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by throwaway_98554
2717 days ago
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"(...)Mises alone, and perhaps Rothbard, who stumbled upon Operationalism in economics, but instead of comprehending that a truthful proposition must be BOTH externally correspondent, and existentially possible to construct via a series of rationally testable operations, attempted to somehow conflate Jewish Law, and Mathematical Logic and instead, created the pseudoscience of ‘praxeology’ under which they claim all economics must be produced by a sequence of operations. This left Mises respected but a laughing stock without a position. Unfortunately he did not understand what he had stumbled upon, and he could have reformed economics. But he failed. He failed because he was committed to his dogma, and committed to his error." https://www.quora.com/What-are-some-criticisms-of-the-Austri... |
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