Every economist ever is wrong.

[The One and Only...]

Every economic methodology that has been adopted to date is fundamentally flawed, including the Austrians.

Yep.

[kahljorn]

I guess I'll be the first who asks how you came to this conclusion.

[The One and Only...]

The historical/neoclassical school of thought has no means of isolating variables in the same manner that physical scientists do, thus rendering much of its exertion useless.

The a priori/Austrian school of thought relies on Kantian philosophy to give their "axioms" validity (I reject Kant, remember?).

All that being said, Austrian axioms can be inferred with great sucess (if you truly need to organize an argument for them, use induction with reference to an ordinal model of chance). However, the fact that I admit that economic postulates are not necessarily true causes me to have some severe breaks with Austrian reasoning.

For example, Rothbard's attack on utilitarianism/consequentialism is based on the assertion that we are unable to know utility in any context outside of our mind. However, I argue that I can infer utility (from induction with reference to ordinal chance) with varying degrees of success. For example, while inferring the utility of Play-Doh for an individual might be difficult, inferring the utility of food and water in the condition of starvation is much more successful. Rothbard relies on absolutes; I rely on likelihood. That man hates to starve is not much less likely than man acts.

[kahljorn]

Okay.

[Royal Tenenbaum]

Someone got a new textbook!

[KevinTheOmnivore]

I guess I'll be the first who asks how you came to this conclusion.

:lol

[mburbank]

Wow. That's pretty smart. You know, if you'd come up with an economic system that works, we'd all be really grateful. In fact, if a smart guy with great big thighs took over everything, I bet it'd work out pretty good.


You go girl, you great, big, buff Philosipher Queen.

[CrazyBlackDude]

But Jack, you told me that you wanted to be an economist! Do you enjoy being wrong??

[Zhukov]

Someone got a new textbook!
Haha. I'm sick of Austrians

[The One and Only...]

Are you still a communist, Zhukov? How are you justifying the labor theory of value?

[Zhukov]

Same as always.

[Miss Modular]

Every economic methodology that has been adopted to date is fundamentally flawed, including the Austrians.

Except, of course, for Ayn Rand. ;)

[mburbank]

Jeez, OAO. Don't you EVER get even slightly tired of being such a hoity toity doofus?

[Cosmo Electrolux]

with a giant ass.....

[sadie]

don't pick on the poor widdle over-compensator, guys!

[CrazyBlackDude]

Jack is like a three-legged dog - funny, but in a sad way. :)

[ScruU2wice]

OAO, Have you ever seen the movie Pi?

[Kulturkampf]

It is good that you are getting an education and that you have a passion in your way of life.

[mburbank]

You know what else is good? Ethnic purity.

[The One and Only...]

with a giant ass.....

How did you know?

[CrazyBlackDude]

with a giant ass.....

How did you know?

You are what you eat.

[davinxtk]

Who couldn't have guessed by those thighs?

[Kulturkampf]

You know what else is good? Ethnic purity.

I violate that each weekend. With my dick.

[CrazyBlackDude]

You know what else is good? Ethnic purity.

I violate that each weekend. With my dick.

Animals don't count, dude.

[mburbank]

Anything having contact with your dick, inlcuding yourself, has been violated.

[Emu]

You know what else is good? Ethnic purity.

I violate that each weekend. With my dick.

We already have someone filling the overthinking self-degrading dipshit here. I ask you to refrain before you begin violating copyright.