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2025-02-04 23:30:01

libertypicks on Nostr: mises.org: The Impotence of Knowledge in Economics -- https://tinyurl.com/23tg3fo2 -- ...

mises.org: The Impotence of Knowledge in Economics -- https://tinyurl.com/23tg3fo2 -- Mainstream economists make too much out of “knowledge.” First, the kind of knowledge one needs to be successful in an economy is not knowing things generally but having an understanding that is more than knowing mere facts. The entrepreneur‘s judgement is ultimately what matters. #liberty #news
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