The first thing to understand about the “Austrian School” is that it doesn’t exist. What Hayek, von Mises and others put forward is not Austrian at all; it is imperial British Economics, specifically the economics of the 19th century British Empire.
Read along here, https://www.larouchepac.com/it_s_time_to_learn_real_american_economics_part_2
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The first thing to understand about the “Austrian School” is that it doesn’t exist. What Hayek, von Mises and others put forward is not Austrian at all; it is imperial British Economics, specifically the economics of the 19th century British Empire.
Read along here, https://www.larouchepac.com/it_s_time_to_learn_real_american_economics_part_2
The ideas which created the American Republic do not come down to us from John Locke or other oligarchical spokesmen of the British Empire. If you wish to understand the truth about America, study instead the sermons of John Robinson of the Plymouth Church; or the writings of Cotton Mather; or Benjamin Franklin’s lifelong pursuit of scientific investigation. It is all there, plain as the nose on your face: Man is a rational, creative being. He can make discoveries. He can advance his condition. He can love his fellow men and women. He can willfully create a better future for his posterity. He can create a Republic which will embody those principles and defend them.
Read along here, https://www.larouchepac.com/it_s_time_to_learn_real_american_economics_part_6
Promethean Action
The first thing to understand about the “Austrian School” is that it doesn’t exist. What Hayek, von Mises and others put forward is not Austrian at all; it is imperial British Economics, specifically the economics of the 19th century British Empire.
Read along here, https://www.larouchepac.com/it_s_time_to_learn_real_american_economics_part_2
