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One Cannot Interpret Facts of Reality without Theories

Many economists, including Milton Friedman, have claimed that reality isĀ elusiveĀ and that one cannot know its true nature. Most mainstream economists also believe that data gives us the state of the economy. By inspecting numbers such as gross domestic product (GDP) or the consumer price index, only then can an economist accurately assess the state of economic conditions. ....

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One Cannot Interpret Facts Of Reality Without Theories – OpEd

One Cannot Interpret Facts Of Reality Without Theories – OpEd
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The Central Bank Policy Interest Rate Vs The Natural Rate – Analysis

The Central Bank Policy Interest Rate Vs The Natural Rate – Analysis
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United Kingdom , Henry Thornton , Frank Shostak , Knut Wicksell , Austrian School Economics , Mises Institute , Applied Austrian School Economics ,

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Why The Fed's Tight Rate Stance Damages The Economy – Analysis – Eurasia Review

Why The Fed's Tight Rate Stance Damages The Economy – Analysis – Eurasia Review
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Frank Shostak , Austrian School Economics , Mises Institute , Federal Reserve , Consumer Price , Interest Rate Policy , Applied Austrian School Economics ,