The Rock Paper Bitcoin Podcast on Nostr: The Austrian perspective has great power when its purpose is clear: to distinguish ...
The Austrian perspective has great power when its purpose is clear: to distinguish economics clearly from a science and debunk any scientific LARPs from the discussion of markets and price discovery.
When the Austrians begin to claim their principles are a science to use as Theorems like the Regression Theorem, they invalidate themselves and I dont find them useful anymore.
Sadly, the only help I think we get to understand Bitciun is from the Austrians even if it’s just to tell us what not to do. Luckily, there are thousands of pages of well written guidance from this perspective.
But for everything else, we’re on our own to discover it, which I would believe to be the most relevant Austrian perspective.
When the Austrians begin to claim their principles are a science to use as Theorems like the Regression Theorem, they invalidate themselves and I dont find them useful anymore.
Sadly, the only help I think we get to understand Bitciun is from the Austrians even if it’s just to tell us what not to do. Luckily, there are thousands of pages of well written guidance from this perspective.
But for everything else, we’re on our own to discover it, which I would believe to be the most relevant Austrian perspective.