I was reading the comments on another blog, where I found someone complaining about Austrian (and Austrian-sympathizing) economists. This person’s undergraduate institution had a few Austrian (and Austrian-sympathizing) economists who would closely watch bright students (like vultures!), befriend them (how creepy!), help them to get TA-ships (oh no!), and invite them to private seminars where there would be uncritical readings of Hayek (the horror!). There were no similar opportunities offered by mainstream professors.
This person’s distaste for Austrians seems to have clouded his thinking. He thinks the Austrians were doing a bad thing, inducting people into some kind of cult. Really, all these Austrian economists were doing was mentoring students and being passionate about their field. The real complaint should be against every professor who doesn’t do these things! (more…)
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