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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 [[ | '''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
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.