mises.org — Socialist vs. Austrian vs. Chicago vs. Keynesian/Neoclassical. Four different economic schools with four different ways of looking at life here on planet earth. Take this quiz to find out what each group believes and to find out which group you fall in.
Jul 28, 2006 View in Crawl 4
mehofferJul 29, 2006
I found this Quiz worth the time to take. Very useful tool to understand how your thinking stacks up v. the Major schools of Econ.
uttlesJul 29, 2006
I'm definitely Austrian. That's a great quiz. I am extremely surprised that the Daily KOS kids haven't come over here and buried this story and these comments yet.
dada21Jul 31, 2006
It is important to realize that an Austrian is significantly closer to an anarcho-capitalist than a Libertarian. For most, they figure that Austrians are just people who want "less" State to govern society rather than people who see that society exists better without the State at all.Glad to see more anarcho-capitalists here, even if they don't know it yet :)
ikilled007Aug 3, 2006
The austrian monopoly answer isn't the true Austrian answer. The true answer should discuss the concept of monopoly vis a vis defining the precise market and any possible substitutes. If I write a book, for instance, do I have a monopoly? Well, not if the market is defined as sellers of literature. But if the market is defined as texts which were produced only from my specific mind by my specific hand, then yes, I have a monopoly on that. The truth of the matter is that every good has a substitute if the market is defined intelligently.
obsequies7Aug 4, 2006
100/100 austrian. I took the long form many months ago and i came out about 95% (don't remember the exact score). At the time, I hadn't read much about price theory, and so my answer reflected the classical economics i learned in school-- suppy and demand curves.learning about austrian economics has been personally very rewarding. i didn't do well in the microeconomics course i took in college. austrian school readings have proven to me that there's way more to economics than the study of graphs and curves. and austrian school blends well with my long-held socio-political feelings.