4 ms·
I'm not austrian (for example, I believe that the velocity theory of monetary value is partially true). You're the one that boxed me into that category. Only
by dnautics 6y ago
I'm not austrian (for example, I believe that the velocity theory of monetary value is partially true). You're the one that boxed me into that category. Only about 20% of what they say is any good, but those parts are definitely not being said by anyone else.
- notahacker 6y agoI didn't say you were an Austrian, though I must admit I'm intrigued by what you think they are saying that is useful and nobody else says (even arguments favouring gold standards are not unique to Austrians; a priori praxeology, perhaps, but I would have difficulty concluding their a priori praxeology was "any good"). At a stretch, maybe Hayek's free banking, but then others have described natural experiments with free banking but just reached somewhat different conclusions...
- dnautics 6y agos/nobody else/the major economic schools/ So like chicago, keynes, socialism, mmt (which admittedly is niche) Better?