4 ms·

Ah, is there anything about Austrian economists I'm missing?

• minikites 9y ago
  It's more of a religion than a useful tool: https://en.wikipedia.org/wiki/Praxeology https://en.wikipedia.org/wiki/Praxeology >Austrian economics relies heavily on praxeology in the development of its economic theories. Austrian School economists continue to use praxeology and deduction, rather than empirical studies, to determine economic principles.
• pbhjpbhj 9y ago
  https://www.investopedia.com/articles/economics/09/austrian-school-of-economics.asp https://www.investopedia.com/articles/economics/09/austrian-... >"The Austrian school believes any increase in money supply not supported by an increase in the production of goods and services leads to an increase in prices, but the prices of all goods do not increase simultaneously." //