Some considerations about the foundational econcepts of the Austrian School

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Different from the approaches that dominate large parts of modern economics, Austrian economics is based on the concept of “human action”. As Ludwig von Mises declared in his Notes and Recollections, “what distinguishes the Austrian School and will lend it everlasting fame is its doctrine of economic action, in contrast to one of economic equilibrium or nonaction.”

Mises called his approach “praxeology”. Praxeology puts economics on a new footing with its basis in the principles of human action. As such Austrian economics confronts human action in its full complexity. …


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Economic choice deals with scarcity because the desires of the individual exceed the availability of the means for their satisfaction. Economics comes into play when there is scarcity because scarcity makes calculation necessary.

The guiding principle in dealing with scarcity is profit. Profit is the guide to economic progress. When economic calculation shows a profit, it indicates that costs were well spent. Progress has been made. Profits appear when a human action provides more benefits than costs.

Profit is not limited to the economy but a universal category of human action. Its use in business is only a special way of the general principle when business activities allow the calculation in terms of money. Beyond business, individuals value action likewise in terms of costs and benefits. …


James Delingpole resume mi reciente charla con él en su Show

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El Gran Reinicio es real, está sucediendo ahora y conducirá a una devastación peor — «mucho, mucho peor»- que la de la República de Weimar, advirtió un economista alemán.

El Dr. Antony Mueller, profesor de economía de la Universidad Federal de Sergipe en Brasil, dice que la ‘pandemia’ del coronavirus chino está siendo utilizada como cobertura por la élite globalista para destruir pequeñas empresas y acelerar todo hacia un nuevo orden mundial basado en la «expertocracia, la religión verde del clima y despoblación brutal”.

Esta élite globalista, inspirada por la campaña ‘Reconstruir mejor’ del Foro Económico Mundial para una ‘Cuarta Revolución Industrial’ y por la Agenda 2030 de las Naciones Unidas, está matando a Main Street, junto con miles de empleos, al mantener las economías en todo el mundo occidental en un cierre casi permanente. …


James Delingpole resume a nossa recente conversa no seu Show

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O Dr. Antony Mueller, Professor de Economia da Universidade Federal de Sergipe, no Brasil, diz que a “pandemia” do coronavírus chinês está a ser usada como cobertura pela elite globalista para destruir pequenas empresas e acelerar uma nova ordem mundial baseada na “perícia, religião verde climática e despovoamento brutal”.

Esta elite globalista — inspirada pela campanha ‘Build Back Better’ do Fórum Econômico Mundial para uma ‘Quarta Revolução Industrial’ e pela Agenda 2030 das Nações Unidas — está matando Main Street, os centros das cidades, juntamente com milhares de empregos, ao manter as economias no mundo ocidental em bloqueio quase permanente. …


James Delingpole summarizes our recent talk at his Show

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Dr Antony Mueller, Professor of Economics at the Federal University of Sergipe in Brazil, says that the Chinese coronavirus ‘pandemic’ is being used as cover by the globalist elite to destroy small businesses and hasten a new world order based on “expertocracy, climate green religion, and brutal depopulation”.

This globalist elite — inspired by the World Economic Forum’s ‘Build Back Better’ campaign for a ‘Fourth Industrial Revolution’ and by the United Nations’ Agenda 2030 — are killing Main Street, together with thousands of jobs, by keeping economies across the Western World in near-permanent lockdown. …


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NEon24.pl

“Blokada w następstwie pandemii koronawirusa przyspieszyła realizację od dawna utartych planów ustanowienia tak zwanego nowego porządku światowego. Pod auspicjami Światowego Forum Ekonomicznego ( WEF ) globalni decydenci opowiadają się za „ Wielkim Resetem ” z zamiarem stworzenia globalnej technokracji. To nie przypadek, że 18 października 2019 r. W Nowym Jorku WEF uczestniczyło w „Wydarzeniu 201 ” podczas ćwiczenia pandemicznego „wysokiego szczebla” zorganizowanego przez John Hopkins Center for Health Security .

Ta nadchodząca technokracja wymaga ścisłej współpracy między szefami branży cyfrowej i rządami. …


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Il World Economic Forum (WEF) è stato fondato cinquant’anni fa. Ha acquisito sempre più importanza nel corso dei decenni ed è diventata una delle principali piattaforme di pensiero e pianificazione futuristica. In quanto luogo d’incontro dell’élite globale, il WEF riunisce i leader del mondo degli affari e della politica oltre ad alcuni intellettuali selezionati. L’obiettivo principale del forum è il controllo globale. Il libero mercato e la scelta individuale non sono i valori massimi a cui aspirare, bensì l’interventismo e il collettivismo statale. …


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Il y a environ 2 400 ans, le philosophe grec Platon a eu l’idée de construire l’État et la société selon un plan élaboré. Platon voulait des « hommes sages » (philosophes) à la tête du gouvernement, mais il a également précisé que son genre d’État nécessiterait une transformation des humains. Dans les temps modernes, les promoteurs de l’État omnipotent veulent remplacer le philosophe de Platon par l’expert et créer l’homme nouveau par l’eugénisme, qui s’appelle désormais transhumanisme. …


Trecho (com modificações) de: A. P. Mueller, Capitalism Beyond the State and Politics. KDP Amazon 2018

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Os modelos do ciclo de negócios enquadram-se em três categorias: os modelos, que veem o ciclo inerente a uma economia capitalista, os modelos, que afirmam que os fatores externos causam o ciclo de negócios, e esses modelos, que dizem que as políticas governamentais são a principal causa do ciclo empresarial.

As teorias marxista, keynesiana e pós-keynesiana se enquadram nas categorias de modelos endógenos, enquanto para os novos keynesianos, para os modelos de Schumpeter e para os modelos de ciclo de negócios real, as causas do ciclo de negócios estão fora da economia de mercado e afetam a economia. …


(Excerpt from A. P. Mueller: “Capitalism Beyond the State and Politics”. KDP Amazon 2018)

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Business cycle models fall into three categories: models, which see the cycle inherent to a capitalist economy, models, which claim external factors cause the business cycle, and those models, which say government policies are the main cause of the business cycle.

The Marxist, Keynesian and Post-Keynesian theories fall into the categories of endogenous models, while for the New Keynesians, for Schumpeter, and for the Real Business Cycle models, the causes for the business cycle lie outside of the market economy and affect the economy in the form of external shocks. …

About

Antony Mueller

Dr. Antony P. Mueller is a German professor of economics who currently teaches in Brazil. See his website: http://continentaleconomics.com/

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