To: steplock
It is know as Austrian economics because the founder of this school of thought was Ludwig von Mises, an Austrian. It is the basis of anarchistic capitalism-complete laissez-faire.
11 posted on
11/11/2003 11:13:50 AM PST by
seowulf
To: seowulf
Nope, not anarcho-capitalism, but Mises produced the theoretical foundation for laissez-faire capitalism. Me, I am an anarcho-capitalist. Mises was a minarchist. He belived in a small government constrained to those few things that it can do effectively. He even believed in a military draft (sort of).
18 posted on
11/11/2003 11:34:29 AM PST by
Rifleman
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