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Mainstream economists today examine economic phenomena from a “black box” perspective in which they look at inputs and outputs without trying to understand causal mechanisms that make the outcomes possible.
Original article: A Critique of Black Box Economics
By Mises Institute4.8
9292 ratings
Mainstream economists today examine economic phenomena from a “black box” perspective in which they look at inputs and outputs without trying to understand causal mechanisms that make the outcomes possible.
Original article: A Critique of Black Box Economics

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