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Like any and all reductionist views, it cannot fit the human experience exactly. At best, it provides a suggestive metaphor.

That said, I admire the Austrian analysis!

Thank God for von Mises and Hayek.

I Thank God for anyone with such a compelling handle. I am rereading several bio's of Thomas More & also looking at many other things Medieval-some heads did once belong on spikes.

Thomas More's own father, John, was among those responsible for building & maintaining London Bridge. They boiled the heads so they might last longer. His daughter was finally allowed to retrieve her father's after, after about ten days.

Try the very useful text on the English Peasant's Revolt ( 1381 ) & the origins of the Freemasons-Born in Blood, by John J. Robinson ( they were the Knights Templer who escaped the 'roundup' by the Pope & the French King who both wanted their great wealth ). Interestingly, torture was not allowed in England-though very nasty execution was standard in many cases. The Knights Templer had advance warning of the sweep, in England, & they disappeared to evade the action of Church & Crown. Many had escaped from the Continent-they even had fleets of ships. Thus, they had to 'go underground' in England. Ancient French was a clue to some Masonic words & was a thread for the author to follow. The author of the book was an authentic medieval scholar, covered many other things-including the Crusades in fine & succinct detail-I had not understood several aspects & now may. The book was really very useful. The Masons all appreciate the work-I think he joined them, after doing the research ( he actually went to England for research on the text )! I would also join them if I had time. I am gone most weeks.

Thank God for von Mises and Hayek.

Amen from this secular humanist, especially Ludwig von Mises. I've taught my 20-month-old daughter to say Mises which makes even my hard heart melt.