Opinion of the Austrian School (user search)
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  Opinion of the Austrian School (search mode)
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Poll
Question: ?
#1
FS
 
#2
HS
 
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Partisan results

Total Voters: 60

Author Topic: Opinion of the Austrian School  (Read 5374 times)
Deus Naturae
Deus naturae
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« on: July 31, 2014, 10:30:46 PM »


As real as people want it to be. If there was a school of thought based on self-fulfilling prophecy, its this one.
What does this even mean? I'm sorry but this sounds like something AD would post.
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Deus Naturae
Deus naturae
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Posts: 3,637
Croatia


« Reply #1 on: August 02, 2014, 09:14:24 PM »

HS, insofar as its adherents cling to archaic, classical liberal interpretations of individual freedom and human rights.
Austrian economics has nothing to do with either of those. It's possible to adhere to the Austrian School and support a central bank, for example. You just need to believe that boom/bust cycles are a good thing.
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Deus Naturae
Deus naturae
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Posts: 3,637
Croatia


« Reply #2 on: August 02, 2014, 09:36:42 PM »

It only explains business and work if you believe it does
Isn't that true of literally every belief system, ideology, school of thought, etc ever?
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Deus Naturae
Deus naturae
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Posts: 3,637
Croatia


« Reply #3 on: August 08, 2014, 09:19:49 PM »

Where is this idea that sociology can't be quantitative coming from?

Have any of the ignorami making this claim even looked at a sociology paper published in the last thirty years?
Any social science can and must be statistical or have some way to show evidence for its claim. Things you can't prove is called faith.
Austrian economics just makes a distinction between economic theory and economic history. Rational thought experimentation is the only thing needed to formulate sound economic theory. You can then compare that theory against the statistical record, and if they don't match either the statistics are the outcome of other factors or your reasoning was flawed somehow. But, if your reasoning is correct, it's impossible for your theory to be wrong.
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