What Byrne Hobart Thinks About Everything — Part Two
Village Global Podcast
00:00
Is the Austrian Model a Good Predictive Model?
I think the Austrian model is a really elegant way to describe some aspects of the economy and behavior. It doesn't strictly make predictions, so it doesn't end up being a good predictive model. I'm curious in the next 50 to 100 years whose stock in economics history is going to either rise or fall. Is me, sister, any of the Austrians going to become more important or relevant or stay the same as irrelevant?
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