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It is the mission of the Mises Institute to restore a high place for theory in economics and the social sciences, encourage a revival of critical historical research, and draw attention to neglected traditions in Western philosophy. In this cause, the Mises Institute works to advance the Austrian School of economics and the Misesian tradition, and, in application, defends the market economy, private property, sound money, and peaceful international relations, while opposing government intervention as economically and socially destructive.
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Jeffrey Tucker interviews Hans-Hermann Hoppe, Distinguished Fellow with the Ludwig von Mises Institute and Professor Emeritus of Economics at the U...
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Austrian economics is indeed not a science in the way that chemistry or physics is a science. However, it is a science in the way that logic is a science. If you're going to reject Austrianism on those grounds, then you have to also reject other branches of learning that work in similar ways - mathematics for example.
You say that all principles have to be open to scientific verification. Well, here's an example to the contrary - if Person A trades a basket of eggs for a hammer with Person B that means that Person A values the hammer more than the eggs and that Person B values the eggs more than the hammer, right? That's obviously true. However, there is no way that that can be scientifically verified or falsified.
Also, could you please point to all the privatization and deregulation that has been contributing to America's downfall?