Why does anybody still take Austrian economics seriously?
>>140101731
There are several schools within Austrian economics that disagree. Ignoring the quote-mining.
>>140101731
No idea. It's retarded nonsense.
>>140102797
And all of those 'schools' are completely wrong. The Austrian School doesn't even hold itself to the standards of needing evidence or anything to back up its 'theories'.
There's a reason Keynesianism and post-Keynesian economics dominate traditional thought.
>>140104770
Traditional thought is Classical and neoclassical. About the only time Keynesianism was practiced was during the 'golden age of capitalism' from ~1945-1971.
>>140105141
We've been Keynesian-Monetarist since the late 70s or so I'm pretty sure.
>>140103574
>No idea. It's retarded nonsense.
THIS IS WHAT THE KEYNESIAN ACTUALLY BELIEVES.
BAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAA
>>140103574
CENTRAL BANKING AND REGULATIONS WOR-
BAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAH
>>140103574
>>140103574
PEDOPHILE JEWISH OCCULTISTS IN BLACK ROBES LAUGH THEIR ASSES OFF IN BLACK ROBES WHILE THEY PRINT MONEY FOR THEIR MASONIC LODGES.
AHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHA
>>140103574
>THE KEYNESIAN ACTUALLY BELIEVES BREAKING WINDOWS STIMULATES THE ECONOMY
HOLY SHITTTTTTTTT
BAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHAHAHHAHHAHHAAAHAHAHAHHAHA
>>140105716
No, that'd be a brief stint of monetarist then neoclassical. Keynesians aren't market fundamentalists.
>>140105838
>unintelligible screeching
Yeah, that's about what I expect. Welcome to the filter. :)
>>140106465
until the day i die i will grasp at every opportunity to clench the blood of subhuman communist scum in my hands.
no matter what letters or numbers you spew from your garbage mind and body you cannot disprove what is true. you are socialist scum and you know it. you are the subverted and the subverter.
you will not know peace.
>>140106816
> Posts graphic about information and decision making processes
> Is an Austrian
> Doesn't realize that without necessarily broad and well-designed regulations there will be massive information asymmetry in the economy which will massively harm consumers.
>>140101731
do you think anyone takes keynesian economics seriously? everyone is stockpiling bitcoins, gold, and ammunition.
>>140109641
Only ammunition. The others are easy to get with said ammunition
>ib4 Bitcoin private key haha
What do I care. They get lost and make the others which I got because the other cuck without ammunition valued his live (or that of his unarmed family) more than the coins he gave me
>>140109641
> everyone is stockpiling bitcoins, gold, and ammunition.
Do you seriously believe that?
> Everyone
If by that you mean a very small minority of paranoiacs on 4Chan and places like INFOwars, then sure
people need justification for their nihilism
>>140109641
>do you think anyone takes keynesian economics seriously
yeah, people with economics degrees
inb4 shotty ''rebuttals'' and quote min ing