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I wouldn't call Austrians anti empirical. Many modern Austrian schoolers are scholars of economic history. Also, economics, specifically macro is very hard to
by netcan 17y ago
I wouldn't call Austrians anti empirical.
Many modern Austrian schoolers are scholars of economic history. Also, economics, specifically macro is very hard to study empirically.
I would call them hard headed
Personally, I would argue that economists see themselves too much as scientists, not too little. I would prefer they place themselves closer to sociology, political science & farther from biology & chemistry. Less deference to abstract first principles.