Friedman starts his essay because of the identifying in a conventional way between confident and you can normative economics and conjecturing one to coverage problems are usually really conflicts regarding consequences of choice and certainly will thus getting resolved because of the progress during the self-confident business economics. Turning to positive business economics, Friedman asserts (versus conflict) one correct anticipate about the phenomena not even observed is the greatest goal of most of the positive sciences.
Because it’s hard and frequently impractical to would tests and because new out of control phenomena economists observe are hard so you can interpret (owing to a similar causal complexity you to definitely bothered Mill), it is not easy to evaluate whether or not a certain idea are an effective a great cause for predictions or perhaps not. Continue reading “He holds a practical look at science and you can discovers the importance from research for the predictions that publication coverage”