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Austrian economics: Difference between revisions

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[[File:Austrian School Economics.png|alt=Yes, It Really Is This Stupid|thumb|The Economic behavior of humanity as theorized by Austrian Economists]]
[[File:Austrian School Economics.png|alt=Yes, It Really Is This Stupid|thumb|The Economic behavior of humanity as theorized by Austrian Economists]]
'''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 economics is largely associated with [[Libertarianism|Right-wing Libertarianism]], which itself maintains highly-individualist and "[[free market]]" ideology.
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 07:06, 9 December 2022

Yes, It Really Is This Stupid
The Economic behavior of humanity as theorized by Austrian Economists

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.