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Economists Keynes, Hayek, and Friedman

Lectures in History

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Positive Economics Is a Science, or It Can Be, an Objective Science

Economics can be a science that we can come to agreement on what the causes ofof different circumstances are. And if we had that scientific understanding, then we'd have much greater agreement in economics. I there's many factors that people would agree on. Is is an appropriate goal of economics. But the mists all disagree in terms of how do we achieve greater economic growth? How do we achieve less inflation?

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