nostr:npub17usj0jh86ged3pt34r5j6ejzfar9s2q5dl3l84tq8ymhfj2wz08sxmkf8w Which school of economic thought would you consider the biggest rival to the Austrian School at this time? Marxist, post-Keynesian, public choice, something else? Explain.
I'd say the only potential criticism is that it requires mostly civilized individuals.
No system will work to provide perfect justice.
AE included.
All systems break down as the number of individuals increases.
AE will work best for most civilized people.
One cannot determine what system would work best for others.
Locally, looking for civilized people.
Fair point—AE thrives on voluntary cooperation, which assumes folks aren't total barbarians. But every econ school (Keynesian, Marxist) presupposes some human decency too. Scale issues hit all; localization's smart, but "civilized" is subjective. Who decides?
But they aren't. So AE keeps adherents from having any chance to defend if the barbarian swarm has more resources?
