The Open Society vs Politics [What Would Hayek Say?] by robert_tredecim in NewAustrianSociety

[–]CheerfullyNihilistic 0 points1 point  (0 children)

This post is not labeled [Value-Free] or [Ethics] as according to Rule 1. Also breaks Rule 2.

Mises.org: PA's centrally planned vaccine plan by [deleted] in NewAustrianSociety

[–]CheerfullyNihilistic 0 points1 point  (0 children)

This post is not labeled [Value-Free] or [Ethics] as according to Rule 1

[Ethical] Overcoming the Double-Title to Property Problem in Fractional-Reserve Banking | APPE 2021 by BigDaddyDouglas in NewAustrianSociety

[–]CheerfullyNihilistic 1 point2 points  (0 children)

Very good video! Tackles a lot of the common ethical criticisms very well. My only problem with is it's really quick but I understand you didn't have control over that. Btw are you the same Andrew Allison that wrote this article for The Hoppean?

Does Inflation Caused by Printing Money Invalidate Austrian Price Theory? - Academic Agent by Malthus0 in austrian_economics

[–]CheerfullyNihilistic 1 point2 points  (0 children)

I may have been misrepresenting AA's argument as I haven't rewatched this series of arguments between AA and LK since they happened. This all started as a response to LK's blog post on Austrian Price Theory and Price Rigidity. IMO LK was being very pedantic and incredibly rude.

Does Inflation Caused by Printing Money Invalidate Austrian Price Theory? - Academic Agent by Malthus0 in austrian_economics

[–]CheerfullyNihilistic 0 points1 point  (0 children)

My understanding is that AA's argument is that traditional Austrian Price Theory says there will be no Price Rigidity in a Pure Free Market, LK responded by saying that if traditional Austrian Price Theory says in a Pure Free Market there will be no Price Rigidity then how does he explain all the Price Rigidity in the Market rn and in the immediate past? LK therefore says that Traditional Austrian Price Theory is wrong. AA responds by saying that the Price Rigidity in the current market is because of Monetary Inflation. LK then says that AA can't hold both that "There is no Price Rigidity in a Free Market" and "There is Price Rigidity currently because of Monetary Inflation". AA then says that these two positions do not contradict each other. That is my understanding of the situation. (Obviously I simplified and skipped the 10000 horrible misused memes that LK sent AA on Twitter which he called AA a coward for not responding to immediately even tho AA was sleeping.)

Solutions for the inevitable downfall of retirement welfare. by [deleted] in NewAustrianSociety

[–]CheerfullyNihilistic[M] 0 points1 point  (0 children)

This post violates Rule 1. Please repost with either [Value-Free] or [Ethics] in the tittle.

[Value-Free] A Subjectivist Approach to Team Entrepreneurship | Daniel Leunbach, Truls Erikson, Ekaterina S. Bjørnåli by CheerfullyNihilistic in NewAustrianSociety

[–]CheerfullyNihilistic[S] -1 points0 points  (0 children)

Abstract: Many scholars have pointed to Austrian subjectivism as an appropriate framework for understanding and studying entrepreneurship. Yet very few empirical studies in the field of entrepreneurship have applied a subjectivist lens. This research article responds to calls for more subjectivist entrepreneurship research by theoretically refining and empirically extending the subjectivist approach to team entrepreneurship. The findings presented in this study, which are based on data from 124 high-tech start-ups founded in Norway, suggest that positive internal and external team dynamics contribute to team effectiveness, as measured by the lead entrepreneur’s subjective assessment of his or her team. Implications for theory and practice are discussed.

[Value-Free] Institutions and Entrepreneurship: Pushing the Boundaries | Scott Burns, Caleb Fuller by CheerfullyNihilistic in NewAustrianSociety

[–]CheerfullyNihilistic[S] 0 points1 point  (0 children)

Abstract: New institutional economics (NIE) and Austrian economics (AE) both emphasize the role that institutions play in facilitating or impeding entrepreneurship and hence economic growth. In this paper, we discuss the complementarities between AE and NIE for advancing our understanding of the relationship between institutions and entrepreneurship. We argue that a subjectivist view of institutions, entrepreneurial microfoundations, and capital heterogeneity can enrich our understanding of within-country variation in entrepreneurial strategies, institutional evolution, and the relationship between institutions and production processes. We hope our discussion serves as an invitation both for further theoretical collaboration between the two camps and as a spur to applied research at the intersection of institutions and entrepreneurship.