(February 12, 2012 at 4:35 pm)Tiberius Wrote: Well actually...
http://en.wikipedia.org/wiki/Austrian_School
from that page, some of the criticisms.
'Some scholars have argued that Austrian economists are often averse to the use of mathematics and statistics in economics.'
'Critics argue that Austrian economics generally lacks scientific rigor, rejects the scientific method, and rejects the use of empirical data.'
Hit and hope economics, sounds good.