Can Data by Itself Inform Us about the Real World?
Mainstream economists insist that data alone can explain economic events, permitting them to test economic theories. In truth, without sound theory, data is meaningless.
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Mainstream economists insist that data alone can explain economic events, permitting them to test economic theories. In truth, without sound theory, data is meaningless.
Totalitarianism is not compatible with a functioning economic system based upon free exchange and private property.
This might sound radical or extreme, but the US somehow managed to get along for more