Conrad Lipsitz

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Austrian economics, first put together in its present form by Ludwig von Mises (hence “Austrian”). Its key technique is praxeology, in which economic predictions are made entirely by extrapolating from fundamental axioms. It explicitly repudiates any sort of empirical testing of predictions, and holds that you can’t predict future behaviour from past behaviour even in principle, so testing your claims is meaningless:22
Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts
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