#19 – Logan Chipkin: Understanding Economics
Arjun Khemani Podcast
Why Austrian Economics Is Not Popular in Contrast With Other Schools of Economic Thought
Austrian economics is not popular in contrast with other schools of economic thought. The entire education system I suspect is a large reason why economic creationism is dominant, says David Frum. Some economists reject Austrian economics because they reject the logical deductive methodology of Austrian economics and insist on developing models based on data.
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