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That's why you shouldn't follow Austrian economics. Edit: also, Austrian economics is like pseudoscience, it isn't representative of real economics
by jshen 13y ago
That's why you shouldn't follow Austrian economics.
Edit: also, Austrian economics is like pseudoscience, it isn't representative of real economics
- icelancer 13y agoSome would say that the Keynesian model is psuedoscience for having untestable priors. I don't have a dog in the fight but neither do I think your screed against Austrian economics is an airtight argument.
- jshen 13y agoWhich model fits reality better? I think the answer is clear given the evidence. Edit: what are the priors you are speaking of.