me:
>> they're not scare quotes. I just don't think they [the "Austrian school"] 
>> should identify their country of origin with their school. It's not like 
>> they have had a monopoly of intellectual power over Austria the way the 
>> followers of Milton Friedman have at the University of Chicago. For example, 
>> Joseph Schumpeter was from Austria but did not belong to the Hayek/Mises/et 
>> al crowd.<<

David B. Shemano wrote:
> You are tough.<

thank you.

> I did not realize there was a concern that people would assume that Austria 
> presently follows the economic guidelines set forth in "Human Action."  <

I don't want to insult Austria. I'm told it's a pleasant country.

> What name would you prefer that the "Austrians" call themselves -- the 
> "Neoclassical Marginal Subjectivists Who Do Not Agree With The Chicagoans On 
> Monetary Policy And Certain Methodological Issues?"  You realize that the 
> relabeling costs alone will doom your proposal.<

How about Hayekians or dynamic neoclassicals? or we could put
quotation marks around the term "Austrian" without assuming that they
are scare quotes.

me: >> The A school may have studied Keynes but they have not
abandoned Say's Law. That colors all of their thinking.<<

David:
> I suppose in some sense that is true, but that is the (a) heart of the 
> argument, is it not?  It is certainly not ignorance.<

They don't get the point. Say's law was debunked long before Keynes.
People should understand that. To not understand that is a sign of
ignorance.
-- 
Jim Devine /  "Nobody told me there'd be days like these / Strange
days indeed -- most peculiar, mama." -- JL.
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