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13min chapter
Economic Science and the Austrian Method with Knut Svanholm (WiM390)
The "What is Money?" Show
The Relevance of Empiricism in the Theory of Truth
This chapter explores the concept of empiricism and its significance in determining truth. It discusses the challenges faced in refuting arguments made by Hoppe and how accepting a certain proposition could undermine the justification of empiricism. The chapter also highlights the relationship between theory and observation in economics and the role of empirical data in shaping scientific theories.
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