Introduction

champthom — Fri, 09 Nov 2007 05:49:00 GMT

First post!

Really, here's an introduction - I'm a fourth year economics student. I'll concede that I really can't call myself a pure Austrian - while I think praxeology is great, I think that the use of math and statistics in economics is fine. What I agree with Austrians though is that sometimes economists do get "physicist envy" in wanting economics to be a science like physics, but I think that math is a useful tool in economics. Also, I think Austrian economics explains the time-value of money the best and in the most clear way, and I think that more mainstream schools of thought could learn a lot from the Austrian school.

Believe it or not, an English professor actually introduced me to Austrian economics. I had this English professor who had a Mises Institute coffee mug and a Mises totebag, so whenever she was writing down notes or while I was waiting for everyone else to be done during a test, I'd be staring at her totebag with the address "MISES.ORG" on it. I went to it, but I really didn't get what exactly it was all about, but eventually, after I got into libertarianism through Michael Badnarik's lectures on the Constitution did it all make sense. "Economics in One Lesson" is essentially what made me change my major from software engineering to economics. I'm glad I did.

If I don't blog regularly, it's because I'm a student and I need to up my grades, especially since I want to go to grad school. I want to go somewhere that will share my leaning, so my choice is George Mason to get a Master's and I want to go into the University of Chicago for a PhD. Yes, I know that Friedman said some pretty nutty things but nonetheless, I'd rather go somewhere that is respectable and the faculty has a similar leaning. So anyways, this blog will mostly of book reviews of economic books, maybe some book summaries for the classics (ala Robert Murphy's study guide for "Man, Economy, and State), but I'd count in the very least on some of my thoughts on economics.

So enjoy.

Musings from an Economics Student : introduction

Introduction