Yet another insight: Gary Stanley Becker really brought what the austirans sought into scientific formalism.
So while I appreciate Hazlitt’s Economics in one lesson, the austrian (at least misesian) attempt at economic operationalism (economics as a social science), in the hayekian (informal capital), the Rothardian (separatist, legal tradition) and Hoppeian (german free cities, property as universal commensurability), the anglo imperial or strong federal, (possibly my work as information as common capital), the culmination is the combination of economic operationalism can be found by unifying them under the beckerian supply demand illustrations which are the only visual means of reduction of economic principles.
In my understanding we solved social science in four generations.
That’s not bad.
Unfortunately, we lose.
Because economics is not practiced as a means of explanation but as a means of coercion by conflation, inflation, and fictionalization of the discipline, and in particular the fictionalism of mathematical reduction as a means of obscuring and deceiving
Source date (UTC): 2026-02-09 20:32:38 UTC
Original post: https://twitter.com/i/web/status/2020959044048126114
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