video: Bill Whittle Takes Burkian Social Theory and Hayek’s Division of Knowledge Argument

Where no man has gone before.   ht: Instapundit.

thomas sowell: Edmund Burke vs Barack Obama

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Numerical information has no contribution whatever to make to pure economic theory, because there is no numerical information which gives us constants in the sense that we can assume that they’re still true 4 or 5 years hence. — F. H. Hayek

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