Swimmy comments on Awful Austrians - Less Wrong

34 Post author: Swimmy 12 April 2009 06:06AM

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Comment author: Swimmy 12 April 2009 05:24:57PM *  1 point [-]

It may be unfair to lump the specific fallacy presented above as the essence of Austrian economics, or as something its true believers follow. But there undoubtedly is a strain of dedicated Mises/Rothbard followers who insist on it, and these are the Austrians I'm criticizing. I'll refer to this link again. Many major Austrians are ready to pounce all over Hayek at a moment's notice.

P.S. Hey, gonna go ahead and guess you're the same Peter Twieg from my class. This is Tim McGowan.

Comment author: Peter_Twieg 12 April 2009 09:06:20PM 1 point [-]

Oh, hey Tim. :D Not particularly surprised to see other classmates in these parts, but it's still a neat occurrence.

And of course I recognize the dogmatic tendencies of the Mises Institute crowd, but I guess my broader worry is that their particular style becomes conflated with Austrian economics in general. It's my impression that these failings aren't recognized in GMU's self-identified Austrian faculty, but I could be wrong.

Comment author: Matt_Simpson 13 April 2009 03:44:46AM 0 points [-]

Personally, I'm not too familiar with that group of Austrians other than that they typically claim to get everything from Mises, and this may also be wrong. So, yes, what I said may only apply to the Mises Institute crowd.