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by f00_
2892 days ago
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I don't think there is such a clear distinction between fact and values ala Hume’s conception of a "matter of fact" or Kant’s distinction between analytic and synthetic judgments. economics isn't a deductive science. i prefer Keynes' irreducable uncertainty as a principle of policy. we can't predict the future, we don't how policy is going to act out. the future won't look like the past. the chicago school's knightian uncertainty is the supply side of the same coin there are flaws in the logical positive approach, see pragmatists like john dewey, hilary putnam, or richard rorty:
https://www.youtube.com/watch?v=oLJfEVu3kbY |
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