What does Jow Forums think about Friedrich Hayek

Well?

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Why do people, both right-wingers and left-wingers, seriously think Economics is a science?

Econ is just ideology "proven" by graphs and 12th grade math. And economists just fraudsters who run countries in order to make their own clan rich.

Basado y Rojoempastillado.

He is no Rothbard.

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this. economics is not more scientific than psychology or alchemy. it doesn't make hypothesis and then verfy them through tests, it just create random theories , completely useless to experience.

You don't know Austrian economics I see.

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Have you read any Austrian economics?

Economics is pseudoscience, it should be more about not doing certain things and what you shouldn't do than the opposite, huehuehuehue.

What? Are you OK?

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at school they made us read amartya sen. this is when i realized economics is not a science as medicine or physics.
it is useful insofar it teaches you an international technical language, like advanced accounting, but when it comes to theories etc it is completely unproved and unreliable.

So no.

Also most medicine or physics is not science.

Most medicine is less effective than a placebo.

Also infinity can not be contained.

A lot of Econ is also brainwashing people into thinking that economy is all "rational" and follows it's own "mechanism".

For example: Whenever something costs much more than it should, every Economist will tell you it's because of "supply and demand".

It's like trying to make people naive.

>costs more than it should
There is no such thing as an objective price m8, everything is worth how much you're willing to pay for, if what you expend to make something is greater than the value of your product you will stop making it, if people pay what you set as the price and demand more you will raise the price, etc. Until the goverment comes in of course.
His book "The road to serfdom" is great and an extremely accurate analysis of politics

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Exactly this kind of naive bullplob that every Econ class is brainwashing us with.

The elites simply manipulate the consumer habits and then cash off with it. And many companies obviously work together in creating an artificial price range for a certain type of product.

There is no such thing as supply and demand. But I could give easily billion other examples of Econ that has no other purpose in keeping the public dumb and naive.

Austrian economics is not Keynesian economics.

>youtube.com/watch?v=GTQnarzmTOc&list=RDd0nERTFo-Sk&index=2

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Who the fuck cares. Both are two sides of the same coin.

Econ is in it's core already bullshit, doesn't matter what theory of it you pick.

Hack & fraud. Believed in spontaneous order while still based arguments on static Ricardian economics. Probably because of ideological leanings, as saw in support for fascists

Nice argument.

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Good fella.