Can Austrian economics be falsified? - Politics and Economics

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Can Austrian economics be falsified?

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10-27-2009 , 06:18 AM

yukoncpa

veteran

Join Date: Oct 2004 Posts: 3,127

Hi, My question may be invalid, but here it is:

If Austrian economics is based on a rigorous scientific theory, the same as, say, the theory of evolution, please provide me with an example that would falsify the theory.

10-27-2009 , 08:50 AM

tolbiny

Carpal \'Tunnel

Join Date: Mar 2004 Posts: 10,448

Quote:

Originally Posted by yukoncpa

You could disprove one of their assumptions (humans act purposely)- or you could demonstrate a flaw in the chain of logic going from assumption -> conclusion.

10-27-2009 , 09:01 AM

Borodog

Enemy of the State

Join Date: Jan 2004 Posts: 25,491

Econ subforum.

10-27-2009 , 11:24 AM

yukoncpa

veteran

Join Date: Oct 2004 Posts: 3,127

Quote:

Originally Posted by Borodog

Econ subforum.

I moved my question, but I don't know how to delete this thread.

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