[hazov]

Schiff also predicted a hyperinflation that never came, actually he just repeated what Rothbard said in some books. He was wrong when he wrote that and still remains wrong, maybe sometime in the eternity he will be right.

Actually for me from the point of view of Mises and his praxeology everyone who uses his methodology to advise a policy is just guessing and expecting that his views are coherent with reality.[1]

Austrian school is very deep, and not a monolithic bloc like mises.org loves to say, there were Austrian economists who were not Mises and disagreed with his methodology, including Machlup and Wieser who were Mises student and teacher respectively.

[1]: More of that in here: http://mises.org/mofase/ch4.asp It's just my interpretation of his view.