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Were Austrian Economists lying?

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Were Austrian Economists lying?

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Steve Keen considers the following as important:

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Were Austrian Economists lying?
Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

One comment

  1. Vilhelmo De Okcidento

    The problem with the Austrians and Neo-Classicals is that they completely ignore the institutional framework of economies. Their theories model a fantasy world that doesn't exist.
    #MMT #ModernMonetaryTheory

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