Ludwig von Mises: Difference between revisions
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'''Ludwig von Mises''' | '''Ludwig von Mises''' is a retard who thinks economics is magic. | ||
That's the whole thing. The guy built an entire "science" on the claim that since nobody can see the future, only magic prices can coordinate society — therefore planning is impossible, therefore capitalism is eternal, QED. Call it praxeology, call it the Austrian School, it's the same trick: define economics as whatever markets do, then "prove" markets are indispensable because look, economics. | |||
Haz on the calculation problem ([https://infrared-transcripts.pages.dev/en/kick/infrared/10ec3a31-ea24-45c9-8219-68350a003135/ INTENSE DEBATES stream]): "It's complete bullshit. The burden is not on me to debunk anything. There's nothing to debunk. It was based on faulty premises from the beginning." The premise being that everything must collapse into one number (price) for anyone to coordinate anything — while the actual global economy is already centrally coordinated down to the pencil ([[Economic Calculation Problem]]). | |||
The school's function, per Haz ([https://infrared-transcripts.pages.dev/en/kick/infrared/78727f1b-bfd6-49fc-863e-bf67603855f7/ MASSIVE DEBATE ROYALE]): after Marx brought classical political economy to its logical conclusion, "the bourgeoisie needed a more subjectivist, pseudoscientific economic science to explain why capitalism is the best" — enter Mises and his students ([[Friedrich August Hayek]], [[Milton Friedman]]). | |||
== See also == | == See also == | ||
* [[Economic Calculation Problem]] | * [[Economic Calculation Problem]] | ||
== References == | == References == | ||
Revision as of 10:31, 21 August 2026
Ludwig von Mises is a retard who thinks economics is magic.
That's the whole thing. The guy built an entire "science" on the claim that since nobody can see the future, only magic prices can coordinate society — therefore planning is impossible, therefore capitalism is eternal, QED. Call it praxeology, call it the Austrian School, it's the same trick: define economics as whatever markets do, then "prove" markets are indispensable because look, economics.
Haz on the calculation problem (INTENSE DEBATES stream): "It's complete bullshit. The burden is not on me to debunk anything. There's nothing to debunk. It was based on faulty premises from the beginning." The premise being that everything must collapse into one number (price) for anyone to coordinate anything — while the actual global economy is already centrally coordinated down to the pencil (Economic Calculation Problem).
The school's function, per Haz (MASSIVE DEBATE ROYALE): after Marx brought classical political economy to its logical conclusion, "the bourgeoisie needed a more subjectivist, pseudoscientific economic science to explain why capitalism is the best" — enter Mises and his students (Friedrich August Hayek, Milton Friedman).