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Ludwig von Mises

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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