An argument that theory has always, and will always, be superior to empiricism, as a response to Krugman’s most recent blog post.
Thoughts on liberty
Thoughts on liberty
An argument that theory has always, and will always, be superior to empiricism, as a response to Krugman’s most recent blog post.
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Positivism, Statistics and Questionable Accuracy
Scholars who rely on empiricism should take more time to review the accuracy of their statistics, otherwise they risk spreading false information, and as a result false conclusions. This could lead to severely damaging effects on general economic thought and theory.