Economics as the Study of Peaceful Human Cooperation and Progress

'..Mises's emphasis on how specialization and exchange lead to social cooperation, and Hayek's point that exchange is about turning enemies into friends. Economics is a lot more than an explanation of material progress. It helps us understand the growth of civilization and social cooperation, and how we are able to turn our swords and spears into plowshares and pruning-hooks.'

- Economics as the Study of Peaceful Human Cooperation and Progress, December 25, 2019



Context

(Haptopraxeology) - Students of Civilization

Hayek Was Right, Keynes Was Not An Economist - '..Keynes ducks entirely the role of bank credit in inflating the money-quantity..'

(Banking Reform - English/Dutch) '..a truly stable financial and monetary system for the twenty-first century..'