why was a critized by rothbard and why did he defend himself?
Huh? Because they disagreed.
why was a critized by rothbard and why did he defend himself?
Does what make them correct? The Austrian school, generally, supports a gold standard and removing government from the creation/control of money. Having a government computer inflate the money supply is not what they support. There are many other differences between them and Friedman and them than just that, though. You don't know what you are talking about.
Here you go desh... Let's see if you can make an intelligent point. I don't think you know what you are talking about and you instead were throwing a fit.
In the other thread you claimed that Austrians make it up as they go. This is rather absurd and contradicts most criticisms of Austrians, including those of Krugman, Klein and other usual critics. They have argued that Austrians are too rigid and fail to change with new data.
As for your point that they are not taken seriously... Hayek won a Nobel.
and you adhere to failed economic philosophy.
why did you start this thread defending the Austrian school?
Now do you think Uncle Milty was corrct on the things they differed by or was it the austrians you cling to?
fuck you very much.
Now does the austrain school use the same math all the other economic schools use?
that was my criticism.
and it blantently TRUE
are you a ron paul fan?
Is it common knowledge here you are RS?
The Austrians refuse much of the current use of the staple of economics statistics
hahahahahahahahahahah
does that make the Austrian school any less stupid RS?