So, a link to conjecture from an associate professor at the <i>PREEMINENT SCHOOL</i> for studying Austrian School economics in the US... is evidence <i>against</i> Austrian school economics?<p>Let me put it this way: there is a lot of financial incentive for Austrian School economics to appear &quot;wrong&quot;, because Keynesian &quot;economics&quot; is really all about printing money and earmarking it for buddies within a given office&#x27;s constituency.<p>Austrian School economics can&#x27;t really actually be wrong. It&#x27;s primarily the study of basically common sense things that can be proven a priori, such as subjective value (if you like purple more than I do, a purple bike might be worth more to you than to me... can something like that really be proven wrong?) and ideas like allowing people to spend money as a means of expressing the value of a given good or service.<p>The fact that there is an active movement within our government and its &quot;education&quot; system to apparently disprove such things is preposterous. But given the financial incentives, it&#x27;s not surprising.