Post
Topic
Board Economics
Re: Nobel economist Krugman on bitcoin and crypto-currencies.
by
economicsjunkie
on 11/06/2011, 04:44:04 UTC
Nevertheless, my opinion is that when eventually Economics does become a science it is more likely to resemble Keynesianism than the Austrian school so favoured by this forum's hivemind.

That is quite a fascinating statement to make.

Aside from the fact that you seem to assert that a field of study is not a science so long as YOU don't declare it one, would you care to share how you arrived at this conclusion?

What empirical and logical (=scientific) criteria did you apply to both those schools in order to infer that the Keynesians' theories are more accurate than the Austrians'?