Quantitative Methods in Economics Can Describe—but Not Explain—Events
![Audio Mises Wire](https://cdn.mises.org/styles/responsive_4_3_650w/s3/static-page/img/AudioMisesWire_750x516_20180223.jpg.webp?itok=-YVs9bGp 650w,https://cdn.mises.org/styles/responsive_4_3_870w/s3/static-page/img/AudioMisesWire_750x516_20180223.jpg.webp?itok=Ry3vrlrf 870w,https://cdn.mises.org/styles/responsive_4_3_1090w/s3/static-page/img/AudioMisesWire_750x516_20180223.jpg.webp?itok=df3M-3lK 1090w,https://cdn.mises.org/styles/responsive_4_3_1310w/s3/static-page/img/AudioMisesWire_750x516_20180223.jpg.webp?itok=paTFGbVB 1310w,https://cdn.mises.org/styles/responsive_4_3_1530w/s3/static-page/img/AudioMisesWire_750x516_20180223.jpg.webp?itok=eIMm0OdX 1530w)
Human action cannot be analyzed in the same way that one would analyze objects. These quantitative methods do not improve our knowledge of the driving causes in economics.
Original Article: “Quantitative Methods in Economics Can Describe—but Not Explain—Events“
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.