Money Talks: Philosophy of The Budget
Slate Money
00:00
The Philosophy of Budgeting: Goodman's Lens
This chapter explores the philosophical foundations of budget accounting, focusing on Nelson Goodman's theories and their implications for economic assumptions. It delves into the problem of induction and the concept of 'grue', highlighting how interpretations of past data can lead to contradictory predictions about the future. The discussion emphasizes the temporal nature of property definitions and how this affects our understanding of economic indicators and budget forecasts.
Transcript
Play full episode
