Published on Mises Institute (https://mises.org)

Facts and Data Have No Meaning without a Theory to Explain Them

English
Audio Mises Wire
Mises.org Publish Date: 
November 9, 2022 - 8:00 AM
Author 1: 
[1]

Mainstream economists claim that data alone can explain economic actions. Austrians know that without theory, data explains nothing.

Original Article:  [2]" [3]Facts and Data Have No Meaning without a Theory to Explain Them" [4]

This Audio Mises Wire is generously sponsored by Christopher Condon. '

Media: 
Austrian School: 
Capital and Interest Theory [5]
Praxeology [6]
Source URL:https://mises.org/library/facts-and-data-have-no-meaning-without-theory-explain-them

Links
[1] https://mises.org/profile/frank-shostak [2] https://mises.org/wire/were-getting-poorer-price-inflation-grew-faster-wages-again-september [3] https://mises.org/wire/government-regulated-healthcare-there-no-competition-no-competition [4] https://mises.org/wire/facts-and-data-have-no-meaning-without-theory-explain-them [5] https://mises.org/austrian-school/capital-and-interest-theory [6] https://mises.org/austrian-school/praxeology