Tuesday, November 09, 2004

anarchist, socialist, or what?

From the new LvMI FAQ:

Are you conservative, libertarian, anarchist, socialist, or what?

We are Misesians! The media will typically describe all non-socialists as conservatives, so we are usually lumped in among them, though the actual orientation of the Institute is libertarian. This designation can encompass a wide range of thought from Jeffersonian classical liberalism to the modern anarcho-capitalism of Murray N. Rothbard (Mises's American student and the founding vice president of the Mises Institute). Nor do we insist on the term libertarian, because it can often create more confusions than it clarifies. The core conviction is what matters: peaceful exchange makes everyone better off; private property is the first principle of liberty; intervention destroys wealth; society and economy need no central management to achieve orderliness. Given these views, it would make sense that some of our biggest critics, apart from the predictable ones on the left, are often from varieties of right-wing thought (protectionist, imperialist, Luddite, moralist, etc.) that have their own agenda for what they want the state to do. Though the editorial policy of the Institute is rooted in strict attachment to principle, there is a great deal of diversity among our 200+ adjunct scholars. This diversity is on display at such conferences as the Austrian Scholars Conference. It is also correct to distinguish between Austrian economics as a value-free science and libertarian political economy, which is rooted in many different philosophical points of view. [back to faq]
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