Talk:Austrian business cycle theory/Archives/2010/November
Latest comment: 13 years ago by 75.48.22.62 in topic Empirical Research
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Empirical Research
Isn't the idea of supporting Austrian predictions with empirical research self-defeating? The entire status of the Austrian School as a heterodox school is centered around their idea that one can't come to valid conclusions about economics from observation or statistical analysis, so why would an Austrian seek to defend Business Cycle Theory with empirical research? Rana Fuerte (talk) 01:55, 2 January 2010 (UTC)
But one should be able to analyze history and account for things using this model. 75.48.22.62 (talk) 22:26, 27 November 2010 (UTC)
That is... maybe. 75.48.22.62 (talk) 22:30, 27 November 2010 (UTC)