The Economic School of Thought Test

The Economic School of Thought Test

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This is a discussion on The Economic School of Thought Test within the Personality Test Resources forums, part of the Personality Type Forums category; HelloQuizzy.com: The Economic School of Thought Test Austrian American 15 Keynesian, 46 Chicago, 62 Austrian You are an Austrian American. ...

  1. #1

    The Economic School of Thought Test

    HelloQuizzy.com: The Economic School of Thought Test


    Austrian American

    15 Keynesian, 46 Chicago, 62 Austrian

    You are an Austrian American. I call you this because you obviously scored highly in the "Austrian School", but you still lean somewhat toward the "Chicago School" approach as to how a free market society works best. Perhaps you like F. A. Hayek. Perhaps you are combining libertarian intuition with a college economic backgrounds. In any event, this is definitely a solid free market stance; however, you might want to look more into these schools of thought, and find out about your inner conflict ;)
    Valdyr thanked this post.



  2. #2

    Constrained Austrian

    23 Keynesian, 31 Chicago, 69 Austrian
    You are somewhat of a strong Austrian - so you believe in a high degree of individual freedom, but you also show at least traces of the Chicago and Keynesian Schools of Thought.

    You probably believe the free market as it manifests in America is the right way to go: Mostly free individuals protected by a strong national government and a steady, prudent Federal Reserve to supply a sound money supply. I think you may be a bit naive, but I respect your faith in the American way :)

    If this is not the case, then, it could be that you desire a very free society, you just differ - perhaps due more to political and social considerations than those based on general economic theory - on the prerequisites for such a system. You may want to look more into these three schools and see what their differences are. The Chicago & Austrian schools differ most on monetary theory, while both of these schools of thought, especially the last one, have strong reservations about the government-directed macroeconomic policies advocated by Keynesians.
    Consistently Inconsistent thanked this post.

  3. #3

    Balanced Freedom
    38 Keynesian, 31 Chicago, 23 Austrian

    You are in favor of a free market, and quite a bit of individual freedom. That said, you don't really fit in any one school of thought. A little Keynesianism, a little Chicago School methods, and a bit of Austrianism all sprinkled around. You just know you want a working market, and you support it, but you have no consistent methodology guiding you.
    Consistently Inconsistent thanked this post.

  4. #4

    Who the hell are Gustav Schmoller, Lord Kohn M. Keynes, Milton Friedman, Carl Menger, Friedrich August von Hayek, and Ludwig von Mises?

  5. #5

    Quote Originally Posted by SuperDevastation View Post
    Who the hell are Gustav Schmoller, Lord Kohn M. Keynes, Milton Friedman, Carl Menger, Friedrich August von Hayek, and Ludwig von Mises?
    Well they most certainly aren't economists... That would be too obvious, right?

  6. #6

    Moderate Keynesian

    46 Keynesian, 15 Chicago, 8 Austrian
    You have some knowledge of economics, but believe the freemarket is unstable and/or unfair. You would make a good economics bureaucrat in a stagnating social democracy somewhere. You aren't hostile to freedom, though, and likely just want to make sure the right, just, decisions are made.
    Consistently Inconsistent thanked this post.

  7. #7

    Balanced Freedom

    38 Keynesian, 54 Chicago, 23 Austrian
    You are in favor of a free market, and quite a bit of individual freedom. That said, you don't really fit in any one school of thought. A little Keynesianism, a little Chicago School methods, and a bit of Austrianism all sprinkled around. You just know you want a working market, and you support it, but you have no consistent methodology guiding you.
    Consistently Inconsistent thanked this post.

  8. #8

    Your result for The Economic School of Thought Test ...

    Constrained Austrian

    23 Keynesian, 31 Chicago, 69 Austrian

    You are somewhat of a strong Austrian - so you believe in a high degree of individual freedom, but you also show at least traces of the Chicago and Keynesian Schools of Thought.

    You probably believe the free market as it manifests in America is the right way to go: Mostly free individuals protected by a strong national government and a steady, prudent Federal Reserve to supply a sound money supply. I think you may be a bit naive, but I respect your faith in the American way :)

    If this is not the case, then, it could be that you desire a very free society, you just differ - perhaps due more to political and social considerations than those based on general economic theory - on the prerequisites for such a system. You may want to look more into these three schools and see what their differences are. The Chicago & Austrian schools differ most on monetary theory, while both of these schools of thought, especially the last one, have strong reservations about the government-directed macroeconomic policies advocated by Keynesians.


    I am laughing so hard at the bolded.

  9. #9

    Any test without Marx in it is complete bogus. Next.

  10. #10

    Balanced Freedom

    46 Keynesian, 38 Chicago, 23 Austrian
    You are in favor of a free market, and quite a bit of individual freedom. That said, you don't really fit in any one school of thought. A little Keynesianism, a little Chicago School methods, and a bit of Austrianism all sprinkled around. You just know you want a working market, and you support it, but you have no consistent methodology guiding you.
    Consistently Inconsistent thanked this post.


 
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