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Yes. I am entirely comfortable in saying that the economic consensus is strongly against the Austrian and Chicago perspectives. Both of these schools value prio
by jasonwatkinspdx 6y ago
Yes. I am entirely comfortable in saying that the economic consensus is strongly against the Austrian and Chicago perspectives. Both of these schools value prior ideology over empirical data. It's a "debate" on forums like this, but not even remotely so amongst the economists I talk to.
- dragonwriter 6y ago> Both of these schools value prior ideology over empirical data. Austrian overtly so, Chicago less so, but, yes, its another issue that "is economics an empirical science" is also a controversial position in economics. > but not even remotely so amongst the economists I talk to. That's a very different claim than your original one. That last qualifier does quite a bit of work.
- jasonwatkinspdx 6y agoYeah, it does the work of every actual credentialed economist I know has nothing but utter contempt for praxeology. As should be. As should you, if you cared enough.