Abstract Equilibrium's avatar
Abstract Equilibrium abstractequilibrium@mjex.me 1 year ago
The "Austrian" school used to just be called "Economics." and before that, it's just what humans did; there were no "schools of thought" The modern ideology of an economy that's **fully decoupled from nature** is one of literal fantasy, backed by all the vices in human nature.
Economista Austriaco's avatar Economista Austriaco
I’m running a quick poll: How many of you Nostriches believe the Austrian school should be our economic model instead of Keynesianism? Repost if you’re in favor, comment if you disagree!
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Abstract Equilibrium's avatar
Abstract Equilibrium abstractequilibrium@mjex.me 1 year ago
The current economic/financial system is wildly unconstrained, which is effectively never true in nature. I can accept fantasy thinking in the ideas realm of media, but not the actions realm of money. The map doesn't represent our territory; it's so virtual at this point, it doesn't really resemble territory of any kind.
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