#19 – Logan Chipkin: Understanding Economics
Arjun Khemani Podcast
The Importance of Austrian Economics
Hans Hermann Hoppe worked out that the only societal arrangement in which everyone's preferences can be met is a fully private property society. He applied praxeology or Austrian economics, I should say, to deduce that conclusion. Now it so happens that many Austrian economists were and are revolutionaries politically. But again, this is merely a criticism of the existence of the state and state action.
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