The belief that these static data have any meaning individually or in the aggregate is a perfect example of the flawed mentality of an empiricist.
The belief that laying out the data across the whole spectrum of goods and services creates a comprehensive picture is nothing but an example of the fallacy of Walrasian empiricism.
So combine the meaninglessness of empirically derived data with more meaningless data (but more encompassing) and poof! two wrongs make a right!
Economic history - comparing a price today versus its counterpart from days past - may be interesting but it is not to be confused with economic science.
The truth that shines out from this evaluation is that the data used by these so-called 'economists' require ego-driven interpretation to serve their object, which is ego-driven intervention. At whatever stage in this vain and imaginary process - interpretation or intervention - empiricism is wholly unscientific.
Contrast that with the pure science of real human action. No interpretation or intervention necessary!
Counterfeiting the currency causes the purchasing power to decrease - inflation!
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