glyph 500: book, economics, human action, praxeology, Ludwig von Mises, Murray N. Rothbard ... market economics ... boundaries, limits ... order, spontaneous order, designed order, extended order . F. A. Hayek ... freeorder: economics for explorers, especially for entrepreneurs who want to know how what they do fits into the patterns of the world ..... the economics of freeorder
An approach to economics: Ask yourself what happens if the origins of goods are conserved by a general and regular observation of boundaries assuring that producers maintain control of whatever goods they produce until they consume, give, or exchange them. Then assume that such respect for boundaries is extended to those who receive goods as gifts or in exchange. If such boundaries are maintained a result occurs that Hayek describes as an "extended order" utilizing more information and intelligence than is possible any other way. An explanation of the generation of this order, beginning with the simplest concepts of individual human actions is provided by Murry N. Rothbard in Man, Economy, and State. This is the economics explorers must understand if we wish to make and preserve a world in which we can live well while expressing the virtues characteristic of explorers. The Ludwig von Mises Institute has made this book available as a free pdf download (table of contents, small file), (large file, 1370 pages, 12.7 MB) an essential book in the library of Explorers Foundation.
March 7, 2010