Economic Reality vs. Political Rhetoric | The Aneesh Karve Series | Episode 5 (WiM272)
The "What is Money?" Show
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The Importance of Language in Economics
Austrian economics is fundamentally important and different because like the axioms underpinning Austrian economics, that's as close as we can get to reality in some ways. It's rooted in incontrovertible language. Such as man must act, right? There's no way to refute that without engaging in an action. And so with those like strong pillars, right, we can deduce these theorems that are actually useful in the world of economics versus the Keynesian approach.
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