vrijdag 6 november 2009

George Selgin over Oostenrijkse methodologie

"Deductive theory tells us how there can be such a thing as an ABC. It can't tell us whether there actually has ever been such, or whether the ATBC explains even an important part of any actual cycle. That requires empirics. And please don't try the silly trick of pretending that saying this means that I'm being a Popperian (sticks and stones...) or declaring that you have to run some goddam regression. It means, simply, that you have to do some real old fashioned history as in story-telling and see whether the theory is really useful for doing it."

(In de comment-sectie.)

Zo hoort het.

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