Austrian economics: Difference between revisions

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Revision as of 20:36, 22 April 2023

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.