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The Importance of Meta-Level Principles in Economics
There is no equation that can deterministically tell us, for example, which species will rise from the Earth's muck. In this sense, both evolution and critical rationalism explain fundamentally unpredictable domains of reality. But if we instead search for meta-level principles to constrain what could possibly happen in these theories' domains of applicability, then there may be hope after all. This theory provides a natural and elegant distinction between law and principle. The difference between moral law and scientific law required development of a more coherent and deeper worldview for our ancestors to flesh out.