4 ms·
The Austrian school is pretty famous for rejecting empiricism and basically saying it's their way or nothing; it may come to valid conclusions but because they
by nimish 6y ago
The Austrian school is pretty famous for rejecting empiricism and basically saying it's their way or nothing; it may come to valid conclusions but because they reject any evidentiary evaluation of their assumptions its unfalsifiable (and therefore not a scientific way of approaching the world)
If their conclusions didn't happen to support those in power and capital in particular, they'd be just another meaningless research group.