On articles on Wikipedia viz the current financial crisis weather greater

catfish

New member
credence to Austrian Economics? In Wikipedia, regards to the articles on the current financial crisis such as "Subprime mortgage crisis", "United States housing bubble", "Late-2000s recession" and "European debt crisis". Do you think it has an unusually large proportion of its explanation geared towards the Austrian School of Economics way of looking at things. Me being a subscriber to a quasi-Austrian-Chicago School, I find it quite a relief to see such a major institution emphasize the logic of Austrian School of Economics at a non-superficial and systemic level in its articles. Whereas, I find that other institutions in relation to Economics are either dependent on some pseudo-liberal (read: American Liberal) economic explanations or otherwise depend on some superficial view that the private sector works flawlessly and oppose government regulations or certain services which are generally carried out by government. (As opposed to the Austrian or Chicago view that regulations can come in helpful in certain market conditions, but that, if such regulation is carried out by the government, there can be a strong effect in relation to regulatory capture, and thus, usually recommends PRIVATE regulations of business which is carried out by non-profit organization ).
Yes, it was a big detour! Back to the issue: My question is do you agree that most of the specified articles on Wikipedia usually present Chicago-Austrian explanations which are radically different from the mainstream. And also, weather you think there is any possibility, criticizing Chicago-Austrian explanations is going to become in Vogue in Wikipedia community any time soon.
 
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