0 sats \ 0 replies \ @Undisciplined OP 19 Oct 2023 \ parent \ on: Meta Econ Takeover Day 2 meta
It kind of gives both sides what they want:
The mainstream guys can say the simplifying assumptions are pretty reasonable (and they aren't crazy), so really all the Austrian insights have been incorporated already,
Meanwhile, the Austrians can say the simplifying assumptions don't allow for all realistic conditions (they don't), so mainstream analysis can't be trusted.