alt Hacker NewsIs ancap economists from Austrian school considers economics correctly? They say a lot of things but I still can not decide whether they geniuses or populists?
Is ancap economists from Austrian school considers economics correctly? They say a lot of things but I still can not decide whether they geniuses or populists?
From a contemporary standpoint these categories are basically just ideologies. There has been a steady shift in economics towards empiricism, dynamic modeling and so on since a while now. Ideologies always have glaring blindspots, so their predictions and perspectives never really match up with reality.