Mises Wire

The Economist and Errant Doctrines

Memoirs by Mises

“The economist must deal with doctrines, and not with men.  It is for him to critique errant doctrine; it is not his charge to uncover the personal motives behind heterodoxy.  The economist must face his opponents under the fictitious assumption that they are guided by objective considerations alone.  It is irrelevant whether the advocate of a false notion acts in good or bad faith; what matters is if the stated notion is true or false.”

—Ludwig von Mises, Memoirs

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