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50613748 No.50613748 [Reply] [Original]

Are austrian economics based or cringe?

>> No.50613787

I give them a BNN score (Basedenss Nigger Nigger) score of 8 out of 10

>> No.50613797

>>50613748
Incel-tier and autistic pilled

>> No.50614007

>>50613748
Jewish, therefore cringe.

>> No.50615061
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50615061

>>50613748
Based, but not the whole picture

Here's a summary of the core theory.
https://www.youtube.com/watch?v=pTH2mMpjzys

Look into complexity theory

>> No.50615099
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50615099

Usury is a sin

>> No.50615141

>>50613748
Le Austrian Economics is just Economics, not even joking, the people associated with it never identified as such, they were given this label by retarded keynessians who were bitter because they got called out for doing Government's bidding.

>> No.50615236

>>50613748
cringe but needed to not let the freshwater boys get carried away with themselves

>> No.50615255

>>50613748
Cringe because they fail to account for the political and social ramifications of extreme inequality. Austrian economics sounds great in theory, but there is an externality of political unrest that wipes away any theoretical gains. As part of that, one consequence of extreme economic inequality is that the wealthy can (and do!) enjoy influence over government, cementing their class position and ironically stifling innovation with new regulation.

>> No.50615261

>>50613748
Utter joke.

>> No.50615289

>>50615255
These AI generated posts are getting better everyday, I almost believe this is a real person.

>> No.50615430
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50615430

>>50615255
>As part of that, one consequence of extreme economic inequality is that the wealthy can (and do!) enjoy influence over government
Ok, now let's look at the solutions to solve this. NONE.

Because concentrating power and give everything to a centralized entity doesn't solve shit, we more or less showed that multiple times.

>> No.50615443

>>50615255
retard, Austrian means specific methodology, it has nothing to do with policy prescription

>> No.50615500

>>50613748
Based retard

Based in the same sense as genociding jews or throwing commies out of helicopters, it's not something to unironically support if you are a decent human being but you can laugh it how much it owns the libs

Really, it's some Marxist tier nonsense, you'd have to be moderately retarded to unironically believe it makes any sense.

But, it's opposed to the neoliberal model of debt based fiat so people who are the economic equivalent of flat earthers provide an entertaining criticism of normie drivel.

>> No.50615563
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50615563

>>50615255
>political and social ramifications of extreme inequality.