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NOTE What is the essence of Austrian Economics?

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The essence of Austrian economics is that it's based on, in contrast to all other schools,

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including alleged free market schools of economics.

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The Austrian economics is based on an analysis of individual action,

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in other words, individuals doing things, having purposes and goals and pursuing them.

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This immediately sets us apart because all the other schools of economics deal with aggregates, groups, classes,

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hoes, one sort or another, without focusing on the individual first and building up from there.
