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Von Mises is generally a laughing stock in academia. Only the internet thinks he's worth dusting off. Von Mises has been missing from proper economic discussi
by JohnHaugeland 4y ago
Von Mises is generally a laughing stock in academia. Only the internet thinks he's worth dusting off.
Von Mises has been missing from proper economic discussions in academia for half a century. He predates when economics was a science, and was expected to produce things that matched the data.
Absolutely nobody with any actual training would take his name seriously in practice. Naming him in a non-critical is like mentioning Ivermectin - a red flag that everything you know about the topic comes from social media. You might as well bring up Dr Sebi.
- alangibson 4y agoGetting your economics from Von Mises is like getting your science from Aristotle.
- lamontcg 4y agoTo be clear, I agree.
- webXL 4y agoThat's largely because academia favors central planning and doesn't trust those without a graduate degree to make socially optimal choices. They want to be the planners the masses depend on and Mises tried to show that desire was problematic from a first-principles, liberty-oriented perspective. What's really laughable is that academia thinks its policy prescriptions play no role in the ongoing economic mismanagement despite all evidence to the contrary and the predictions of the Austrian school. Your need to smear the name of Mises with unrelated controversies is also very telling. Why not let the theories speak for themselves?
- JohnHaugeland 4y ago> Why not let the theories speak for themselves? They did. That's what the "doesn't match the data" part was. It's just that you haven't ever actually studied this, and are trying to wing your way through fake criticism, the way the kid who never read the book does their book report. Buzzer sound.