Except they dont really explain anything in the economy
Posted on: April 26, 2020 at 10:53:57 CT
SparkyStalcup MU
Posts:
24142
Member For:
13.04 yrs
Level:
User
M.O.B. Votes:
0
for the most part. There are some things such as Hayek's statements about time preferences that have some merit. But one of the main knocks on Austrians is that they insist that their explanations have merit, but that no one can prove them wrong or right since Austrians claim that statistical evidence isnt valid as a measure of the accuracy of their explanations.