Mathematics enjoys the prestige of being truly “scientific,” but it is difficult to mathematize the messy and fuzzy uncertainties and inevitable errors of real world entrepreneurship and human actions.
Hoppe wrote in 1990 of the road that governments would take to create a one-world government, one-world central bank, and one-world currency. He was almost spot on.
The view that Ludwig von Mises had more in mind in his calculation critique of socialism than the Hayekian knowledge problem has recently been attacked by Leland Yeager.
