CJay Engel

Creator and Editor of Austro Libertarian. Lives in Northern CA, runs several businesses, spends time with his family, and reads as much economics and political theory as possible.

Quote from Guido Hulsmann’s Mises Biography

Guido Hulsmann’s massive biography of Ludwig von Mises, entitled “Mises: The Last Knight of Liberalism” is a real gem. Liberalism in the title, of course, refers to the Old Liberalism, or classical liberalism, (pre-American Progressivist/socialist “liberalism.”) which taught the freedom of the individual against statism and political power– and more importantly at a historical level, developed the …

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Economics and Human Action: Praxeology as a Chosen Methodology

It is well known in Austrian circles that the methodology of economics is praxeology; that is, one can discover economic laws by discovering the implications of the fact that individuals act purposefully. Praxeology is the study of purposeful behavior, it is therefore not concerned with those motions and movements of the body without volitional engagement. These …

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There’s No Difference Between a Kind Capitalism and a Greedy Capitalism

I’m responding specifically to sentiments I’ve seen expressed in the conservative world as of recent. I’ve noticed there’s been a large injection lately of attempts to piously criticize a sort of “greedy” or “profit-oriented” capitalism. All of this is nonsense on stilts, built on the foundation of what Mises called the “Anti-capitalist mentality.” It is …

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From the Ancien Regime to the Fabian Socialists and Beyond: The Rise of Statism

The End of the Old Order The 18th century marked a stunning challenge to the millennia of anti-individual and anti-liberty despotism, tyranny, and century-long economic stagnation.  Before this transitional era to the modern systems, societies were defined largely by the decision making power of the ruler in charge.  Such a ruler was especially susceptible to …

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Murray Rothbard Versus the Koch Libertarians

The following is an overview and summary, with little contribution of my own, of David Gordon’s three part series (part 1, part 2, part 3) on the relationship that Murray Rothbard had with the Koch Brothers. To understand the libertarian movement is immensely beneficial for the libertarian at all stages of development. It teaches the nuances in …

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Progressive Libertarians Against the Old Guard

In this post, I’ll go back to something from my blogging roots: commenting on libertarian movement politics. It’s been too long.  By libertarian movement politics, I do not mean how the Libertarian Party (which is arguably worthless, in my opinion; and has been since the Rothbardian purge) relates to electoral politics in general, nor do I …

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Keynes as Convenient Justifier of State Power

Mises makes a great point on the role John Keynes’ works played with respect to justifying state power. Rothbard (and Hoppe) later extrapolated on this theme, and I think it is important to remember. In sum, “academics” like Keynes merely offer to the politicians exactly what they wanted to hear: that the accumulation of increased …

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The Court Economists: Justification for Power

Mises: The great economists were harbingers of new ideas. The economic policies they recommended were at variance with the policies practiced by contemporary governments and political parties. As a rule many years, even decades, passed before public opinion accepted the new ideas as propagated by the economists, and before the required corresponding changes in policies …

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