When did a follower of the Austrian School start caring about science? You guys reject empiricism and the scientific method
in economics, after all.
Peter Schiff's failed predictions over the last decade:
Bond Market Implosion
Asia Decouple From America
Run-Away Inflation (Hyper-Inflation)
Foreign Stocks Preform Better Than US
Double-Digit Interest Rates
Ben Bernanke Wrong
To be clear, Schiff is a pundit for cable news, someone they can bring on for an entertaining opinion that sounds
informed, a nice little debate on MSNBC or FOX for 5 minutes, but his thoughts on economics are not respected outside of the cable-news bubble.
Here's a list of the top economists cited in academic journals, from all walks of life, from all different ideologies:
Note Schiff's place on that list: nowhere, as he's not an economist. He's never even studied econ, his highest level of education is a bachelors in accounting. He regurgitates Rothbard's & Mises's ideas to laymen to make his (hilarious) predictions, which make him quite popular on the OM