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This is a pretty shortsighted view of things. The various economic theories all have their insights and shortfalls… and there's no one theory to rule them all.
by jeffbax 9y ago
This is a pretty shortsighted view of things. The various economic theories all have their insights and shortfalls… and there's no one theory to rule them all.
Recommended: Marginal Revolution's "Game of Theories" https://www.youtube.com/watch?v=cYNVB5iqydk&list=PL-uRhZ_p-BM4_R3FckQlXiowp1WVtUhHD https://www.youtube.com/watch?v=cYNVB5iqydk&list=PL-uRhZ_p-B...
To call Austrian economics as something with zero support in mainstream academia or industry is really just revealing your own biases more than anything.