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Austrian School

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Austrian school
school of economic thought that advocates strict adherence to methodological individualism rather than focusing on aggregate variables, equilibrium analysis and societal groups
anarcho-capitalism
thumb|alt=A two-colored flag, split diagonally, with yellow at the top and black at the bottom|The black and gold flag, a symbol of anarchism (black) and capitalism (gold) which, according to Murray Rothbard, was first flown in 1963 in [[Colorado and is also used by the Swedish Anarkokapitalistisk Front.|261x261px]]
Operation Condor
series of anti-communist, anti-dissent campaigns in South America
marginal utility
change in satisfaction resulting from an increase or decrease in consumption of one unit of a good or service
praxeology
In philosophy, praxeology or praxiology (; ) is the theory of human action, based on the notion that humans engage in purposeful behavior, contrary to reflexive behavior and other unintentional behavior.
Mont Pelerin Society
international neoliberal organization
spontaneous order
spontaneous emergence of order out of seeming chaos
economic calculation problem
critique of central economic planning proposed by Ludwig von Mises
Austrian business cycle theory
economic theory
Mises Institute
economic education organization
Methodenstreit
Methodenstreit (German for "method dispute"), in intellectual history beyond German-language discourse, was an economics controversy commenced in the 1880s and persisting for more than a decade, between that field's Austrian School and the (German) Historical School. The debate concerned the place of general theory in social science and the use of history in explaining the dynamics of human action. It also touched on policy and political issues, including the roles of the individual and state. Nevertheless, methodological concerns were uppermost and some early members of the Austrian School al
Svobodní
Svobodní, formerly known as Party of Free Citizens or the '''Free Citizens' Party''' () until 2019, is a classic liberal and right-libertarian, Eurosceptic political party in the Czech Republic founded in 2009 by Petr Mach, an economist and professor of macroeconomics. Prior to assuming his position as an MEP, Mach taught economics at VŠFS and VŠEM (two private business colleges in Prague). The party is led by Libor Vondráček.
Catallactics
Catallactics is a theory of the way the free market system reaches exchange ratios and prices. It aims to analyse all actions based on monetary calculation and trace the formation of prices back to the point where an agent makes their choices. It explains prices as they are, rather than as they "should" be. The laws of catallactics are not value judgments, but aim to be exact, empirical, and of universal validity. It was used extensively by the Austrian School economist Ludwig von Mises.
Party of Reason
political party in Germany
Foundation for Economic Education
American conservative, libertarian economic think tank
private defense agency
conceptualized agency that provides personal protection and military defense services voluntarily through the free market
Roundaboutness
Roundaboutness, or roundabout methods of production, is the process whereby capital goods are produced first and then, with the help of the capital goods, the desired consumer goods are produced. Roundaboutness states that more time-intensive and capital-rich methods of production may lead to greater long run productivity, even if in the short run they are less productive. This idea ties closely to other ideas on the time value of money and interest rates, where interest is a premium paid for deferring consumption in the present.
dispersed knowledge
information that is spread throughout the market and not in the hands of a single agent
Polylogism
Polylogism is the belief that different groups of people reason in fundamentally different ways (coined from Greek poly 'many' + logos 'logic'). The term is attributed to Ludwig von Mises, who claimed that it described Marxism and other class-based social philosophies. In the Misesian sense of the term, a polylogist ascribes different forms of "logic" to different groups, which may include groups based on race, gender, class, or time period.
Thymology
In praxeology, thymology is the study of those human aspects that precede or cause purposeful human behavior.
Theory of imputation
Wikimedia disambiguation page
Property and Freedom Society
Austro-libertarian political organization
Extended order
Economics and sociology concept