3min chapter

The "What is Money?" Show cover image

Praxeology: The Study of Human Action with Knut Svanholm (WiM332)

The "What is Money?" Show

CHAPTER

The Importance of Euclidean Geometry

Economics is clearly not an empirical science, right? We don't know. You don't go out into the world and test like actually experiment and test that all parallel lines never touch. No, it's an assumption you make in Euclidean geometry, for instance,. And then from that assumption, you build the actual body of knowledge known as mathematics. This is going out and observing. And this is epistemology, right? Yeah, methodology. The money itself is the wrench. It's like just control P to base you. If you don't pay your taxes, they come with guns and they're in prison. So at the end of the line, it can be hard

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