Portal:Libertarianism

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Libertarianism is a set of related political philosophies that uphold liberty as the highest political end. This includes emphasis on the primacy of individual liberty, political freedom, and voluntary association. It is the antonym to authoritarianism. Libertarians advocate a society with either minimized government or no government at all.

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Lua error in package.lua at line 80: module 'Module:Box-header/colours' not found. The Austrian School is a heterodox school of economic thought that emphasizes the spontaneous organizing power of the price mechanism. Its name derives from the identity of its founders and early supporters, who were citizens of the old Austrian Habsburg Empire, including Carl Menger, Eugen von Böhm-Bawerk, Ludwig von Mises, and Nobel laureate Friedrich Hayek. Currently, adherents of the Austrian School can come from any part of the world, but they are often referred to simply as Austrian economists and their work as Austrian economics.

The Austrian School was influential in the late 19th and early 20th century. Austrian contributions to mainstream economic thought include involvement in the development of the neoclassical theory of value and the subjective theory of value on which it is based, as well as contributions to the "economic calculation debate" which concerns the allocative properties of a centrally planned economy versus a decentralized free market economy. From the middle of the 20th century onwards, it has been considered outside the mainstream, with notable criticisms related to the School leveled by economists such as Bryan Caplan, Jeffrey Sachs, and Nobel laureates Paul Samuelson, Milton Friedman, and Paul Krugman. Followers of the Austrian School are now most frequently associated with libertarian political perspectives that emanate from such bodies as the Ludwig von Mises Institute and George Mason University in the US.

Austrian School principles advocate strict adherence to methodological individualism – analyzing human action exclusively from the perspective of an individual agent. Austrian economists also argue that mathematical models and statistics are an unreliable means of analyzing and testing economic theory, and advocate deriving economic theory logically from basic principles of human action, a method they term 'praxeology'. Additionally, whereas experimental research and natural experiments are often used in mainstream economics, Austrian economists contend that testability in economics is virtually impossible since it relies on human actors who cannot be placed in a lab setting without altering their would-be actions. Mainstream economists are generally critical of methodologies used by modern Austrian economists; in particular, a primary Austrian School method of deriving theories has been criticized by mainstream economists as a priori "non-empirical" analysis and differing from the practices of scientific theorizing, as widely conducted in economics.

Austrian School economists generally hold that the complexity of human behavior makes mathematical modeling of an evolving market extremely difficult (or undecidable) and advocate a laissez faire approach to the economy. They advocate the strict enforcement of voluntary contractual agreements between economic agents, and hold that commercial transactions should be subject to the smallest possible imposition of coercive forces. In particular, they argue for an extremely limited role for government and the smallest possible amount of government intervention in the economy.

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MaryRuwart.jpg

Mary J. Ruwart, Ph. D. (born October 16, 1949) is a libertarian speaker, writer, activist and was a leading candidate for the 2008 Libertarian Party presidential nomination. She is the author of the bestselling 1992 book Healing Our World: The Other Piece of the Puzzle.

A member of the Libertarian Party, Ruwart campaigned unsuccessfully for the party's presidential nomination in 1984 and for the vice-presidential nomination in 1992.[1] Ruwart was the Libertarian Party of Texas's nominee for U.S. Senate in 2000, where she faced incumbent Republican Kay Bailey Hutchison; Ruwart polled 1.16% of the popular vote (72,798 votes), finishing fourth behind Green Party candidate Douglas Sandage.

Ruwart has served on the Libertarian National Committee, and was a keynote speaker at the 2004 Libertarian National Convention.[2] In 2002, libertarians launched an unsuccessful lobbying campaign to get Dr. Ruwart appointed Food and Drug Administration (FDA) Commissioner.[3] Additionally, Ruwart has served on the boards of the International Society for Individual Liberty, the Fully Informed Jury Association, and the Michigan chapter of the Heartland Institute.[2] She is part of the anarcho-capitalist wing of the LP.[4]

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  1. Mary Ruwart - Libertarian, Advocates for Self-Government
  2. 2.0 2.1 Mary J. Ruwart - Freedom Circle Directory www.freedomcircle.com
  3. "Who is Mary J. Ruwart?", Life Extension Magazine, July 2001. Retrieved on 2008-04-18
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