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by shard972
4624 days ago
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> They essentially reject math as a tool, and insist that unless you implement their preferred systems 100%, then they won't work at all What? What Austrian has ever said that? Austrian's very rarely deal with absolutes in the real world and mainly deal with relative analysis (If you go with X bad policy, these negative things can occur). > then they won't work at all, and then explain all observed failures by claiming that it would have worked better if things had been pushed further. What occurrences are you referencing when an Austrian got policy control? > and quite frankly I see way too many words and far too little math coming out of their camp to buy any of it. They reject the idea that maths is a useful tool in economics due to it being a social science. |
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