2min chapter

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186. Bitcoin: The Future of Money? | Bitcoiner Book Club

The Jordan B. Peterson Podcast

CHAPTER

The Austrian School of Economics

The Austrian school is a way of thinking that is about logical deduction rather than empiricism. Modern economics canes in economics because it's largely influenced by the work of John Maynard Keynes, he says. The Austrian school takes a very different approach which is to say you know we'll take a certain set of of fundamental axioms and then we'll build our philosophy based on on logical deduction so it's sort of all done from from the armchair basically.

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