economicwisdom blogspot.com

Economic Wisdom

The wise ones know that humans make decisions subjectively and then use the subjective methodology to study human action.

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Economic Analogies

Using analogies makes it easier to understand economics, and counteracts the economic fallacies promulgated by the interventionists. Saturday, March 15, 2014. The Use Of The Empirical Method In Economics Is At Best Irrelevant. The use of empirical methods in economics is like catching the wind with a hammer! All of the sudden someone is introduced into the process for the purpose of interpreting the data.

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Economic Wisdom

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The wise ones know that humans make decisions subjectively and then use the subjective methodology to study human action.

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This web page economicwisdom.blogspot.com states the following, "The wise ones know that humans make decisions subjectively and then use the subjective methodology to study human action." We saw that the webpage said " Monday, April 28, 2014." It also said " From The Haiku Economist 2 of 2 on page 129. The Haiku Economist by Jim Cox. If you want Jims accompanying explanation let me know and I will provide it for you. Tuesday, April 22, 2014. From The Haiku Economist 2 of 2 on page 127. The Fed is the source,. Take that to the bank!."

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