06-04-2016, 12:29 AM
(06-03-2016, 07:07 PM)Mikebert Wrote: Also I find your call for a mystical economics amusing.
It isn't but the Austrian School approach recognizes that experiments are not possible. What you have to work with is logic and deduction from actual events and human nature. Much of what they write can be translated in Propositional Logic and First Order Predicate Calculus which are very useful tools in proving whether a statement is true. There is nothing mystical about such this.
Democracy is the theory that the common people know what they want, and deserve to get it good and hard. -- H.L. Mencken
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises