The Free Market Center
In addition to clear economic theory, one needs to apply that theory on a consistent basis. For that reason we have adopted the methodology of the Austrian school.
The importance of The Austrian School of Economics may lie in its methodology as much as it does in its theories. Austrian economists have realized that the human systems studied in economic exhibit a level of complexity precludes theoretical understanding from empirical evidence alone. Thus, we must develop and test economic theories based on the use of fundamental principles or axioms and the application of deductive reasoning.
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