It’s easy to never be wrong if you never say anything. Even Friedrich von Hayek, Mises’ protégé and successor, who nevertheless formally rejected praxeology, claimed, in Individualism and Economic Order: All that the theory of the social sciences attempts is to provide a technique of reasoning which assists us in connecting individual facts, but which, like logic or mathematics, is not about the facts. It can, therefore… never be verified or falsified by reference to facts. That isn’t to say it doesn’t seize upon anything that looks like proof when it can, but that’s because it’s an aesthetic
...more
