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> Next time you want to argue regarding economics, please argue with actual theoretical knowledge rather than some flimsy theoretical base that you have created
by jwallaceparker 15y ago
> Next time you want to argue regarding economics, please argue with actual theoretical knowledge rather than some flimsy theoretical base that you have created in your own mind.
I can't imagine a better base for economics knowledge than Henry Hazlitt's "Economics in One Lesson."
> I know every economics model there is in and out.
Then you should be familiar with Austrian economics.
Though that is probably not covered in an "advanced degree in economics!"
- ahsanhilal 15y agoWell of course there is that other Austrian Economist, you know the one produced the Chicago School of Thought with Milton Friedman: Friedrich Von Hayek, who is one of the biggest reason that monetary economics came to the fore. And with all due respect Henry Hazlitt, as brilliant as he was as a public intellectual, he is not an economist that is often taught in curricula. Economics is highly quantified and Hazlitt's contribution was economic philosophy. And here is a concise history of Austrian School of thought, most of which came from London School of Economics post-1930, Nowhere does anyone mention Hazlitt: http://www.econlib.org/library/Enc/AustrianSchoolofEconomics.html http://www.econlib.org/library/Enc/AustrianSchoolofEconomics...