Austrian Economics

Economics is an a priori science whose propositions can be given a rigorous logical justification. This distinguishes Austrians from all other economic schools. All the others conceive of economics as an empirical science, as a science like physics, which develops hypotheses that require continual empirical testing.

Libertarianism

If one wanted to summarise libertarianism in one word there are a few key contenders: contract, property, self-ownership, non-aggression, and voluntarism. The initiation of force is unjustifiable. The state is a monopoly of ultimate decision making over a given territory with the ability to tax. It's existence is pernicious and institutionalised aggression. 

Science of Human Action

“Praxeology” was Mises’s explicit and self-conscious elaboration of this venerable procedure for discovering the causal laws governing market phenomena. The praxeological method begins with the self-evident reality of human action and its immediate implications.

PEace

A failure of states to function properly. Statism and war are one and the same. What is usually called “war” is nothing but statism taken to its ultimate conclusion. And what is usually called “statism” is nothing but war stopped short of reaching its ultimate conclusion.

Freedom

Every man and woman must have freedom, must have the scope to form, test, and act upon their own choices, for any sort of development of their own personality to take place. They must, in short, be free in order that they may be fully human.

Justice

Justice may be found at the meeting of theory and practice—of deduction, institutions, and the details of specific cases. Sound theory functions as a service to legal practitioners, enabling them do their jobs more easily and reliably.