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The Austrian Business Cycle Theory has been totally discredited as pseudoscientific nonsense by both mainstream and other heterodox schools of economics.

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Answered (Not Verified) This post has 0 verified answers | 4 Replies | 1 Follower

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kylio27 posted on Mon, Sep 3 2012 3:07 PM | Locked

Prove them wrong. 

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Answered (Not Verified) LogisticEarth replied on Mon, Sep 3 2012 3:11 PM | Locked
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"Hey guys, I have this idea, I'm going to put zero effort into this thread and expect people to spend time responding to a vauge subject title!  What do you think?...Hey were did everyone go?"

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Answered (Not Verified) Aristophanes replied on Mon, Sep 3 2012 3:13 PM | Locked

Oh cool!  A troll here to stir up things that they aren't smart enough to figure out themselves.

When you say "other heterodox" schools, which ones HAVE NOT been "discredited" by "mainstream" economic schools?

Can anyone demonstrate why Kenyesianism hasn't been successful since 2007/8?  I read all of their journals, but they all say that trillions of cash injections should have created production!  What are we doing wrong!?!?

 

"The Fed does not make predictions. It makes forecasts..." - Mustang19
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Answered (Not Verified) Wheylous replied on Mon, Sep 3 2012 3:31 PM | Locked
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Ok. But first you prove them right.

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Answered (Not Verified) John James replied on Mon, Sep 3 2012 3:32 PM | Locked
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Since the spirit of my first two possible responses has already been represented, I'll just add this:

*Austrian economics "refuted" threads*

 

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