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'''Austrian economics''' are a competing set of economic theories who disagree with [[Marxist Economics]]. Austrian Economics posits an [[Base_and_superstructure|Economic Base]] that can be described entirely by [[Individualism|individual]] choices and individual [[Great Man Theory|actors]] with a complete rejection of group behavior or larger society. | '''Austrian economics''' are a competing set of economic theories who disagree with [[Marxist Economics]]. Austrian Economics posits an [[Base_and_superstructure|Economic Base]] that can be described entirely by [[Individualism|individual]] choices and individual [[Great Man Theory|actors]] with a complete rejection of group behavior or larger society. | ||
Austrian | Austrian economics is largely associated with [[Libertarianism|Right-wing Libertarianism]], which itself maintains highly-individualist and "[[free market]]" ideology. | ||
[[Category:Economics]] | [[Category:Economics]] | ||
[[Category:Libertarianism]] | [[Category:Libertarianism]] |
Revision as of 17:53, 11 October 2022
Austrian economics are a competing set of economic theories who disagree with Marxist Economics. Austrian Economics posits an Economic Base that can be described entirely by individual choices and individual actors with a complete rejection of group behavior or larger society.
Austrian economics is largely associated with Right-wing Libertarianism, which itself maintains highly-individualist and "free market" ideology.