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RE: Why Economics is not an Empirical Science but a Synthetic A Priori - Analysed and Explained with Comedy.

in #blog6 years ago

All good information. Economics is not something that is effectively understood on the macro level. It is all about individual action and individual values. Nothing has objective, intrinsic value. The word "value" itself requires someone to do the valuing. Hence, all value is subjective. The entire foundation of economics is a subjective concept.

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