link: http://ift.tt/1rigmq4
Hot And Trending...
Trending
- March report "How Revolutions, Wars and Plagues are Harbingers of 'Great Changes' in Societies and in Economics" published. http://bit.ly/2y4LJZQ
- The Aug. Empire State Manufacturing Index plunged to -14.92, its lowest level since April 2009, missing expectations by the most since 2010!
- "Despite the fact that I support Trump over Hillary, I think Trump really blew an opportunity with this debate.” https://t.co/sKlJyu2pCG
- Peter Schiff, now in 60FPS!
- March report “The Dilemma between the ethical and virtuous versus the pragmatic and opportunistic capitalistic System" published. http://bit.ly/2y4LJZQ
- New Tax-Free Gold & Silver Buying Guide & $10K Reporting Myth @SchiffGold https://t.co/4zRcwito0Q
- #Obama peddling more fiction. He's taking credit for job creation when 88% of jobs created in Fed. were part-time, & 80% paid minimum wage!
- In memory of my father Irwin Schiff, who died 1 year ago today, listen to this radio show aired on Father' Day 2005. https://t.co/dpLBvG6CZu
- MF Global: Heed the Warning https://t.co/hqLGtrISku @SchiffGold
- The Atlanta Fed just dropped its Q3 GDP estimate to 2.2%, down for 3.8% a month ago. The Fed's alleged case for a rate hike is fading fast!
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.