Opinion of the Austrian School

[Redalgo]

HS, insofar as its adherents cling to archaic, classical liberal interpretations of individual freedom and human rights. Look to the Chicago school for practical, neoclassical counsel so long as you can remember the assumptions it makes about human nature are flawed, and that the prescriptions offered need to be filtered through political considerations beyond those of fine-tuning the engine of a market economy.

Personally, I also like to borrow ideas from the Freiburg School but - not really knowing which currents of economic thought are wisest - try to consider advice from them all on a case by case basis.