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We Cannot Interpret Economic Data Unless We Know Economic Theory

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Frank Shostak

Published : September 16th, 2022

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	Logical positivism holds that theory is irrelevant to the empirical results. It is the other way around; One cannot understand or interpret economic data until one has a working economic theory in place. Original Article: "We Cannot Interpret Economic Data Unless We Know Economic Theory" This Audio Mises Wire is generously sponsored by Christopher Condon.

Source : mises.org

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Frank Shostak 13 abonnés

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Frank Shostak's consulting firm, Applied Austrian School Economics, provides in-depth assessments and reports of financial markets and global economies.

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