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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (886368)9/11/2015 11:22:53 AM
From: tejek  Read Replies (1) of 1578591
 
You do realize that "Austrian economic policies", have about zero connection with "Austrian economics".

Austrian Economics (which BTW is also largely unrelated to any point I've been making in this conversation, almost every school or sub-school of economic thought accepts the basic concepts of supply and demand curves), is called that because a couple of its big early thinkers where from Austria. It isn't "economic theory that is most popular in Austria", let alone "the economic policies of the Austrian government".


I just find it amusing that the Austrian school of economics that originated in Vienna in the late 19th/early 20th century coincided with the height of the Austrian/Hungarian empire, and ever since, Austria has been pretty much an economic back water. Coincidence? Maybe.
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