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RE: RE: RE: Re: Mises University

Ian wrote:

>Not to mention leaving spontaneous and efficient pretty undefined.

yes, but that is no different between neoclassicals and Austrians, if anything
more true of neos as far as spontaneous. and though neos may be more specific on
efficiency it is because efficiency means cost-minimization/profit-maximization,
which doesn't make their 'definition' 'better' than a 'broader' one. still, the
neos practically just assume coordination, whereas the Austrians have to explain
it.
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