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Milton Friedman's Methodological Mistake

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Tags Other Schools of ThoughtPraxeology

05/16/2021Matthew Tanous

Key methodological differences between Austrians were highlighted in Milton Friedman's "The Methodology of Positive Economics." A key piece of conflict: Friedman's focus on prediction rather than explanation.

Original Article: "Milton Friedman's Methodological Mistake​"

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Matthew Tanous

Matthew Tanous is a professional software developer with an autodidactic interest in economics, history, philosophy, and science. He is a main contributor for the blog Disinthrallment.