re: #102 EPR-radar

That prompted me to look at the wikipedia entry on this topic, where I found this gem:

Idiocy on stilts wearing clown shoes.

And that is the biggest problem with von Mises as an economist. Sure, we can debate the theory till hell come high water but if you want to ignore actual data and observation, then frankly you’re a shitty economist. Keynes’ big thing as I recall was to look at actual data. It’s why while I also agree with Keynes more than I do Mises think that his approach is infinitely better. You have to look at data. You can’t just live in a world of theory when you’re dealing with policy that effects people.