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Rothbard rejected the application of the scientific method to economics, and dismissed econometrics, empirical and statistical analysis, and other tools of mainstream social science as useless for the study of economics.[47] He instead embraced praxeology, the strictly a priori methodology of Ludwig von Mises. Praxeology conceives of economic laws as akin to geometric or mathematical axioms: fixed, unchanging, objective, and discernible through logical reasoning, without the use of any evidence.

Well, in his defense I can say that, at the least, he doesn't bother to pretend to be scientific.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Jul 26th, 2014 at 10:20:00 PM EST
[ Parent ]
And now I know from whence the loons at the Von Mises Institute came.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Jul 26th, 2014 at 10:21:43 PM EST
[ Parent ]
by das monde on Sat Jul 26th, 2014 at 11:21:16 PM EST
[ Parent ]

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