{"id":6777,"date":"2023-04-06T02:54:47","date_gmt":"2023-04-06T02:54:47","guid":{"rendered":"https:\/\/bitcoinfoundations.org\/?page_id=6777"},"modified":"2024-08-10T08:26:59","modified_gmt":"2024-08-10T08:26:59","slug":"austrian-economics","status":"publish","type":"page","link":"https:\/\/bitcoinfoundations.org\/?page_id=6777","title":{"rendered":"Austrian Economics"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"6777\" class=\"elementor elementor-6777\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8ubkabp elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8ubkabp\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fc33e9d\" data-id=\"fc33e9d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0277a21 elementor-widget elementor-widget-heading\" data-id=\"0277a21\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Part Three<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66c4eb3 elementor-widget elementor-widget-heading\" data-id=\"66c4eb3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Austrian Economics<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5812487 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"5812487\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-615e54b elementor-widget elementor-widget-text-editor\" data-id=\"615e54b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Uncover the timeless principles of Austrian Economics, emphasising individual freedom, sound money, and free-market policies. A primer on how this powerful framework fosters innovation and economic stability, laying the foundation for a thriving and prosperous society.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-87154f7 elementor-align-left elementor-mobile-align-center elementor-tablet-align-center elementor-widget elementor-widget-button\" data-id=\"87154f7\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/bitcoinfoundations.org\/?p=6720\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Lets Begin<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b13882c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b13882c\" data-element_type=\"section\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-37a9936\" data-id=\"37a9936\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-068a871 elementor-widget elementor-widget-ucaddon_uc_card_post_carousel\" data-id=\"068a871\" data-element_type=\"widget\" data-widget_type=\"ucaddon_uc_card_post_carousel.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start Post Carousel Lite -->\n\t\t<link id='font-awesome-css' href='https:\/\/bitcoinfoundations.org\/wp-content\/plugins\/unlimited-elements-for-elementor\/assets_libraries\/font-awesome6\/fontawesome-all.min.css' type='text\/css' rel='stylesheet' >\n\t\t<link id='font-awesome-4-shim-css' href='https:\/\/bitcoinfoundations.org\/wp-content\/plugins\/unlimited-elements-for-elementor\/assets_libraries\/font-awesome6\/fontawesome-v4-shims.min.css' type='text\/css' rel='stylesheet' >\n\t\t<link id='owl-carousel-css' href='https:\/\/bitcoinfoundations.org\/wp-content\/plugins\/unlimited-elements-for-elementor\/assets_libraries\/owl-carousel-new\/assets\/owl.carousel.css' type='text\/css' rel='stylesheet' >\n\n<style>\/* widget: Post Carousel Lite *\/\n\n#uc_uc_card_post_carousel_elementor_068a871 *{\n  box-sizing:border-box;\n}\n#uc_uc_card_post_carousel_elementor_068a871{\n  position:relative;\n  min-height:1px;\n}\n#uc_uc_card_post_carousel_elementor_068a871 .uc_image_carousel_content{\n\ttext-align:center;\n    display: flex;\n     flex-flow: column nowrap;\n}\n#uc_uc_card_post_carousel_elementor_068a871 .ue_post_carousel_item\n{\n  overflow:hidden;\n  \n}\n\n#uc_uc_card_post_carousel_elementor_068a871 .ue_post_btn_holder\n{\n  margin-top:auto;\n}\n\n#uc_uc_card_post_carousel_elementor_068a871 .uc_more_btn{\n\n  display:inline-block;\n  text-align:center;\n  text-decoration:none;\n} \n\n.uc_overlay_image_carousel .uc_more_btn{\n  text-decoration:none;\n  display:inline-block;\n}\n\n.uc_overlay_image_carousel .uc_post_title{\n  font-size:21px;\n  text-decoration:none;\n}\n\n#uc_uc_card_post_carousel_elementor_068a871 .owl-nav .owl-prev{\n    position:absolute;\n    display:inline-block;\n    text-align:center;\n}\n#uc_uc_card_post_carousel_elementor_068a871 .owl-nav .owl-next{\n  position:absolute;\n  display:inline-block;\n  text-align:center;\n}\n\n\n#uc_uc_card_post_carousel_elementor_068a871 .owl-dots {\noverflow:hidden;\ndisplay:true !important;\ntext-align:center;\n}\n\n#uc_uc_card_post_carousel_elementor_068a871 .owl-dot {\nborder-radius:50%;\ndisplay:inline-block;\n}\n\n<\/style>\n\n<div class=\"uc_overlay_image_carousel\" id=\"uc_uc_card_post_carousel_elementor_068a871\" data-custom-sethtml=\"true\" >\n   <div class=\"uc_carousel owl-carousel owl-theme uc-items-wrapper\">\n   \t\t<div class=\"uc_image_carousel_container_holder ue_post_carousel_item ue-Austrian Economics\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/bitcoinfoundations.org\/?p=6720\"><div style=\"background-image:url(https:\/\/bitcoinfoundations.org\/wp-content\/uploads\/2023\/04\/rukiegamer_people_buying_air_in_a_mars_colony_in_the_style_of_a_ae015971-9b71-4402-a4f1-f8fda80d9b0c-copy-768x512.jpg); background-size:cover; background-position:center; height:200px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/bitcoinfoundations.org\/?cat=63\">Austrian Economics<\/a><\/div>    <div class=\"ue_post_date\">03 April 2023<\/div>        <a href=\"https:\/\/bitcoinfoundations.org\/?p=6720\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">3.1 Fundamentals of Austrian Economics: Exploring the Principle of Scarcity<\/div><\/a>    <div class=\"ue_post_intro\">Economics is widely considered by the public as a pseudo-science. I remember even the very little...<\/div>    <div class=\"ue_post_btn_holder\"><a class=\"uc_more_btn\"  href=\"https:\/\/bitcoinfoundations.org\/?p=6720\">Read More<\/a><\/div>  <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item ue-Austrian Economics\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/bitcoinfoundations.org\/?p=6858\"><div style=\"background-image:url(https:\/\/bitcoinfoundations.org\/wp-content\/uploads\/2023\/04\/rukiegamer_A_well-dressed_businessman_standing_at_a_fork_in_the_95615a19-3107-4b7e-86f1-27edacefff37-768x512.png); background-size:cover; background-position:center; height:200px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/bitcoinfoundations.org\/?cat=63\">Austrian Economics<\/a><\/div>    <div class=\"ue_post_date\">27 April 2023<\/div>        <a href=\"https:\/\/bitcoinfoundations.org\/?p=6858\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">3.2 Exploring the Distinctions between Cost, Price and Value<\/div><\/a>    <div class=\"ue_post_intro\">Austrian economics is a school of economic thought that emphasizes the importance of individual...<\/div>    <div class=\"ue_post_btn_holder\"><a class=\"uc_more_btn\"  href=\"https:\/\/bitcoinfoundations.org\/?p=6858\">Read More<\/a><\/div>  <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item ue-Austrian Economics\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/bitcoinfoundations.org\/?p=6952\"><div style=\"background-image:url(https:\/\/bitcoinfoundations.org\/wp-content\/uploads\/2023\/05\/rukiegamer_Output_Photo_Still_Life_Shot_Subject_Water-Diamond_P_7bc66052-72bc-4406-8758-bc5de31d179e-768x512.png); background-size:cover; background-position:center; height:200px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/bitcoinfoundations.org\/?cat=63\">Austrian Economics<\/a><\/div>    <div class=\"ue_post_date\">04 May 2023<\/div>        <a href=\"https:\/\/bitcoinfoundations.org\/?p=6952\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">3.3 Unlocking The Mysteries of Value: The Water-Diamond Paradox<\/div><\/a>    <div class=\"ue_post_intro\">The Water-Diamond Paradox, a cornerstone of economic thought, questions how two goods with vastly...<\/div>    <div class=\"ue_post_btn_holder\"><a class=\"uc_more_btn\"  href=\"https:\/\/bitcoinfoundations.org\/?p=6952\">Read More<\/a><\/div>  <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item ue-Austrian Economics\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/bitcoinfoundations.org\/?p=7016\"><div style=\"background-image:url(https:\/\/bitcoinfoundations.org\/wp-content\/uploads\/2023\/05\/rukiegamer_the_scales_of_justice_in_the_style_of_aleksi_briclot_6eef4e22-b20b-4333-9adc-d1f6be3ff2bc-768x512.png); background-size:cover; background-position:center; height:200px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/bitcoinfoundations.org\/?cat=63\">Austrian Economics<\/a><\/div>    <div class=\"ue_post_date\">16 May 2023<\/div>        <a href=\"https:\/\/bitcoinfoundations.org\/?p=7016\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">3.4 Inflation: Navigating its Disastrous Consequences<\/div><\/a>    <div class=\"ue_post_intro\">Inflation, a term often heard yet seldom fully understood, is an economic phenomenon that impacts...<\/div>    <div class=\"ue_post_btn_holder\"><a class=\"uc_more_btn\"  href=\"https:\/\/bitcoinfoundations.org\/?p=7016\">Read More<\/a><\/div>  <\/div>\n<\/div>\n\n   <\/div>\t\n<\/div>\n<!-- end Post Carousel Lite -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Part Three Austrian Economics Uncover the timeless principles of Austrian Economics, emphasising individual freedom, sound money, and free-market policies. A primer on how this powerful framework fosters innovation and economic stability, laying the foundation for a thriving and prosperous society. Lets Begin Austrian Economics 03 April 2023 3.1 Fundamentals of Austrian Economics: Exploring the Principle &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/bitcoinfoundations.org\/?page_id=6777\"> <span class=\"screen-reader-text\">Austrian Economics<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":5104,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","two_page_speed":{"current_score":{"desktop_score":77,"desktop_tti":"0.6\u00a0","mobile_score":72,"mobile_tti":"2.3\u00a0","date":"10.08.2024 08:27:24 am","status":"completed"}},"footnotes":""},"aioseo_notices":[],"uagb_featured_image_src":{"full":["https:\/\/bitcoinfoundations.org\/wp-content\/uploads\/2023\/01\/rukiegamer_carl_menger_the_economist_in_the_style_of_lofi_10743407-2aeb-4e58-8ae8-e5c87f6069ae.png",2304,1536,false],"thumbnail":["https:\/\/bitcoinfoundations.org\/wp-content\/uploads\/2023\/01\/rukiegamer_carl_menger_the_economist_in_the_style_of_lofi_10743407-2aeb-4e58-8ae8-e5c87f6069ae-150x150.png",150,150,true],"medium":["https:\/\/bitcoinfoundations.org\/wp-content\/uploads\/2023\/01\/rukiegamer_carl_menger_the_economist_in_the_style_of_lofi_10743407-2aeb-4e58-8ae8-e5c87f6069ae-300x200.png",300,200,true],"medium_large":["https:\/\/bitcoinfoundations.org\/wp-content\/uploads\/2023\/01\/rukiegamer_carl_menger_the_economist_in_the_style_of_lofi_10743407-2aeb-4e58-8ae8-e5c87f6069ae-768x512.png",768,512,true],"large":["https:\/\/bitcoinfoundations.org\/wp-content\/uploads\/2023\/01\/rukiegamer_carl_menger_the_economist_in_the_style_of_lofi_10743407-2aeb-4e58-8ae8-e5c87f6069ae-1024x683.png",1024,683,true],"1536x1536":["https:\/\/bitcoinfoundations.org\/wp-content\/uploads\/2023\/01\/rukiegamer_carl_menger_the_economist_in_the_style_of_lofi_10743407-2aeb-4e58-8ae8-e5c87f6069ae-1536x1024.png",1536,1024,true],"2048x2048":["https:\/\/bitcoinfoundations.org\/wp-content\/uploads\/2023\/01\/rukiegamer_carl_menger_the_economist_in_the_style_of_lofi_10743407-2aeb-4e58-8ae8-e5c87f6069ae-2048x1365.png",2048,1365,true],"tenweb_optimizer_mobile":["https:\/\/bitcoinfoundations.org\/wp-content\/uploads\/2023\/01\/rukiegamer_carl_menger_the_economist_in_the_style_of_lofi_10743407-2aeb-4e58-8ae8-e5c87f6069ae.png",600,400,false],"tenweb_optimizer_tablet":["https:\/\/bitcoinfoundations.org\/wp-content\/uploads\/2023\/01\/rukiegamer_carl_menger_the_economist_in_the_style_of_lofi_10743407-2aeb-4e58-8ae8-e5c87f6069ae.png",768,512,false]},"uagb_author_info":{"display_name":"Ruki","author_link":"https:\/\/bitcoinfoundations.org\/?author=1"},"uagb_comment_info":0,"uagb_excerpt":"Part Three Austrian Economics Uncover the timeless principles of Austrian Economics, emphasising individual freedom, sound money, and free-market policies. A primer on how this powerful framework fosters innovation and economic stability, laying the foundation for a thriving and prosperous society. Lets Begin Austrian Economics 03 April 2023 3.1 Fundamentals of Austrian Economics: Exploring the Principle&hellip;","_links":{"self":[{"href":"https:\/\/bitcoinfoundations.org\/index.php?rest_route=\/wp\/v2\/pages\/6777"}],"collection":[{"href":"https:\/\/bitcoinfoundations.org\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/bitcoinfoundations.org\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinfoundations.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinfoundations.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6777"}],"version-history":[{"count":44,"href":"https:\/\/bitcoinfoundations.org\/index.php?rest_route=\/wp\/v2\/pages\/6777\/revisions"}],"predecessor-version":[{"id":7469,"href":"https:\/\/bitcoinfoundations.org\/index.php?rest_route=\/wp\/v2\/pages\/6777\/revisions\/7469"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinfoundations.org\/index.php?rest_route=\/wp\/v2\/media\/5104"}],"wp:attachment":[{"href":"https:\/\/bitcoinfoundations.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}