Economics deals with real man, weak and subject to error as he is, not with ideal beings, omniscient and perfect as only gods could be.Source: Ludwig Von Mises, Human Action, Chapter 4, Section 3, The Scale of Needs, 1949
Tuesday, November 29, 2011
Economics and Reality
Labels:
1900-1950,
Economics,
Economists,
Ludwig von Mises,
Nature of Man
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