We know that it is hated by positivists from Friedman to Keynes. We also know it is criticized for being unscientific and deductive in its formulation. It is not derived by the scientific method, per se. It is a claim about the pretense of knowledge: of price signals, of the how interest rates work,…

philosophers were anti-economics and anti-mises in the past. Mises wrote openly about such tensions. Do modern philosophers reject statements such as that voluntary trades occur due to ex-ante value inequalities of agents whereby they both benefit?If they do so much the worse for them. It seems yo…

calling yourself an experimental economist somehow proves that economic truth can be learned experimentally like a physical science?

No, but earning a Nobel prize and the esteem of colleagues sure makes you wonder…

Makes you wonder how someone like Krugman can propound the boken window fallacy and not have his prize revoked

Austrian methodology overly relies upon folk psychology , as far as I’m concerned. I would like to see an Austrian economist seriously grapple with Paul and Patricia Churchland’s eliminative materialism . Could you tell me why they would have to? I’d seriously like either of them to grapple with th…

Why wonder? All economics prizes are awarded by central banks.

It’s even funnier because Vernon Smith calls himself a Hayekian, and he most certainly would never dare call himself a neo-classical in the same vein of the poster bearing the same name.

Vernon Smith is a Hayekian because he advocates “ecological rationality” over “constructivist rationality,” and he has a particular interest in Hayek’s psychology. Of course, that no way is the same as endorsing a Misesian methodology, which you seem to imply. And, furthermore, what makes Smith a H…

Grayson Lilburne, think you can handle it? I know where you’ll go… “The physical sciences study non-human phenomena, but you wouldn’t describe a train stop as a movement of elementary particules, would you? You’d decide the motives and purpose action of the people present. QED.” My big question: …

Is ABCT 'postmodern'?

Economics Economics Questions

Lilburne July 30, 2010, 11:48pm 49

Neoclassical,

Care for a one-on-one debate over methodological dualism?

Refutations of The Austrian Business Cycle/Austrian Economics

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Is ABCT 'postmodern'?

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