Escola Austríaca de Economia - cada vez mais "sexy"

Following is the article/essay on Austrian School of Economics by Peter Boettke. Here, I intend to inform the laymen, obstructionists and egonomists about this splendid school. According to him, “Economics is the sexiest subject.” ...

The Science of Economics

• Proposition 1: Only individuals choose.

Man, with his purposes and plans, is the beginning of all economic analysis. Only individuals make choices; collective entities do not choose. The primary task of economic analysis is to make economic phenomena intelligible by basing it on individual purposes and plans; the secondary task of economic analysis is to trace out the unintended consequences of individual choices. 

MAIS