![]() It may be widely taught that 2+2=4, but friends, this is just a socialist conspiracy. You may have heard all your life that 2+2=4. The problem was that the scientific method doesn't work! And thus, with the sweep of a pen, Von Mises created the "Praxeological Method" where the math always says exactly what the Austrians want it to say. The problem wasn't with their right, perfect, and holy economic ideas. In the 1940's, Von Mises had a brilliant realization. The facts didn't say what von Mises and the other Austrian economists wanted them to say. They just knew their economic theories were right, but there was all this pesky data that got in the way which said the opposite. That's because the Austrian School under Ludwig von Mises ran into a pretty big problem. But Paul Ryan's economic theory is much harder to rubble, because it relies on special magic math that is immune, in the eyes of its beholders, from any kind of outside criticism. You may have loved Bill Clinton's mathtastic takedown of the Republican party at the DNC. If you're like me, you may have found yourself yelling some version of "there are four lights!" or "Two Plus Two Equals Four!" at republicans on television over the past few months. That's not even the looniest part about the Austrian school, the favored economic system of most Randists and Libertarians. If you don't know much about the Austrian school, they're so far up their own asses that they think Milton Friedman is a socialist. After all, the Ryan budget takes from those mooching poors and gives to the rich übermenschen who've earned the upward redistribution of wealth because CAPITALISM! Ayn Rand couldn't have designed a more sociopathic budget herself, and we're talking about a woman who thought there was something praiseworthy about William Edward Hickman.īut in the same way that libertarians generally espouse Rand's ideas about the evilness of traditional values like altruism and equality, they've also decided to endorse yet another fantasy world where the rules are made up and the facts don't matter. ![]() I was completely unsuprised when the New York Times wrote back in August that Paul Ryan is a fan of the economist Friedrich von Hayek, a member of the Austrian school of economics.
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