Arnold Kling  

Methodological Individualism

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The Misconception of the Twent... Rogoff vs. Blinder...

Don Boudreaux explains,


Whatever the topic -- war, economic growth, government regulation -- the only way to achieve genuine understanding of what's going on is to trace all actions back to the individuals who take them. The fact that individuals often act in concert -- say, as voters -- still requires those of us seeking to understand the outcomes of elections to understand the incentives and the constraints that confront the individuals who make up these groups.


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CATEGORIES: Austrian Economics



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