SLP443 Conza - Clearing up Bitcoin Misconceptions
Stephan Livera Podcast
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Is There Such a Distinctive Difference Between Theory and History?
Mises: There's no such thing as historical method of economics or a discipline of institutional economics. The two must never be confused. All theories of economics are necessarily valid in every instance in which all the assumptions presuppose, he says. Mises: Bad economists focus on very minute kind of like hyperspecialization in one particular area. And it's just looking at one, you know, from the scene and not understanding the whole big picture for human action.
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