Mises Daily
Author:
Thorsten Polleit
Online Publish Date:
or the whole of mankind better than a correct theory.” II. In today’s mainstream economics the truth value of a theory is typically tested along the lines of an is more, under the reign of positivism-empiricism-falsification there is even an economic incentive for spreading theories just for the sake of their political in the money supply — which, in turn, is necessary for output and employment growth. Capitalism exploits the working class and leads to widespread poverty, war,