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Austrian economics is the antithesis of mathematical economics. http://en.wikipedia.org/wiki/Austrian_School#Analytical_framework http://en.wikipedia.org/wiki/A

Austrian economics is the antithesis of mathematical economics. http://en.wikipedia.org/wiki/Austrian_School#Analytical_framework http://en.wikipedia.org/wiki/Austrian_School#Analytical_fram... Many libertarians latch on to austrian economics because they already agree with the conclusions austrian economists come to, and it's easy for lay people to understand. Conversely, it takes quite a bit more effort to understand a neoclassical dynamic partial equilibrium model.

araneae 17y ago
I perhaps should have explained a bit more clearly. The Austrian school relies on mathematical proof, as opposed to experimentation and the resulting analysis with statistics. Yes, statistics is math, but hardly anyone who finds logical rigor psychologically satisfying gets the same enjoyment out of a p-value of .082.