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Unregistered 244: Per Bylund

Unregistered with Thaddeus Russell

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The Austrian School of Economics

The Austrian school of economics is so unknown that when people hear about it, they assume that you are from Austria. But the history of economic thought is not really part of any such education anymore. It is in Europe, to some extent, but it's definitely marginalized. Economists don't know anything about Adam Smith. They just say, oh, yeah, he was something about invisible hand and something about free markets. And that's what people know.

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