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Fraud. Why the Great Recession?
Watch this crowdfunded documentary produced by Austrian school economist Jesus Huerta de Soto, author of "Money, Bank Credit, and Economic Cycles," on what caused the Great Recession. Click to watch it free online.
Tag Archives: methodology
RE: On The Empirical Relevance of Austrian Business Cycle Theory
Chris: Further to your useful post, it goes without saying that Austrian methodology is wholly different from the empirical analysis employed in the Lester/Wolff study. Three points on this: Firstly, it is interesting that despite all the data shortcomings, the authors found … Continue reading
Methodenstreit
In light of a number of recent (rather long) posts on Austrian methodology I thought this Wikipedia entry was pretty interesting. Methodenstreit, in intellectual history beyond German-language discourse, was an economics controversy carried on for about a decade around 1890, … Continue reading
Re: What Reserve Bank Economists Are Up To
Chris: Take a look at this Man, Economy and State excerpt on maths in economics. Superb demolishion of the mathematical approach by Murray Rothbard. My best quote from this section: “Mathematics is indispensable in formulating the laws among these variables … Continue reading