The Problems with Price Inflation | The Twilight of Gold Series | Episode 11 (WiM182)
The "What is Money?" Show
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I Don't Like the Word Praxeology Because It Sounds So Made Up
Most people don't even know the word praxeology, much less understand its implications. That's why i kns a big bright line between economic history, which is like an observation of what happened, and actual economics, which is deduced from axioms. And you can cut through a lot of that noise and actually discern a some deeper truths than tha empiricism itself. I'm not trying to put self on someing, on a high horse here. This applies tho intellectuals. The smartest people in the world don't know shet about praciology.
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