Friedrich August von Hayek , Austrian economist
said about Economics, Facts, Ignorance, Information, Theory...
"Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the case of a physical theory, a scientist would certainly be expected to give precise information?"
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"Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the case of a physical theory, a scientist would certainly be expected to give precise information?"- Friedrich August von Hayek