Nominalist ideas influenced the scientific revolution, shaping its departure from metaphysics, its mechanistic perspective, and the mathematization of all sciences. This paradigm has brought about some errors in economic thinking.
You May Also Like
Editor's Pick
Is a new market uptrend on the horizon? In this video, Mary Ellen breaks down the latest stock market outlook, revealing key signals that...
Editor's Pick
The key resistance level I’ve been watching on the S&P 500 hasn’t wavered. It’s 5782. The bulls had a real chance this past week...
Politics
Richard Cobden was a British champion of laissez-faire who served in Parliament. While there, he led to successful campaign to repeal the Corn Laws,...
Politics
Patrick Newman joins Bob to discuss Simon Kuznets’ role in developing GNP and GDP metrics and Kuznets’ concerns over how government spending is accounted...