Article 3KT2Y Misleading Models Are Leading Economists Astray

Misleading Models Are Leading Economists Astray

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Murray Rothbard: ""atoms and stones can be investigated, their course charted, and their paths plotted and predicted, at least in principle, to the minutest quantitative detail. People cannot; every day, people learn, adopt new values and goals, and change their minds; people cannot be slotted and predicted as can objects without minds or without the capacity to learn and choose."

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