link: http://ift.tt/1rigmq4
Hot And Trending...
Trending
- CEO who raised price of drug by 5000%
- March report "How Revolutions, Wars and Plagues are Harbingers of 'Great Changes' in Societies and in Economics" published. http://bit.ly/2y4LJZQ
- Economics in One Lesson
- It’s not just the White House with economists on the payroll. Nearly every government agency has somebody on staff giving economic advice. And what has it gotten us? Trillions of dollars in debt. http://bit.ly/2DbGc4e
- Keynesian Hedge Fund Manager Ray Dalio Agrees with Peter Schiff on Fed's Next Move @SchiffGold https://t.co/96aepOXtlI
- #Draghi is wrong. QE and negative interest rates do not promote economic growth in the Eurozone they are impediments to growth!
- Knowing the difference between currency and money is critical to making smart decisions about preserving wealth: https://t.co/lFjOYROT4I
- June report "Do You wish to live like a Laissez-Faire Capitalist or be ruled by Interventionists?" published. https://bit.ly/2y4LJZQ
- Ben Carson Illustrates Political Class Devotion to Central Planning @SchiffGold https://t.co/NUWw43UNSY
- From one of the Precious Metals Specialists @SchiffGold – Rate Hike Hype & Gold http://bit.ly/1YKTx9H
Tuesday, April 19, 2016
What can a neoclassical economist learn from Austrianism?
[Or, what is and is not strictly predicated on praxeology?] Hi all. Neoclassically inclined dabbler in economics here. I have a question that is too outside my knowledge base to be able to answer myself, but I bet some educated person here might well be able to help me. I've seen even the Austrianism's harshest and ideologically opposed critics give the school credit for a few important developments. In addition, the admittedly small amount of Austrian-produced material I've seen is often very clear-cutting. As such, though I am not an Austrian economist myself, I feel it's important, basically, not to throw out the baby with the bathwater, if you'll forgive the idiomatic slight. With that in mind, of the large body of work in the Austrian school, are there, in the broad sense, any elements that aren't strictly predicated on Autrianism's axiomatic methodology? Or any general way to tell the difference? I may not be able to accept Austrianism's approach to economics, but neither do I wish to leave any compatible knowledge and insight on the table if it is there for the taking.