    [[Category:Cultural_Center]]
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