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Jayson Lowe compares belief in Austrian economics to belief in the Force in Star Wars, arguing that those who study and accept Austrian views on money and markets gain practical advantages over skeptics who dismiss it as fantasy.
Jayson Lowe compares belief in Austrian economics to belief in the Force in Star Wars, arguing that those who study and accept Austrian views on money and markets gain practical advantages over skeptics who dismiss it as fantasy.
Using Star wars analogy, I feel like believing in Austrian economics would be akin to believing in the Force. Because there are plenty of people in that Star wars universe that thinks the Force is just a fake religion or a fantasy. It doesn't exist. But people who do believe in the Force or Austrian economics, they're the ones that seem to gain the traction and the leverage and the advantage that everyone is seeking after. But only certain people are going to sit down and study the ways of the Force and learn how money actually works. And then other people are going to be like, you guys know what you're talking about.
