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Austrian school is 65 years earlier than Keynesian school
- Early Austrian school mainly debated with classical economics and Marxism
- By the Great Depression (after 1929), Keynes rose, and Austrian vs Keynes became a century-level debate
The Austrian school has great influence, never lost a debate, but could not win in practice. Marxism once took over half of the world, and Keynesianism guided the US through its difficulties. The Austrian school has always been a supporting role. Now, with Bitcoin as a tool, it seems to have a little improvement.