This looks like a good place to post what I think is the best critique of the Austrians out there: Bryan Caplan (who is sympathetic to the Austrians) does a good job of arguing that the Austrian foundations fall into two categories 1) not different than mainstream economists 2) wrong.
It starts here Why I am not an Austrian economist, continues some back and forth between Walter Block and Hülsmann (an Austrian) and Caplan:
- Caplan, Bryan. 1999. "The Austrian Search for Realistic Foundations,"
- Block, Walter. 1999. "Austrian Theorizing, Recalling the Foundations: Reply to Caplan,"
- Caplan, Bryan, 2000. "Probability, Common Sense, and Realism: A Reply to Hülsmann and Block,"
- Block, Walter. 2003. "Realism: Austrian vs. Neoclassical Economics, Reply to Caplan,"
- Caplan, Bryan. 2003. "Probability and the Synthetic A Priori: A Reply to Block."
- Block, Walter. 2005. "Rejoinder to Caplan on Bayesian Economics,"
- Block, Walter. 2007. "Reply to Caplan on Austrian Economic Methodology"
There's more here (links from the appendix 1). Some of these are in .doc form.
I should also point out that I do think the Austrians are more correct than mainstream economists on several issues, but I don't think these follow from their epistemology.
I will also add that this discussion highlights that LWers should be particularly good at seeing the epistemic flaws of the Austrians since they are 1) a rejection of the use of probability theory as a fundamental part of decision theory 2) a rejection of utility functions 3) abuses of language (they frequently attempt to argue "by definition").
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I faced an ugh field. So far the results are satisfactory. I haven't been eaten by a grue.
This ugh field is interaction with male authority figures, specifically when the subject of this interaction is some technical field, in which competence is viewed as a manly trait. I often lack such competence, and feel very awkward (dare I say "unmanly"?) when dealing with men who have it.
Two most recent examples of facing this ugh field:
I've had my bicycle serviced. This included going to a local bike shop and a frank conversation with the serviceman about the technical condition of my bicycle and possible ways to improve it. $100 in spare parts later I'm quite satisfied with the improved quality of my ride. One minus: I got a 12T-32T cassette in place of the old 12T-28T. I have no use for this granny gear. Next time I'll be more specific about it.
I've also started taking car driving lessons. In my country an official state-recognized driving license course includes 30 hours of driving practice 1-on-1 with a driving instructor, whose job includes pointing out all the rookie mistakes you make on the road, and possibly hoping that you don't kill both of you in some stupid way. So far I can manage this new and stressful situation, and I'm slowly building my driving skills.
The second example also includes discarding a cached identity of a biker who scorns cars, which I didn't feel that strongly about in the first place.