MichaelMatulef on Nostr: It’s not about being "most correct" but understanding that economic phenomena arise ...
It’s not about being "most correct" but understanding that economic phenomena arise from complex, subjective interactions, making precise predictions impossible. The Austrian method emphasizes the limits of economic knowledge, rejecting the idea of economics as a purely objective science, and instead view it as a process of discovering and interpreting human action.
Published at
2024-08-14 19:13:36Event JSON
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