Austrian Process

Austrian Economics, applied.

Austrian Economics explains how economies grow, why booms become busts, and why central planning fails. Through the lens of individual choice and time. These tools make those ideas tangible.

Start Here — Onboarding Guide

Introduction to the Austrian Process

This platform translates the theoretical insights of the Austrian School of Economics into interactive models and data dashboards. Grounded in the works of Ludwig von Mises, Friedrich Hayek, and Ludwig Lachmann, these tools demonstrate how human actions, time preference, and price signals coordinate capital production. We recommend exploring them in this progression:

1
Read Why Austrian

Understand the practitioner's critique of mainstream equilibrium models in the Why Austrian essay.

2
Explore the Garrison Triangle

Interact with the Garrison Triangle model to visualize how consumption and investment decisions coordinate over time.

3
Try the Calculation Problem

Test your resource allocation coordination limits in the Calculation Problem simulator.

4
Test yourself with the Quiz

Assess your knowledge of cycles, pricing systems, and capital theory in The Quiz.

5
Ask Austrian

Query the economic research assistant Ask Austrian.

6
Browse The Shelf

Consult foundational summaries and thinkers list in The Shelf.

Philosophy I

Why Austrian

What it shows: An institutional practitioner's critique of mainstream equilibrium models and a defense of subjectivism, time preference, and capital structure. Why it matters: Explains why mathematical models fail to explain real-world coordination. How to use it: Read the structured essay to explore Mises, Hayek, and Lachmann's core arguments.

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Model II

The Garrison Triangle

What it shows: How consumption and investment decisions are coordinated across stages of production over time. Why it matters: Illustrates how interest rate manipulations corrupt price signals, causing malinvestments. How to use it: Adjust the time preference slider to shift resource allocation.

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Data III

Interest Rates

What it shows: The Federal Funds Rate alongside historical cycles of central bank credit expansion. Why it matters: Demonstrates how interest rate suppression distorts price signals. How to use it: Toggle different historical recession cycles to view rate movements.

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Planner IV

The Calculation Problem

What it shows: A central planning simulator where the user attempts to allocate capital goods without price signals. Why it matters: Demonstrates Mises's thesis that rational allocation is impossible without property rights and prices.

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AI Assistant V

Ask Austrian

What it shows: An economic research assistant trained to respond strictly using Austrian literature. Why it matters: Grounded in verified texts to prevent generic AI hallucinations and outcomes claims.

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Test VI

The Quiz

What it shows: Randomized conceptual testing on the business cycle, spontaneous order, and sound money. Why it matters: Helps solidify key economics terminology and structural theory.

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Library VII

The Shelf

What it shows: Curated library of foundational texts by Mises, Hayek, Lachmann, and Rothbard. Why it matters: Acts as the conceptual foundation for all tools and the Mannheim practice.

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Explainers VIII

Explainers

What it shows: Conceptual briefs translating Austrian theory into core investment insights. Why it matters: Connects abstract economic concepts to the reality of capital coordination.

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Notes IX

Reading Notes

What it shows: In-depth analyses of foundational texts with key summaries and investor relevance. Why it matters: Grounded study of books like Human Action and Prices and Production.

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About the Author

Ashok M, CA · CFA has spent over two decades in capital markets, including roles in equity research and asset allocation. He is the founder of Mannheim Capital, a wealth practice grounded in time-preference coordination, capital structure soundness, and business cycle analysis, where he works as an AMFI Registered Mutual Fund Distributor (ARN: 267503).

Austrian Process was conceived to translate the insights of Ludwig von Mises, Friedrich Hayek, and Ludwig Lachmann into practical, visual tools for capital allocators, investors, and students of economics.

Intellectual Frameworks & Portfolio Practice

The theoretical concepts explored on Austrian Process serve as the intellectual foundation for the investment philosophy at Mannheim Capital. While this educational platform models pure economics, the underlying principles guide how Ashok M approaches asset placement:

  • Capital Heterogeneity: Recognizing that capital is not a single, uniform fund but a complex structure of distinct assets arranged in time. This informs why Mannheim focuses on duration and time-horizon matching rather than simple, undifferentiated asset mixes.
  • Credit Cycles & Signal Distortion: Understanding how monetary policy and artificial credit expansion distort price signals and interest rates, creating false booms. This theoretical perspective underpins Mannheim's absolute rejection of short-term market timing in favor of stable, savings-aligned allocations.
  • Plan Coordination: Accepting that markets are processes of ongoing plan alignment under uncertainty. This limits our expectations of forecasting and emphasizes robust, disciplined portfolio structures that can navigate unexpected market phases.

This description is educational in nature to explain the theoretical connection between the two platforms. It does not constitute investment advice, financial planning, suitability recommendations, or a solicitation of any service.

Educational Disclaimer: Austrian Process is an educational platform. It does not constitute investment advice, financial advice, or a recommendation to buy, sell, or hold any investment product. Ashok M facilitates mutual fund execution services solely as an AMFI Registered Mutual Fund Distributor (ARN: 267503).

If This Resonates

If the way of thinking here matches how you think about your own capital, Mannheim Capital is where these ideas are put into practice — mutual fund distribution and long-term placement, run by Ashok M, AMFI Registered Mutual Fund Distributor (ARN: 267503).

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Mannheim Capital does not provide portfolio management, investment advisory, or financial planning services. It facilitates mutual fund distribution and administration for individuals and families who share this approach to capital.

Created by Ashok M, CA · CFA
Founder, Mannheim Capital