Debate: Austrian vs. Chicago Economics
Economists Gene Epstein and David Friedman debate the merits of the Austrian and Chicago schools of economics.
Soho Forum Director Gene Epstein and Chicago school economist David Friedman debate the resolution, "The Austrian economics of Mises and Rothbard contains economic intuitions that are important, correct, and missing from Chicago School economics."
Taking the affirmative was Gene Epstein, the director of the Soho Forum and former economics and books editor at Barron's. His last published book was Econospinning: How to Read Between the Lines When the Media Manipulate the Numbers. Epstein has taught economics at the City University of New York and St. John's University, and he has worked as a senior economist for the New York Stock Exchange.
Arguing for the negative was David Friedman, an economist, legal scholar, and anarcho-capitalist theorist, as well as author of six non-fiction books and three novels. His most popular book is The Machinery of Freedom: Guide to a Radical Capitalism.
The debate occurred on June 19th, 2024 at the Porcupine Freedom Festival in Lancaster, New Hampshire, and was moderated by libertarian writer and Free State Project activist, Dennis Pratt.
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My favorite Friedman book is Legal Systems Very Different From Ours. Some fascinating insight to other ways to judge innocence and guilt.
Did he cover witches and water tanks?
A duck!
That would be witches and giant scales.
And newts
Thanks for the book recommendation; I've really enjoyed his other writings, perhaps I'll check this one out.
Pretty sure both schools soundly reject Trumponimics, which means they're both leftist. After all, if you're not with Trump you're a leftist.
Your repetition of this line of snark sure makes you sound bitter about something.
He probably thinks hops are the essence of beer and eats them raw.
The only bitter ones are those who get offended by me mockingly saying what they stupidly believe.
Except nobody here thinks or says that?
They do in his head. It is his alcohol induced truth.
I wouldn't know. I have so many Trumpalumpas blocked I'm not sure what they believe anymore. Except of course their core belief that Trump is never wrong.
Is it snark or retardation? He often gets stuck on a single behavior thinking it is genius no matter how much he is mocked. Because he is unable to think with a critical mindset.
When stupidity suffices as an explanation, it probably is. In the case of that lying pile of lefty shit, there really is no doubt.
Just sad.
Really enjoyed this..it always seems to come down to monetary theory doesn't it?
The difference is that one is The Peoples Front of Judea, and the other is the Judean Peoples Front. Hope that clears this all up.