The Use of Logic | There aren't Constants in Human Action
#economics #logic #mathematics
Economics has been treated very poorly over the years. It’s assumed economics can be measured. This includes: costs, prices, and much more. It’s impossible to make a constant when everything is a variable. They will try to insert those into a formula and call it scientific. It’s anti-scientific and illogical. They are using data from economics history. This represents a serious confusion about economics, and must be rejected outright.
These formulas and models divert logic from the study of economics. It’s impossible to come to economic laws from historical data. It’s a desire to turn economics into a quantitative science. Economics always deals with human action which is always qualitative. If we disregard them trying to turn a variable into a constant, using quantities is still impossible. The data is historical and historical data is always complex and can never be repeated.
Read More: https://mrdevinney.com/the-use-of-logic/
-
5:49:05
Akademiks
23 hours agoDrake Next Move - Whats next?? Did Lil Baby Listen to Me? Diddy and Family Preparing for Indictment?
74.6K39 -
1:56:06
TimcastIRL
1 day agoTrump Raises RECORD $52.8 MILLION In One Day, Bonus Uncensored Show w/Laura Loomer | Timcast IRL
94.1K395 -
23:19
Scammer Payback
4 days agoWe Created the First Ever 𝗔𝗡𝗧𝗜-𝗦𝗖𝗔𝗠 Call Center
214K255 -
1:11:09
LFA TV
1 day agoTRUMP GUILTY…OF LOVING AMERICA! Ft. Hayley Caronia & Vish Burra | LAST CALL 6.1.24 8PM EST
76.4K42 -
1:02:02
The Kirk Minihane Show
16 hours ago420 Show
53.3K2 -
1:06:35
Patriots With Grit
15 hours agoSpeaking Up, Pushing Back | Daniel McGirr
48.8K9 -
56:19
Total Horse Channel
2 days ago2024 Buckeye Reining Series | Saturday Night | 7:30 pm EST
55.8K5 -
1:15:38
Steve-O's Wild Ride! Podcast
2 days ago $0.22 earnedG Eazy Opens Up About Falling Off - Wild Ride #217
62.6K14 -
18:44
We Profit with Stock Curry
6 days agoUltimate Advice for Teens & Young Adults
68.8K17 -
LIVE
Lofi Girl
1 year agoSynthwave Radio 🌌 - beats to chill/game to
171 watching