Message from @chuckayy
Discord ID: 609369530057097227
austrians are a small minority, and chicago school only exists for things like the IMF and world bank
and therefore any claim you make of them not being the most efficient is falsse
but yes go on englightened one
austrian economics is not what any economies are based on lmao
austrians arent a small minority its what the american economy is based upon
free market capitalism
dude, if you stayed quiet, you would look more educated
what you just said was plain false
if you keep speaking to people in condescending fashion youre gonna be very quiet
the sky is purple and if you say its blue its plain false
piece of advice to people in ocean mapping, or whatever your profession was, *dont be outspoken on things you havent studied*
piece of advice, drop the attitude immediately if you want to keep playing
now the austrian school only has any real say in the political ideologies of libertarians, or minarchists/ancaps
so that school of thought isnt what influences modern economic structuring
(and policy)
the school with the most influence is the neoclassical one, out of which the new keynesians spawned
`Former American Federal Reserve Chairman Alan Greenspan said that the founders of the Austrian School "reached far into the future from when most of them practiced and have had a profound and, in my judgment, probably an irreversible effect on how most mainstream economists think in this country".`
yep austrian value theory 100 years ago had influence
some of their business cycle stuff too
alan greenspan
dude stop quoting shit ive been aware of for years
ill take his opinion over yours
hes talking about value theory
and business cycles
austrians have done jackshit for decades
wtf is going on
green denying reality and being a cunt about it as per
just some stuff about economics
theres no denial of reality. austrians influenced neoclassicals 80-100 years ago
the foundations of neoclassical theory relies in some austrian ideas
@chuckayy as per what?
theyve ceased providing relevant argumentation
because they refused to use mathematical modelling
usual
it kinda sucks to have an uneducated man interjecting
i thought so
hang on what
i literally shared a quote with a former chair of the federal reserve
yes and you dont understand what he even meant
are you calling yourself more educated in economics than greenspan?