Saturday, October 10, 2009

Austrian Economics Stems From Classical Liberalism.

The origins of Austrian economics is classical liberalism as recognized by Mises. The scientific conclusions more formally systematized - it just so happened - confirmed the discoveries of the earlier contributors to the science before it was made into an either/or proposition.

Those who need an either/or proposition will probably find it impossible to fully integrate ethics and economics. Not as great a travesty as adopting the empirical methodology for the social sciences; but nevertheless still requiring half-truths about human nature and human history and resulting in reliance on ego-driven interpretation, which predictably will result in injustices.

Atheism and interventionism are distortions that undermine classical liberalism

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