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Posts Tagged: “Mises“
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March 11, 2019
・Guest Commentaries
Economics Needs the Context of Sound Theory: Facts and Figures Aren’t Enough
Context is key. During last week’s Friday Gold Wrap podcast, Mike Maharrey emphasized the importance of understanding sound economic theory. Without a firm grasp of basic economic principles, it becomes impossible to properly evaluate any observations you make and to properly interpret economic data. As economist Frank Shostak put it in a recent article published […]