Opinion of the Austrian School (user search)
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  Opinion of the Austrian School (search mode)
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Author Topic: Opinion of the Austrian School  (Read 5419 times)
Sol
Junior Chimp
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Posts: 8,138
Bosnia and Herzegovina


« on: June 30, 2014, 10:06:28 AM »

I'm curious. I've been learning about the Austrian School recently, and I'd like to read some in-depth critiques since the presentation I've been receiving, while useful, is also rather biased.
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Sol
Junior Chimp
*****
Posts: 8,138
Bosnia and Herzegovina


« Reply #1 on: June 30, 2014, 10:21:45 AM »

It is rather biased. At the same time, to a certain degree, it's as biased as the Keynesian school or whatever they teach us in college. If you read the earlier books from people like Carl Menger, you realize most of the discoveries in economic thought have been from the Austrian school. Don't pay attention to clowns like Rothbard that are bias. Mises and Carl Menger are good. Hazlitt is good too. Hayek as well. After that, the more recent austrians are a little unintellectual although they are usually right.

By bias, I meant that the way it has been taught to me has been largely presented from an Austrian perspective- I'd like to hear a sort Keynesian rebuttal.
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