What Is Libertarianism?

There are many ways of saying the same thing, and libertarians often have unique ways of answering the question “What is libertarianism?” We’ve asked many libertarians that question, and below are some of our favorite definitions. “Libertarianism is, as the name implies, the belief in liberty. Libertarians believe that each …

What is Austrian Economic?

The Austrian School The story of the Austrian School begins in the fifteenth century, when the followers of St. Thomas Aquinas, writing and teaching at the University of Salamanca in Spain, sought to explain the full range of human action and social organization. These Late Scholastics observed the existence of …