/r/NewAustrianSociety

Photograph via //r/NewAustrianSociety

OUR AUSTRIAN SUB PHILOSOPHY

The New Austrian Society seeks to promote Austrian economics and libertarian philosophy into a new direction for a new century. Other perspectives or views are not to be rejected out of hand if they can be utilized properly within a more advanced Austrian framework. Please review our rules before posting or commenting.

The New Austrian Perspective

The New Austrian Society seeks to promote Austrian economics and libertarian philosophy into a new direction for a new century.

Other perspectives or views are not to be rejected out of hand if they can be utilized properly within the Austrian framework.

We welcome the work of lesser known Austrians and fellow travelers like James Buchanan, Leland Yeager, William Woolsey, Ludwig Lachmann, Axel Leijonhufvud, Mario Rizzo, Karen Vaughn, & Peter Lewin.

Please review our rules before posting or commenting.

RULES

I Label your posts [ETHICAL] or [VALUE-FREE] in the post next to the title. We want to separate debate about economics from debate about political philosophy or ethics. Discussions under the first label will only center around morality and political philosophy. Discussions under the second label will only be based on pure economic theory. If a comment in a value-free post is ethically-based, it will be deleted, and vice versa. Posts with no label will be deleted as well.

II When posting a link, write a short paragraph in the comment section explaining why it is important to Austrian economics, or which part of the video you want to discuss and why. Context is important and sometimes members don't have time to watch a 90 minute video. Posts that don't follow this will be deleted.

III No Memes, only serious content.

IV The purpose of this sub is to have quality discussion. Don't just throw insults or say things like "You're wrong" or "learn economics" without providing economic theory/evidence backing it up. These types of comments will be deleted. Instead, give your own viewpoints and evidence as to why the other person is wrong.

V Be sure to add a flair to your post to indicate what the general topic is. Those posts without flairs will be deleted.

VI In addition to the above rules that have been set out for this community, users must also adhere to all the rules of Reddit that have been established by the admins.

AUSTRIAN BLOGS:

Cafe Hayek

Free Advice

Economic Policy Journal

The Cobden Centre

Foundation for Economic Education

Alt-M

Mises Wire

Coordination Problem

Gary North's Blog

Think Markets

Austro-Punk's Blog

Related Subs

Austrian_economics

Economy

Ask Economics

Gold and Black

Capitalism vs Socialism

Libertarian

Anarcho-Capitalism

AskLibertarians

AUSTRIAN & NON-AUSTRIAN ECONOMICS PODCASTS

Contra Krugman

The Peter Schiff Show

The Economics Detective

EconTalk Podcast

Macro Musings

Books for Advanced Austrian Economics

TEXTBOOK

The Economic Way of Thinking: Paul Heyne, Peter Boettke, & David Prychitko

ADVANCED AUSTRIAN MONETARY THEORY

Time and Money: Roger Garrison

Money: Sound and Unsound: Joe Salerno

Microfoundations and Macroeconomics: Steve Horwitz

The Theory of Money and Credit: Ludwig von Mises

The Fluttering Veil: Leland Yeager

A History of Money and Banking in the United States: Murray Rothbard

Boom and Bust Banking: David Beckworth

Currency Wars: James Rickards

Monetary Kaleidics: Austro-Punk

ADVANCED CAPITAL THEORY

Capital and Its Structure: Ludwig Lachmann

Capital, Interest, and Rent: Frank Fetter

The Structure of Production: Mark Skousen

Capital in Disequilibrium: Peter Lewin

Essays on Capital and Interest: Israel Kirzner

The Stock Market, Credit, and Capital Formation: Fritz Machlup

The Pure Theory of Capital: F. A. Hayek

ADVANCED BUSINESS CYCLE THEORY

Money, Bank Credit, and Economic Cycles: Jesus Huerta de Soto

Prices and Production: F.A. Hayek

The Failure of the New Economics: Henry Hazlitt

Profits, Interest, and Investment: F.A. Hayek

The Great Depression: Lionel Robbins

ADVANCED ENTREPRENEURSHIP

Entrepreneurial Discovery and the Competitive Market Process- An Austrian Approach: Israel Kirzner

The Capitalist and the Entrepreneur: Peter Klein

Capital, Expectations, and the Market Process: Ludwig Lachmann

Entrepreneurial Alertness and Opportunity Discovery: Peter Klein and Nicolai J. Foss

MISCELLANEOUS

Markets Not Capitalism: Gary Chartier & Charles W. Johnson

The Economics and Ethics of Private Property: Hans Hermann Hoppe

Calculation and Coordination: Peter Boettke

Man, Economy, and Liberty: Essays in Honor of Murray Rothbard: Walter Block

Individualism and Economic Order: F.A. Hayek

Economics as a Coordination Problem: Gerald O' Driscoll

/r/NewAustrianSociety

2,152 Subscribers

11

Praxeological Ethics

Hello all!

I recently published my first book, Praxeological Ethics. As the name implies, the book takes the science of Praxeology - as laid out by Ludwig von Mises - and shows how we can understand ethics through applications of Praxeological concepts. I go on to show the implications this has for lots of important ethical questions, such as the Is-Ought Problem, the philosophical basis of moral principles, systems of law, and more. Even if you don't agree with all my conclusions, I can guarantee you will at least find it interesting.

You can find it on Amazon, but there is also a free PDF copy of it in the Austrian Economics Discord Server (DM for server link). Let me know what you guys think of it.

Amazon link: https://www.amazon.com/dp/B0D96GTBY9

0 Comments
2024/07/28
03:37 UTC

4

Mises monopoly price theory nd criticism?

Why are some austrian economists critical of Mises monopoly price thoery despite him never using it to support anti trust law, something that he as far as I know he never supported.

0 Comments
2024/07/17
20:32 UTC

4

What is the difference between you all and old Austrians?

Title question. I am a fan of anarcho-capitalists like Michael Huemer, David Friedman, and Bryan Caplan. I also would like to know your thoughts on Gold standard vs FIAT. By the way, I found this subreddit because of Rob Thorpe and I deeply respect Rob Thorpe.

0 Comments
2024/07/13
17:03 UTC

5

Question about methodology

As far as I can understand (I am a newbie so bear with me), Hayekian side of Austrian School is methodologically more empirical and Hayek made a departure from praxeology. I wanna learn about Hayekian side of school so I would really appreciate some resources to read more, aside from Hayek himself, or explanations about the emprirical side of the Austrian School. I really enjoyed reading some of Hayek's ideas like Spontenous Order and The Use of Knowledge

4 Comments
2024/07/09
09:34 UTC

4

When did the economics school of thought finally become irrelevant for economics research?

0 Comments
2024/05/22
15:28 UTC

7

Looking for readings on the argument that inflation helps the poor

All my instincts from what I've read are that inflation benefits big banks and the big corporations taking loans from them at the expense of others, but I've run into an econometric argument saying the reverse.

Do you know any good recommended readings on this, ideally with data?

Theory is fine too: I've read Man, Economy, and State, but it's been awhile.

6 Comments
2023/08/13
23:13 UTC

7

Debunking Bank Failure Myths

I recently stumbled upon an interesting article that explores the topic of bank failures. Thoughts?

https://austrianeconomics.substack.com/p/bank-failures-frequently-questioned

1 Comment
2023/06/12
23:07 UTC

4

Australia to More Fully Embrace Socialism. The Federal Treasurer Issues His Manifesto.

0 Comments
2023/05/22
08:37 UTC

5

Vote No to the Voice to Parliament

0 Comments
2023/05/22
08:36 UTC

2

Do you consider Fred Foldvary to be Austrian economist?

1 Comment
2023/04/26
18:35 UTC

6

The Life and Times of Richard Cantillon

0 Comments
2023/02/08
02:20 UTC

3

Universal Basic Income (UBI) [What Would Hayek Say?]

0 Comments
2023/01/18
11:47 UTC

3

Austrian Economics Discord Conference Trailer

1 Comment
2023/01/04
05:24 UTC

5

The Austrian Economics Discord Conference (Again!) [Value-Free & Ethical]

I know there has already been a post on this, but I thought another wouldn't hurt.

It is a badly kept secret that there is a Discord server on Austrian Economics. I know that Discord has a reputation as system only used by gamers. But listen to me for a minute....

Every year the server has a conference. Notable Austrian Economists are invited to present. That will be done using Discord's audio and video conferencing features. This year the conference will be on Sat 7th Jan and Sun 8th Jan.

This year, lots of people who you'll have heard of (if you follow Austrian Econ!) will be speaking. The topic is "Inflation money and the state".

The following economists be speaking:

  • Walter Block.
  • Deirdre McCloskey.
  • Saifedean Ammous.
  • Stephan Kinsella.
  • Mark Thornton.
  • Jonathan Newman.
  • Patrick Newman.
  • Jeff Deist.

I'm not an organizer of all this. But, I attended last year, and I thought it was great. This year there are many more speaker than last year.

Dates and times: Jan 7th & 8th. Each session will be from 1pm to 4pm EST. This is the server's web address.

0 Comments
2023/01/04
04:43 UTC

7

The Austrian Economics Discord Conference!

Hello all! In this upcoming week, the Austrian Economics Discord is hosting our second annual Austrian Economics Discord Conference! We have a great slate of speakers confirmed for the event, and we will have time set aside for a Q-and-A with each one of them. The conference will be on January 7th and 8th, from 1 PM EST - 4 PM EST each day. You can join the server with the link below, and I hope I'll see you all there!

https://discord.gg/the-austrian-economics-discord-server-tm-463155981820493824

https://preview.redd.it/dum06zcypk8a1.png?width=1080&format=png&auto=webp&s=611b096df4695a4533830f9f6bf712da3ec5da58

0 Comments
2022/12/28
05:20 UTC

6

Capitalism Promotes Generosity [What Would Hayek Say?]

0 Comments
2022/12/23
09:48 UTC

0 Comments
2022/12/16
02:14 UTC

6

Per Bylund's "How to Think About the Economy" Book Club

Howdy all. Me and the folks on the Austrian Economics Discord Server are starting up a book club going through Per Bylund's new primer on Economics, "How to Think About the Economy". Its a great book for anyone unfamiliar with Economics and looking for a place to dive in. If you are interested in joining the book club, or just want to hop in the server to chat with like-minded people, use the link below. Cheers!

https://discord.gg/SeJQ4gK

https://preview.redd.it/f35a1atfrx2a1.jpg?width=833&format=pjpg&auto=webp&s=49e9cb0d7ee9afe7b1f227f87bc601539358737f

0 Comments
2022/11/29
18:47 UTC

2

Science vs Scientism [What Would Hayek Say?]

0 Comments
2022/11/11
08:47 UTC

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