Es un mito que la investigación científica dejada a merced del libre mercado sería insuficiente para las necesidades tecnológicas modernas. De hecho, la planificación centralizada de la innovación sólo la ahogará.
It is a myth that scientific research left to the mercies of the free market would be insufficient for modern technological needs. In fact, centrally planning innovation will only stifle it.
El de Menger era un método analítico que comenzaba con los fenómenos empíricos más pequeños y procedía lógicamente a partir de ellos. Lo llamó «método empírico».
Menger's was an analytical method that began with the smallest empirical phenomena and proceeded logically from there. He called this the "empirical method."
The French Revolution is a large and complex event worthy of a Gibbon, but it may not have happened at all if the French monarchy had balanced its budget.