Austrian Economics Mug
A school of economics advocating free markets. It was founded by Austrians who were called Austrians as a pejorative by Germans, who considered themselves more civilized because of their modern, socialist state (via Bismark). Later, the Austrian economists left Austria, some not before the civilized Germans took over Austria (via Hitler). They came to America, and were still called Austrians, Probably because of their funny mustaches and names. Austrian Economists include Mises, Hayek, and Rothbard. Say those with a straight face. Not to be confused with Chicago School economists Knight, Friedman, and Sowell. These names are more sober. Arch enemies inside academia and out include Keynesians, politicians, and corporatists. Doing the right thing tends to put these people out of a job. The economic theory warrants the end of the Fed and a return to sound money. A general lack of government intervention, which would allow individuals to make their own choices and organize from the bottom-up. Austrian Econ entails everything the motivational speakers at your high school say (individualism, making choices for yourself, making sure to choose good friends), but applied everywhere. How could both groups be wrong?
The Urban Dictionary Mug
Customer Reviews
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They managed to squeeze the (edited down) definition onto the side of the mug in its entirety, so no complaints! Was worried it was going to cut off in the middle of a word or something.
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