Great quote describing the
methodology for understanding economics.
"Testing the exact theory of economy by the full empirical method is
simply a methodological absurdity, a failure to recognize the bases and
presuppositions of exact research. At the same time it is a failure to
recognize the particular aims which the exact sciences serve. To want to
test the pure theory of economy by experience in its full reality is a
process analogous to that of the mathematician who wants to correct the
principles of geometry by measuring real objects. . . ."
Nice.
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