If A, then B, therefore food safety regulations can never be worthwhile policy. #AustrianEconomics
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@_Hurlock_
@Outsideness Austrian economics makes policy prescriptions based on how they will affect society as a whole. This is a form of>2 replies 0 retweets 0 likes -
Replying to @ProfessorZaius
@ProfessorZaius @_Hurlock_ No, no, no ... there's no public interest in hard Austrianism, except as an emergent outcome.1 reply 0 retweets 0 likes -
Replying to @Outsideness
@Outsideness @_Hurlock_ But hard Austrianism purports to recommend policies based on how they will affect society as a whole, right?1 reply 0 retweets 0 likes -
Replying to @ProfessorZaius
@ProfessorZaius @_Hurlock_ No. Social outcomes are strictly emergent.1 reply 0 retweets 0 likes -
Replying to @Outsideness
@Outsideness @_Hurlock_ Then by what criteria do Austrians recommend policies, in your view?1 reply 0 retweets 0 likes -
Replying to @ProfessorZaius
@ProfessorZaius @_Hurlock_ Consistent Austrianism is anarcho-capitalist, so policy advocacy is not an issue.1 reply 0 retweets 0 likes -
Replying to @Outsideness
@Outsideness @_Hurlock_ Why do consistent Austrians believe that anarcho-capitalism is normatively preferable to a mixed economy?1 reply 0 retweets 0 likes -
Replying to @ProfessorZaius
@ProfessorZaius @_Hurlock_ Because any form of economic redistribution other than private transaction is rationally sub-optimal.1 reply 0 retweets 0 likes
@ProfessorZaius @_Hurlock_ It assumes as agency with superior grasp of subjective utility schedules than economic agents themselves.
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