Mises’s work on the logical status of the science of economics needs to be brought back to public attention: his work actually forms the intellectual bulwark against the degeneration of the free societal order. The positivist-empiricist doctrine, which forms the core of today’s mainstream economics, is not only an intellectual failure; it also encourages -- actually provokes -- social relativism, thereby opening the door to anti-free-market policies, which, once set into motion, are difficult to reign in. In that sense, posit[...]
Read More...
[Source: The Money Blogs]
No comments:
Post a Comment