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Can Data by Itself Inform Us about the Real World?
Mainstream economists insist that data alone can explain economic events, permitting them to test economic theories. In truth, without sound theory, data is meaningless.
Original Article: Can Data by Itself Inform Us about the Real World?
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By Mises Institute
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Mainstream economists insist that data alone can explain economic events, permitting them to test economic theories. In truth, without sound theory, data is meaningless.
Original Article: Can Data by Itself Inform Us about the Real World?
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