Austrians Against the Mainstream: A Case Study

1,976 views · Published 22 March 2018 · 34:41 · Indexed 12 November 2026

Channel: TomWoodsTV · 2018 · News & Politics

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It's a common neoclassical claim that people will prefer an income tax over an equivalent excise tax. This claim, though questionable, is perhaps less interesting than the method these economists use to reach it. In fact, this seemingly obscure question winds up illustrating a great deal about what separates Austrian economics from the mainstream, and which school of thought is more realistic. Subscribe to the Tom Woods Show: https://itunes.apple.com/us/podcast/the-tom-woods-sho/id716825890?mt=2
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