The Austrian school is best understood not as anti-mathematics but as anti-formalism: it opposes the type of mathematics imported from physics (modeling steady states) in favor of representations appropriate to complex, evolving systems.

factualpending

Speaker

Peter Boettke

Evidence Quote

what they're against is formalism that doesn't aid us in intellectual rigor

Source

Peter Boettke on Hurricane Katrina and the Economics of Disaster 12/18/2006EconTalk
Created: 6/17/2026, 10:29:22 AM

My Notes

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