/lit/ - Literature

People actually taking Austrian school of econ seriously are retarded. And then the same fucks go on about how economics is a science.

Meanwhile the champions Mises and Hayek go on and on about how their retarded theories are not based on reality and thus cannot be proven to be wrong.

>[My theory's] statements and propositions are not derived from experience. They are, like those of logic and mathematics, a priori. They are not subject to verification or falsification on the ground of experience and facts.

-- Mises

>literally saying facts don't matter

If idiots like these can become important "thinkers" in your field, your field is retarded.

Economics is as much as a science as psychology. Case-study after case-study, barely any controlled repeatable experiments and theories that can't predict shit. Funnily enough, those two retarded fields managed to converge their bullshittery and formed "behavioural economics".