1Introduction
12Myth 11: The Gold Standard Causes Deflation and Unemployment
2Myth 1: The Austrian School is Not Empirical
13Myth 12: Its Models Are Too Subjective and Vague
3Myth 2: It Ignores the Real World
14Myth 13: Economies Recover on Their Own Without Intervention
4Myth 3: It Cannot Explain Concrete Economic Phenomena
15Myth 14: It Ignores the Negative Multiplier Effect of Recessions
5Myth 4: It Says Nothing About Human Motivations
16Myth 15: Its Credit Cycle Theory Is Wrong
6Myth 5: Its Theories Are Not Verifiable
17Myth 16: It Exaggerates Its Differences with the Mainstream
7Myth 6: It's an Idiosyncratic and Isolated View
18Myth 17: It Misunderstands Endogenous Bank Money
8Myth 7: It's Purely Ideological (Pro-Market Dogmatism)
19Myth 18: Central Banks Really Control Interest Rates
9Myth 8: Free Markets Always Cause Failures (Market Failures)
20Myth 19: Inflation Is Just Rising Prices, Not Monetary Mass
10Myth 9: High Taxes and Welfare States Don't Hinder Freedom
21Myth 20: It Ignores Global Macroeconomics
11Myth 10: Controlling Money Is Easy and Beneficial