Comment on Awful Austrians

Mon, 13 Apr 2009 02:51:45 GMT

I have little interest in creating a model of the economy so that I can control it with a magic government wand. I am a Public Choice libertarian. I have an interest in updating my beliefs according to the evidence.

The problem is not that Mises and Rothbard have presuppositions, it is that they consider their priors immune to all inference. As soon as you invoke experience and evidence as justifications for their presuppositions, you have distanced yourself from their position, which is that no evidence could ever confirm or disconfirm their theory.

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