GhostOnTheHalfShell ,
@GhostOnTheHalfShell@masto.ai avatar

@economics-that-works

I call bullshit on Friedman for every having written this. This shit should never have been allowed to survive. Get this atrocity out of here.

"Truly important and significant hypotheses will be found to have "assumptions" that are wildly inaccurate descriptive representations of reality, and, in general, the more significant the theory, the more unrealistic the assumptions (in this sense) (p. 14)."

https://en.wikipedia.org/wiki/Essays_in_Positive_Economics#The_Methodology_of_Positive_Economics

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