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I am a fan of Austrian economics and von Mises and Hayek. However I think you are seriously mis-characterizing them. The von Mises Instiute is a very finge eve
by nickik 8y ago
I am a fan of Austrian economics and von Mises and Hayek. However I think you are seriously mis-characterizing them.
The von Mises Instiute is a very finge even within the Austrian tradition. They are essentially Hard Core Southern Rothbardians. They mis-characterize Mises as the perfect pre-Rothbard.
Peter Schiff in particular is not even an Austrian economist and he widely mis-characterizes the Austria Business Cycle theory.
If you want to learn actual Austrian Economics monetary economics go read Selgin, White, Horowitz. In general the GMU Austrians are far better then anything that comes out of the Mises institute.
- philwelch 8y agoThe Rothbardians seem like the libertarian equivalent of Marxists; a bunch of people who suddenly discovered, "hey, our political ideology sounds a lot less like a political ideology if we tell everyone it's just Economics! Also, the entire field of economics is lying to you because it's a conspiracy."