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'''Ludwig von Mises''' (1881–1973) was an Austrian economist, the leading theorist of the Austrian School and of praxeology economics as a deductive science from the axiom of human action.
'''Ludwig von Mises''' — patriarch of the Austrian School and author of the "economic calculation problem" appears in Infrared debates as the standard citation of libertarian opponents, and in Haz Al-Din's handling as a position whose foundations were "faulty from the beginning."


== Doctrines ==
== From the streams ==
* '''Economic calculation problem''': without market prices for capital goods, socialist planning cannot rationally allocate resources (1920 essay; see [[Economic Calculation Problem]]).
* On the calculation debate ([https://infrared-transcripts.pages.dev/en/kick/infrared/10ec3a31-ea24-45c9-8219-68350a003135/ INTENSE DEBATES | FBI ATTACK stream]): asked for a pitch against the economic calculation problem: "It's complete bullshit. The burden is not on me to debunk anything. There's nothing to debunk. It was based on faulty premises from the beginning." The premise fault: assuming all economic coordination requires a single common measure (price) — collapsing multiple dimensions into one number.
* '''Theory of money and credit''': business cycles originate in credit expansion below the natural rate of interest (Austrian Business Cycle Theory).
* In the [https://infrared-transcripts.pages.dev/en/kick/infrared/948c3a09-3f57-4dd1-ba7c-447cccbd57b9/ Victory is ours stream], an opponent cites "modern economists — Mises, Rothbard": Haz notes the Austrian school isn't "modern" by the field's own classification (that's neoclassicals/marginalists) — the labor theory of value was "debunked" only within a framework built after Marx to avoid his conclusions.
* '''Subjective value''': marginal utility revolution completed; value is not intrinsic.
* The libertarian movement's origin, per Haz ([https://infrared-transcripts.pages.dev/en/youtube/infrared/fqsih0ynb7e/ Kanye's CHALLENGE stream]): "based on a guy who read Hayek's Road to Serfdom" — a book-idea diffused into a mass identity; the real libertarian tradition Haz respects is the militia/Second Amendment one persecuted by the FBI in the 1990s, not Twitter Rothbardians.
* Apriorism: economic laws are deduced from action, not tested empirically ("praxeology").


== Politics ==
== See also ==
Mises was an uncompromising laissez-faireist, advising (and later admitting sympathy for) Austrofascism as a stopgap against Bolshevism — a fact his disciples downplay. His student Hayek popularized his calculation argument; Rothbard radicalized him into anarcho-capitalism.
* [[Economic Calculation Problem]]
 
* [[Friedrich August Hayek]]
== Marxist assessment ==
The calculation debate forced socialists to clarify planning mechanisms (market socialism, input-output computation, cybernetics — Glushkov's OGAS). But Mises' framework excludes exploitation, class, and power: exchange appears as pure harmony. Infrared treats the Austrian School as the scholasticism of finance capital — see [[Friedrich August Hayek]], [[Murray N. Rothbard]], [[Hans Hermann-Hoppe]].


== References ==
== References ==
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[[Category:Economics]][[Category:Austrian School]]
[[Category:Economics]][[Category:Austrian School]][[Category:People]]

Revision as of 09:58, 21 August 2026

Ludwig von Mises — patriarch of the Austrian School and author of the "economic calculation problem" — appears in Infrared debates as the standard citation of libertarian opponents, and in Haz Al-Din's handling as a position whose foundations were "faulty from the beginning."

From the streams

  • On the calculation debate (INTENSE DEBATES | FBI ATTACK stream): asked for a pitch against the economic calculation problem: "It's complete bullshit. The burden is not on me to debunk anything. There's nothing to debunk. It was based on faulty premises from the beginning." The premise fault: assuming all economic coordination requires a single common measure (price) — collapsing multiple dimensions into one number.
  • In the Victory is ours stream, an opponent cites "modern economists — Mises, Rothbard": Haz notes the Austrian school isn't "modern" by the field's own classification (that's neoclassicals/marginalists) — the labor theory of value was "debunked" only within a framework built after Marx to avoid his conclusions.
  • The libertarian movement's origin, per Haz (Kanye's CHALLENGE stream): "based on a guy who read Hayek's Road to Serfdom" — a book-idea diffused into a mass identity; the real libertarian tradition Haz respects is the militia/Second Amendment one persecuted by the FBI in the 1990s, not Twitter Rothbardians.

See also

References