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Dmitry Chernikov

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The Trouble with David Friedman's "Rationality"

Free MarketsMonetary TheoryPhilosophy and Methodology

08/09/2007Mises Daily Articles
Economics is therefore not quantitative prediction. Nor is it a game or puzzle solving. Neither of the Friedman's assumptions — the rationality of economic agents and of the simplicity of preferences — is necessary...

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