Mises' Dogma Dilemma <-----(Praxeology/Austrian Economics):
- Mis-understood by Traditional Economics for 75+ Years.
Mises' skepticism of absolute systems is clear - his critique of collectivism a...
This is all true..
Except - it only works in a high trust culture, with a homogenous ethic population that has a high average IQ.
Sans that biological & cultural substrate, it’s not practically possible.
And since the earth is filled with people who mostly do not fit the conditions outlined at the top, then this will always remain a perfectly accurate sound *theory*.
Except - it only works in a high trust culture, with a homogenous ethic population that has a high average IQ.
Sans that biological & cultural substrate, it’s not practically possible.
And since the earth is filled with people who mostly do not fit the conditions outlined at the top, then this will always remain a perfectly accurate sound *theory*.
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