[atwrk]

Contrary to serious economists Austrians try very hard to avoid specific forecasts, but we all can nonetheless look at their writings and compare what actually happened during every crisis in the last 50 years - and nothing Austrians are postulating proved correct. Or just look at the very last, covid caused one: If you'd been doing prognoses with textbook keynesianism regarding inflation, demand, stimulus effects and so on, you'd been pretty spot on. Just read the old blog posts from krugman from 2020 onwards as an example. The Austrians, by comparison, predicted 5 of the last 0 hyperinflation scenarios correctly.