Critique of Neoclassical Economics | Jonathan Newman

The differences between the Austrian school and the mainstream begin at the most fundamental level: method (logic vs. empiricism) and the goal of economic science (understanding vs. prediction).
Download lecture slides at Mises.org/MU23_PPT_19.
Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2023.
Find free books, daily articles, podcasts, lecture series, and everything about the Austrian School of Economics, at Mises.org​​.
Twitter ► / mises
Facebook ► / mises.institute
Instagram ► / misesinstitute
SoundCloud ► / misesmedia
Apple Podcasts ► podcasts.apple.com/us/artist/...
Rumble ► rumble.com/c/c-2212754
Odysee ► odysee.com/@mises/
Podcasts ► mises.org/library/audio-video/

[@lukeasacher]

Wow- just stellar. Thank you.

[@Reachnopreach]

Them: The Phillips Curve is still there you just can't see it.
Me: Is the Phillips Curve in the room with us right now?

[@Alex_Plante]

I heard that joke as an undergraduate 38 years ago...

[@mdleavitt]

Assume nobody heard it… 😊

[@ye333]

Rationality when applied to oneself is always in the Austrian sense.

[@tensortab8896]

Props to Garrison!