Austrian economics is defined by its adherence to the a priori methodology, not empiricism. That places it at odds with mainstream economics, which stresses the methodology of positivism.

Original Article:<a href="https://mises.org/wire/peak-ev-electric-vehicles-will-fade-their-true-costs-become-clear" target="_blank">&nbsp;</a><a href="https://mises.org/wire/failure-federal-reserve-covid-boom-and-unnecessary-intervention" target="_blank">"</a><a href="https://mises.org/wire/austrian-economists-and-empiricism" target="_blank">Austrian Economists and Empiricism"</a>

Austrian economics is defined by its adherence to the a priori methodology, not empiricism. That places it at odds with mainstream economics, which stresses the methodology of positivism. Original Article: "Austrian Economists and Empiricism"{ai:summary}<p>Austrian economics is not a fan of empiricism, much to the dismay of mainstream economics. Their methodology is a priori, while positivism reigns supreme in the latter. This puts them at odds, but hey, whoever said everyone had to get along?</p>

Austrian Economists and Empiricism

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