The Foundation of Economics | Practical or Impractical?

#economics #freedom #foundation

The foundation of economics is property. Man is not a puppet to his instincts. He thinks, then acts to remove an uneasiness. This is what makes him an individual. It can be said that man is entirely free. He has free will. Don’t confuse freedom with power. Every man is bound by the laws of nature. It’s impossible to go outside of natural laws. Actions are directed by ideas and knowledge, but all actions take place in the universe.

All utopias rest on ignoring the foundation of economics. They want a reality different than the one we have. The economist is hated because he tells these self-styled intellectuals that these utopias can’t be reached. And because of this, economics is called the dismal science—of course, by statists. They try to act as if they’re practical, but what they desire is a revolt against civilization. It’s the death of peoples.

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