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Ep. 1990 The Dreadful State of Economics, and How to Fix It

The Tom Woods Show

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Harry's Starter Set for Just Three Dollars

Mainstream economics has been dominated by mathematical formalism on the theory side and quantitative analysis on the empirical side. But econometric analysis was always a blend of basic intuition about what would be, right? Most economists had some theoretical background that they could interpret to help them make sense of data. The numbers alone don't tell you anything; it takes skilled and judicious and thoughtful ation to make sense of the numbers. You can sort of cherry pick numbers to sort of justify whatever kind of ridiculous cogean plans you want to make. There's never been a better time to try harry's. Go to ys dot com slash woods to get their starter set for just three bucks

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