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Rothbard is not exactly an libertarian economist he is an Austrian school economist, not every libertarian is an Austrian school economist. Although I'm sympathetic to libertarianism I loathe the Austrian school because of their unscientific methods. No need to answer to me about that, it's only my belief and of some others in the libertarian camp, Bryan Caplan for example.

My main problem with Ron Paul besides the fact that he never tried to approach libertarianism as something that is useful to solve pragmatic problems that exists today and tried to develop a confrontational attitude towards other people, he was someone who always chose tribalism instead of being a good politician, the racism in his newsletters and the fact that he always appealed more to the angry white male stereotype than to the common people, mom and pops of every ethnic group who are working to pay their bills and raise their children. That and the fact that he's a firm believer in the Austrian school.

Rothbard is clearly a libertarian economist and I never said that all "libertarian" economists must be Austrians. You might want to not talk about things being unscientific when you fail to back up your assertions.

It has been fashionable since the success of the natural sciences in the 1800's to attempt to apply the methods of the natural sciences to the social sciences. Concepts like "equilibrium" are applied incorrectly because a person goes on to striving for the next thing right after achieving the first and markets are in a constant flux.

On why mathematical economics is a failure, see here: http://mises.org/daily/3540


I said I have no interest of discussing anymore. I'm not here to build a thread pointing failures in first order logic in other comments, this was my opinion and it would be better if you just accept that I do not believe in the same things as you.

If you wish there are plenty of refutations of why the criticism of Austrian school about modern economics is misdirected, I believe pretty much of them do a good job, Bryan Caplan was right in almost everything, you need not to accept any of them of course, I respect you, but you'll need to know that I do not accept anything that comes from mises.org and do not read them anymore.


You're a steaming pile of fallacies and non-arguments. You have an opinion, congrats. Here's a couple refutations of Caplan:

http://mises.org/journals/qjae/pdf/qjae6_3_4.pdf http://www.mises.org/journals/qjae/pdf/qjae2_4_1.pdf

You're either incapable or unwilling to have a real discussion though, so that is just for anyone else who cares.


No need to name calling. I did not called you anything, lack of respect is not something that I encountered in many austrians but you're clearly one that does not respect people apparently, wish I am wrong.

As I said in the above post I am unwilling, I have more important things to do than entering in eternal ego wars on the net.

By the way: http://ycombinator.com/newsguidelines.html

EDIT: I was rude in this comment and if you felt offended I ask you to forgive me.

Either way my problem with Autrian school is that it try to rely too much on logic and methodological individualism, probabilistic CFD using some Monte Carlo methods, I'm not against first-order logic since I'm a mathematician by training and I think the Austrian use of it brought some useful and good insights into economics, my main problem is with methodological individualism, I think it does nothing to advance economics as a science, you're right that Economics is not Physics, but them ever in Physics we have Fluid dynamics and Heat transfer models that use statistics[1] because they are complex and a complete model is unforeseeable in the near future, maybe there will be a complete model, maybe not.

A macroeconomic model is just trying to approach a complex system in the same fashion which have an additional problem, it deals with humans, mind you that generally every researcher in neoclassical economics[2] is well aware that their models have some assumptions that breaks at some point, Stieglitz and Kahneman have shown some example and general equilibrium is a favorite target. It's also good to point out that not every economist is trying to use their models to recommend banks or governments what to do, Krugman made an essay in the past actually recommending economists to advise policy, not every economist is interested in this however.

I believe this is enough, if you reply I will answer one time but bear in mind that I'm not an economist.

[1]: or numerical methods, my PhD thesis was in CFD [2]: They all generally know about this: http://en.wikipedia.org/wiki/Criticisms_of_neoclassical_econ... Generally every


It's pretty pointless to talk to people who reject empiricism. They're nothing more than barbarians.


I actually thinks it's also pointless but sometimes I give a try to see why they think empiricism is more a evil than a good way to try to infer about the world, I edited the post to see what happens.


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