Source: Facebook

When we attempt to promote Austrian Economics, we could, if we were intelligent, state that our interests are merely in developing institutions that facilitate voluntary exchanges, rather than mainstream economics, which attempts to maximize involuntary transfers.

In other words, we practice moral economics, and mainstream practices immoral economics.

It does no good whatsoever for advocates of Austrian Econ to make the false claims, or that mainstream does not practice our definition of ‘economics’, nor that their work is unscientific, nor that ours is somehow scientific even though it does not adhere to the warranties of scientific claims. All of these statements are mere verbalisms — they’re deceitful at worst, and merely ignorant at best.