Milton Friedman's Methodological Mistake

Milton Friedman’s Methodological Mistake

Tags: Other Schools of Thought, Praxeology

05/16/2021 Matthew Tanous

Key methodological differences between Austrians were highlighted in Milton Friedman’s “The Methodology of Positive Economics.” A key piece of conflict: Friedman’s focus on prediction rather than explanation.

Original Article: “Milton Friedman’s Methodological Mistake“

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