(INTRODUCTORY READING 5) THE STRUGGLE TO PRODUCE A MORAL ECONOMIC SCIENCE ——

(INTRODUCTORY READING 5)

THE STRUGGLE TO PRODUCE A MORAL ECONOMIC SCIENCE

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THE BRANCHES OF AUSTRIAN ECONOMICS

The German branch of Austrian economics offered an alternative proposition: that we can and should pursue inquiry into economics as a means of discovering how we may improve our institutions while preserving moral principles of cooperation. This position favors kin selection without encouraging parasitism.

The mainstream (anglo) position is instead, that we should pay the cost of immoral actions via our institutions if the aggregate benefits are justifiable. This is a philosophical bias that ist he result of the heavily outbred culture of the anglos who for all intents and purposes function as kin, and operate under the principle of kin selection. This position encourages parasitism.

By contrast, the Jewish branch of Austrian economics attempted, and failed, to cast this argument as one of science(instrumentalism and empiricism) versus logic(axiomatic deduction), while at the same time naming this axiomatic argument a ‘science’, despite not relying upon the scientific method – thus constructing a pseudoscience (meaning: using the term science for credibility without relying on the scientific method to establish credibility). This position seeks to make both parasitism and contribution to the commons impossible.

Just as universalism is common to the English, and duty common to the German, this attempt to create a pseudoscientific authoritarian philosophy was a result of the cultural bias of Judaism which itself relies upon authoritative law and contractual agreement rather than the european aristocratic egalitarian cultural demand for testifiable truth regardless of circumstances. Contract is a sufficient substitute for truth in low trust polities. But it is not a substitute for truth in high trust polities.

A TALE OF THREE CULTURES

Of these three positions, the German was the optimum: scientific, rational, and moral actions to achieve moral ends.

The anglo position uses science and aggregates and accepts immoral actions in order to attempt to achieve moral ends.

The German position uses science, reason and individualism in order to preserve moral conditions while achieving economic optimums.

The Jewish position relies upon pseudoscience to achieve individual optimums but ignores morality and commons altogether – because judaic law is constructed contractually, not on principle (truth telling), and as a diasporic culture, it does not require contribution to the commons as do land holding social orders.

Each of these cultural strategies is beneficial for island dwelling anglo universalists(truth), continent-dwelling german martial culture (duty), and disasporic un-landed jewish culture (contract).

However, if we separate the pragmatism of cultural group evolutionary strategy from that which is true independent of those cultural strategies – cultural definitions of true – only the German model survives scrutiny as containing the full suite of properties: truth, duty, commons, individual and collective morality, under science and reason.

THE PREFERENCE FOR THE AUSTRIAN MODEL IS A PREFERENCE FOR A MORAL DICIPLINE OF ECONOMICS

Had not the world wars disrupted the Austrian school and destroyed german civilization in a fractious civil war, this debate might have evolved and been completed earlier, instead of devolving into mainstream half-moral anglo aggregate morality, and a discredited heterodox school.

But at present the Austrian vision of a moral economics constructed for nations, preserving kin selection, preventing parasitism, preserving both individual and aggregate morality, preserving the commons, requiring truth-telling, and operating under ratio-scientific methods, is displaced for two reasons:

1) The post-war dominance of (dysgenic, suicidal) anglo universalism justified under Keynesian socialism and Rawlsian ethics. A suicidal strategy only possible under the unique conditions of western altruistic punishment. (See Wiki) Westerners are the only people to develop universal high trust and to break the familial cycle of corruption. However, this appears to have created a weakness in that we extend this trust suicidally and ignore the reproductive and evolutionary importance of the family, tribe, and nation, and in creating that high trust society in the first place.

2) The marginalization of the Austrian ambition for a moral economics because of the adoption of marxist ideological and propaganda techniques in advocating the pseudoscientific Jewish Austrian program – in no small part by the Mises Institute (without whom, and the use of the new medium of the internet, the pseudoscientific branch would likely have been extinguished.) As such the term Austrian is categorized under pseudoscientific and anti-scientific, rather than as the german branch originally evolved: the institutional means of improving moral cooperation in the pursuit of prosperity.

ADVANCES IN SCIENCE AND PHILOSOPHY

Mises’s praxeology is a failed attempt at developing economic Intuitionism and Operationalism. Economics is of necessity, like all scientific investigation, a ratio-empirical methodology for the study of phenomenon beyond our direct perception. In his failure he attempted to create a pseudoscience to justify his authoritarian preferences.