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| | Murray N. Rothbard: Economics, Science, and Liberty by Hans Hoppe |
 | | According to the Austrian mainstream, all economic laws can be derived deductively from a few elementary facts of nature and man (Menger), or from a single axiom (Mises), i.e., the proposition “man acts,” which one cannot dispute without running into a performative contradiction, and which is, thus, indisputably true, and a few empirical—and empirically testable—assumptions. |
 | | Scores of political philosophers and economists, from Thomas Hobbes to James Buchanan and the modern public-choice economics, have attempted to escape from this conclusion by portraying the state as the outcome of contracts, and hence, a voluntary and welfare-enhancing institution. |
 | | In fact, it is Rothbard’s recognition of economics and political philosophy (ethics) as pure aprioristic theory, and of theoretical reasoning as logically anteceding and constraining every historical investigation, which makes his empirical scholarship superior to that of most orthodox historians, and has established him as one of the outstanding “revisionist” historians. |
| www.mises.org /etexts/hhhonmnr.asp (6615 words) |
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