Dylan and Nima discuss philosophic errors within the Austrian school of economics and how modern money theory (MMT) fills the gaps. Namely, Austrians reject empiricism and MMT emphasizes it. AMAGI #23
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Not to be confused with Keynesian economics or principles, the Chicago School, socialism, communism, or Alexandria Ocasio-Cortez. This isn't a crash course in how to get stuff for free. All schools of thought have to start with a framework philosophy, and the Austrian school of thought has a few holes.
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