Qualitative economics
From Mises Wiki, the global repository of classical-liberal thought
Qualitative economics is economic theory based on the knowledge that there are no constant relations in the sphere of human actions and that the exact future is always uncertain because the value judgments of acting men cannot be determined in advance with certainty.[1]
See also: Quantitative economics
References
- ↑ Percy L. Greaves, Jr. "Mises Made Easier ", 1974. Referenced 2014-08-21.