This article will discuss the ongoing Austrian V Chicago Economics debate and voice my rare disappointment with Tom Woods. First of all let me say that I am a huge fan of Tom Woods in general, but on this issue he disappoints me. David Friedman is an avid proponent of a unique brand of post-monetarist … Read more Tom Woods VS Friedman?
This article will argue that much of the Austrian school of economics is not valid, although it may be resuscitated if certain key steps are quickly taken. The fact that it is not falsifiable makes it not scientific, but not necessarily invalid or useless. Philosophy and logic can be used with great power, sometimes with … Read more The Death of Old Austrianism