Austrian critique of mainstream economics

5 October, 2015 at 22:57 | Posted in Economics | 3 Comments


Great video — after listening to Walter Block you will never for a second consider Austrian economics to be a feasible alternative to mainstream economics …

Added October 08: Lord Keynes has an interesting follow-up here.



  1. or why Freud quipped: talking about crazy!!! (he, he)

  2. I like how he ignores that the Pythagorean Theorem only applies in a 2-D Euclidean space. In other words, it’s not apodictically true.

  3. Sad to say that this sort of stuff is very much on the agenda of current Uk Govt + it’s favourite think tank Policy Exchange (largely Aynrandite wonks I’m afraid).

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