4min chapter

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Episode 113: Mark McGrath: John Boyd Is Far More Than The OODA Loop

OODAcast

CHAPTER

The Austrian School of Economics

Austrian economics is based on the idea that all economic phenomena are a result of human decisions and actions. There's no math, like there's, there's no equations these are all axiomatic logical principles. The other thing is that there's things that are a priori, like that are in a deductive right in of themselves I don't have to prove the law of gravity or supply and demand. What's valuable to you is not may not be valuable to me. Nobody could make an equation to explain why we find value in john Boyd but some people completely dismiss them as oneNothing to want nothing to do with them.

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