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Why Friedman misunderstood physics and Mises was right about economics
Posted on 02.04.10 by R. Lee Wrights
Source: Ludwig von Mises Institute Author: Abhinandan Mallick “Science is united by its use of logic and deductive reasoning. It remains objective and formally governed by the principle that an argument based on true premises cannot yield a false conclusion. It is, of course, possible to derive true conclusions from false premises. To give a simple example, we may say that pigs are birds, birds cannot fly, and hence pigs cannot fly.” (02/04/10) Link: http://mises.org/daily/4061 Filed under: RRND Commentary | Report Bad Link Bookmark this post in Furl or Del.icio.us | |









