How can anyone possibly defend Austrian Economics? Their epistemology

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Anonymous
2017-03-02 01:40:46 Post No. 2442211
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Anonymous 2017-03-02 01:40:46 Post No. 2442211 [Report]

How can anyone possibly defend Austrian Economics? Their epistemology is basically faith-based, since they believe evidence counts for nothing in economics, and since economic events have tons of variables, they can just prance around and say that things went according to their theory and you can't prove them wrong.

Do libertarians like them because being an Austrian doesn't actually take the effort of researching and shit?

Anonymous 2017-03-02 01:54:09 Post No.2442277
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Anonymous 2017-03-02 01:54:09 Post No.2442277 [Report]

Not all Austrians are praxeologists

Anonymous 2017-03-02 02:01:58 Post No.2442305
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Anonymous 2017-03-02 02:01:58 Post No.2442305 [Report]

My argument is that they definitely do empirically reason, just not intensely statistically.

Carl Menger must be read in order to grasp high levels of the logical formulations of Austrian, Neoclassical, and Keynesian schools. So he's pretty cool, I guess.

How can anyone possibly defend Austrian Economics? Their epistemology

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