Is Austrian Economics Unscientific Because It Doesn't Conduct Experiments?

4,134 views · Published 5 November 2015 · 35:32 · Indexed 8 November 2026

Channel: TomWoodsTV · 2015 · News & Politics

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Austrian economics is accused of being unscientific because it does not derive economic laws using the methods of the natural sciences. Does that make the Austrians dogmatic and unreasonable? We tackle this question today. Subscribe to the Tom Woods Show: https://itunes.apple.com/us/podcast/the-tom-woods-show/id716825890?mt=2
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