Essentially, economic analysis consists of: (1) an understanding of the categories of action and an understanding of the meaning of a change in value… - Hans-Hermann Hoppe
" "Essentially, economic analysis consists of: (1) an understanding of the categories of action and an understanding of the meaning of a change in values, costs, technological knowledge, etc.; (2) a description of a situation in which these categories assume concrete meaning, where definite people are identified as actors with definite objects specified as their means of action, with definite goals identified as values and definite things specified as costs; and (3) a deduction of the consequences that result from the performance of some specified action in this situation, or of the consequences that result for an actor if this situation is changed in a specified way. And this deduction must yield a priori-valid conclusions, provided there is no flaw in the very process of deduction and the situation and the change introduced into it being given, and a priori—valid conclusions about reality if the situation and situation—change, as described, can themselves be identified as real, because then their validity would ultimately go back to the indisputable validity of the categories of action.
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About Hans-Hermann Hoppe
Hans-Hermann Hoppe (born 2 September 1949) was an Austrian school economist, an anarcho-capitalist philosopher, and a professor at the University of Nevada, Las Vegas.
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Hans Hermann Hoppe
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The authority to admit or exclude anyone from any territory should be stripped from the hands of the central government and re-assigned to the states, counties, cities, towns, villages, residential districts, and ultimately to the owners of private households and their voluntary associations. One would be well on the way toward this goal of restoring freedom of association and exclusion as it is implied in the idea and institution of private property and households, if towns and villages could again do what they did as a matter of course until well into the 19th century in the U. S. : to post signs regarding entrance requirements to the town, and, once in town, requirements for entering specific pieces of property (no beggars, bums, homeless, but also no Moslems, Jews, Catholics, Blacks, Chinese., Mexicans, etc.), and to kick out those who do not fulfill these requirements as trespassers.
Private property capitalism and egalitarian multiculturalism are as unlikely a combination as socialism and cultural conservatism. And in trying to combine what cannot be combined, much of the modern libertarian movement actually contributed to the further erosion of private property rights (just as much of contemporary conservatism contributed to the erosion of families and traditional morals). What the countercultural libertarians failed to recognize, and what true libertarians cannot emphasize enough, is that the restoration of private property rights and laissez-faire economics implies a sharp and drastic increase in social “discrimination” and will swiftly eliminate most if not all of the multicultural-egalitarian life style experiments so close to the heart of left libertarians. In other words, libertarians must be radical and uncompromising conservatives.
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Families, authority, communities, and social ranks are the empirical-sociological concretization of the abstract philosophical-praxeological categories and concepts of property, production, exchange, and contract. Property and property relations do not exist apart from families and kinship relations.
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