Well, that's like saying that NOT stealing your neighbors stuff isn't profitable. Technically correct, but missing the point entirely.
That sounds an awful lot like a moral argument. The same argument the Communists use for why the government should redistribute wealth.
In any case, it's entirely possible that the Austrians will eventually be vindicated. If enough banks were to go belly up as to bankrupt the FDIC, we'd get hyperinflation, which would be just as bad for everyone as simply allowing the banks to go ahead and fail.
Maybe, but other economic theories could also see this coming. And if you've been holding gold instead of stocks for a few decades, remember, your position is a lot worse right now.
Physics is just a finite set of theories, right? Theories can be described perfectly in words and symbols, so they are just strings (sets of characters, like a sentence or formula), right? So just enumerate every single possible set of theories (I can explain to you how this is done in detail), and theoretically, ONE of those sets will be our current modern quantum physics, MINUS the basic axioms that makes it work mathematically. So if we just randomly picked one of those sets and it happened to be this particular set, we would have a physics that works 95% of the time but isn't supported by math.
But that set of theories probably wouldn't work, because the axioms that make it work mathematically could be the same ones that make it work empirically. Or, you'd be left with the empty set.
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