Author: Curt Doolittle

Mainstream (Keynesian) Economics is the study of how much lying we can do in order to keep consumption high enough and employment high enough that we can consume our civilizations in one generation through extended life, healthcare, and early retirement.

I dunno. You know, Mises had the right instinct he just couldn’t pull off the argument.

Keynesian economics is scientific: its the study of lying.

Austrian economics if practiced scientifically is the study of truth telling.

That’s the difference you know.

Mises, Rothbard and Hoppe were and is wrong. Misesianism is a pseudoscience. Kyenesian is a half science. Testimonialism tells us that if we practice economics scientifically and truthfully, that all we got from Keynes was suicidal hyper consumption and institutionalized art of lying.

We can seek the science of cooperation (austrian economics)

We can seek the science of economic rule of law (chicago)

We can seek the science of economic deception (saltwater mainstream)

We currently seek all three.

But we do not make the saltwater’s pay for their crimes.