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The Austrian school has gotten nothing right, and if it ever became influential it would spell the end of capitalism. If Austrian were allowed to hold sway, Ma
by QuesnayJr 7y ago
The Austrian school has gotten nothing right, and if it ever became influential it would spell the end of capitalism. If Austrian were allowed to hold sway, Marx' idea that capitalism contains the seeds of its own destruction would prove true.
- RhodesianHunter 7y agoThe Austrian school gets everything right. Like a broken clock is right twice a day, Austrian adherents endlessly predict recession and are eventually right, though anyone who invested based in their theses loses their shirt.
- QuesnayJr 7y agoFair enough.