🏛️ Austrian Economics 101

The school of thought behind Bitcoin's design

Bitcoin didn't come from nowhere — it came from a specific tradition in economics. Five short lessons on the Austrian School: why it starts with individuals instead of aggregates, where value actually comes from, what prices are really saying, and its theory of why booms end in busts. One school among several, presented as the one that shaped Bitcoin.

The Lens

Where the school came from, and why value sits in people rather than things.

  1. 🧭 What Makes an Economist "Austrian"?
    A school that starts with people, not dials and levers.
  2. ⚖️ Subjective Value
    Why diamonds cost more than water — until they suddenly don't.

Signals & Cycles

Prices as messages, money as the message everything else is written in — and what happens when it lies.

  1. 📉 Sound Money & Prices as Signals
    Every price is a message. Distort it and people act on a lie.
  2. 🎈 Boom, Bust, Repeat
    The Austrian theory of why booms keep ending the same way.

The Connection

Why the theory keeps leading back to Bitcoin — and where its own adherents disagree.

  1. 🟠 Why Austrians Love Bitcoin
    The connection — plus the honest caveat, and a course recap.