Author: Curt Doolittle

RESCUING MISES FROM OSTRACIZATION

We know why incentivized leftists do what they do now, and mises was wrong. Its status seeking, not guilt. Guilt is interestingly more powerful in the jewish construct of man where status seeking is more powerful in western heroic vision. We know that most leftists are genetically determined, and environmentally reinforced. So if one is to deduce human behavior and incentive, one must correction understand the hierarchy of those incentives and he was incorrect.

My goal isn’t to discredit Mises, it is to eliminate postmodern deceptions and pseudosciences. And to rescue Austrian economics from the damage done, so that I can reintroduce morality into empirical economics, requires that I demonstrate how and why mises was mistaken. The problem is that mises, like many cosmopolitans, argued pseudoscientifically. I understand now why this was done by both germans and jews of their era. But the net is that it is pseudoscientific and must be corrected or be thrown out along with every other pseudoscience. To correct it requires only that correction I have made: mises was mistaken. He had discovered operationalism (intuitionism) in economics as a test of existential possibility. But it is beyond question at this point that economic phenomenon are not deducible from has nonsense ‘axiom’. Instead, we can create theories however we wish, we can test them through criticism. Once we possess them we can create models from them. Models help us investigate the possibility of new theories. However, we must criticize (falsify) our theories to determine if they survive scrutiny. Included in these tests are internal consistency (logic) external correspondence (empirical testing), operational definition (existential possibility), parsimony (falsifiication), as well as morality (voluntary exchange/transfer). These tests warranty that we relay what exists not what we imagine, by laundering imaginary content from our imagined theories, leaving the most accurate description of phenomenon that we can measure.

From this perspective, Misies is correct: he sought to practice moral economics (exchanges), and the mainstream adopted immoral economics(deceptions). Unfortunately he tried, as germans and jews are want to do, to conflate axiomatic truth and morality, instead of theoretical truth being necessary for the conduct of moral economics.

This is, I think, how we rescue mises from his ostracized position in history, and restore morality to economics.